Funding Societies (also known as Modalku in Indonesia) is a rapidly growing digital financing platform in Southeast Asia. It focuses on supplying short-term credit to SMEs that are often overlooked by traditional financial institutions, with a particular emphasis on the Indonesian market. The platform offers both secured and unsecured credit products with a term of less than 12 months, using a mix of automated and manual processes for credit assessment. With over €1 billion funded and a pace of around €42 million per month, Funding Societies' robust technology stack and comprehensive historical data set play a pivotal role in automating its operations.
The organisation operates via a hybrid model, using both crowdfunding and balance-sheet funding, typically split 50/50 but varying by region and quarter. Funding Societies Capital (FSC), a wholly-owned entity of the Funding Asia Group, is the official borrower where all balance-sheet lending is registered. This allows for more flexible loan funding, accommodating various borrower limits, loan sizes, government-supported programs, and rapid credit disbursements.
Serving both SMEs (by granting loans) and investors (by issuing notes for a fee), Funding Societies generates both interest and fee income. It has gained support from prominent venture capital investors such as Softbank and Sequoia and established debt investors such as Triodos Bank Capital and Innoven Capital, underlining its significance in the impact investing sphere.
Informazzjoni ġenerali
Min jissellef | FS Capital Pte Ltd |
Pajjiż | Indoneżja |
Uffiċċju prinċipali | Singapore |
Website | https://fundingsocieties.com/ |
Imwaqqfa | 21 November 2016 |
Attiv fuq Lendahand minn | 19 January 2021 |
Credit Score | B+ |
Informazzjoni finanzjarja sal-2024-06-30
Ħarsa Ġenerali tal-Portafoll | €133,213,300 |
Proporzjon ta' Leverage | 89.11% |
Proporzjon ta' telf fl-aħħar 12-il xahar | 0.56% |
% ammont ta' investiment f'arretrati (>90 ġurnata) | 5.35% |
Dwar Indoneżja
Indonesië is een republiek met een presidentieel systeem. Het land is een eenheidsstaat, wat betekent dat de macht gecentraliseerd is bij de centrale overheid. Indonesië bestaat uit honderden verschillende inheemse etnische groepen; de grootste en politiek dominante groep zijn de Javanen. Het heeft een gemengde economie, waarin de publieke sector en de overheid een belangrijke rol spelen. Het land heeft de grootste economie in Zuidoost-Azië en maakt deel uit van de G20.
L-aħħar proġett iffinanzjat
Funding Societies 32
L-investiment tiegħek f'Funding Societies jikkontribwixxi għall-iżvilupp tal-SMEs fl-Indoneżja, li jammontaw għal 97% tal-impjiegi. L-investiment tiegħek jipprovdi kapital ta' tkabbir lil 24 kumpanija, li jippermettilhom jilħqu l-ambizzjonijiet tagħhom u jsaħħu l-prosperità u l-ħolqien tal-impjiegi fir-reġjun.