Funding Societies 4+

Funding Societies, Pte. Ltd

Designed for iPhone

    • 4.3 • 235 Ratings
    • Free

iPhone Screenshots


Funding Societies | Modalku is the largest SME digital financing and debt investment platform in Southeast Asia. Investors, including individuals and institutions jointly invest in financing to SMEs and earn returns in the form of interests. Diversify your investment portfolio by investing in creditworthy local SMEs.

No minimum balance. Low minimum investment amount. Short term & periodic repayments. No hidden fees, no withdrawal fees, investors just pay a one-time fee when they earn interest.

Backed by Sequoia India, Softbank Ventures Asia Corp, SGInnovate, and many others, Funding Societies has facilitated over S$2.38B worth of business loans. Since its launch, it has received multiple awards:

MAS FinTech Award (2016)
Global SME Excellence Award at the United Nations’ ITU Telecom World (2017)
Brands for Good (2019)
The 5 fastest growing FinTechs in Singapore by IDC (2020)
Stevie® Award for Innovation in Technology (2020)
ASEAN Startup of the Year by Global Startup Awards (2020)

Types of Investment Products (Might vary by countries)
Guaranteed Returns:
Guaranteed Property-backed Investment
Guaranteed Returns Investment

Property-backed Secured Investment
Dealer Financing Investment

Invoice Financing Investment / Accounts Payable Financing Investment/ Accounts Receivable Financing Investment
Revolving Credit Investment
Business Term Investment

Key Features
Investment starts from S$20 in Singapore, RM100 in Malaysia, Rp100,000.00 in Indonesia and THB10,000 in Thailand
Re-invest quickly with regular repayment for most products
Investment tenor up to 12 months (Singapore) and 24 months (Malaysia, Indonesia and Thailand)
Investors’ funds are kept in a 3rd party escrow account
Advocate ‘Skin in The Game’ philosophy by investing into the notes put up on our platform alongside our investors
Set up Auto Invest / Planned Funding and let the system automatically deploy funds for you based on your investment preferences
Individual Singaporean investors in Singapore can enjoy tax exemption on the interest returns from year 2020 onward

Pricing aligned with investors’ interests
We charge one simple and all inclusive fee from the total interest earned. Investors only pay the service fee when they receive their repayments from the SMEs.
Singapore: 18% of Interests
Malaysia: Varies across products (Business Term - 2% p.a. of Principal and Interests; Others - 15%-30% of Interests)
Indonesia: 3% p.a. of Principal and Interests
Thailand: 3% p.a. of Principal and Interests

Steps to Sign Up
Step 1: Register for an account
Step 2: Fill in the required information (Usage of MyInfo is available in Singapore)
Step 3: Make an initial deposit to activate your account (S$20 in Singapore, RM100 in Malaysia, Rp100,000.00 in Indonesia)
Step 4: Start investing

All investments carry risks. Please ensure that you fully understand the risks involved by reading the Risk Disclosure Statement. The provided images are for display purposes only and are not representative of actual results.

Funding Societies Singapore (Funding Societies Pte. Ltd.)
Licensed by the Monetary Authority of Singapore (MAS) - CMS100572
Please contact or call us at +65 6221 0958

Funding Societies Malaysia (Modalku Ventures Sdn Bhd)
Licensed by the Securities Commission Malaysia (SC) - 1190266X
Please contact or call us at +603 2202 1013

Modalku (PT Mitrausaha Indonesia Grup)
Licensed by the Indonesia Financial Services Authority (OJK) - 77/POJK.01/2016
Please contact or call us at +62 878 6500 8311

Funding Societies Thailand (FS Siam Co., Ltd.)
Licensed by the Securities and Exchange Commission (SEC)
Please contact or call us at +66 93 139 9721

Operating hours: Monday to Friday, 9:00 AM to 6:00 PM (excl. public holidays observed in the respective countries)

What’s New

Version 3.2.0

In this latest version, we:
- Made our app more secure by implementing an inactivity tracker
- Enabled submitting decimals in withdrawal requests (for Malaysian and Singaporean accounts)
- And finally, we fixed some bugs!

Ratings and Reviews

4.3 out of 5
235 Ratings

235 Ratings

terencechua.2011 ,

Reliable investments

I’ve been an investor since 2016, and kudos to the management team and their foresight of onboarding safe loans. My experience on the platform has been great thus far. Customers are easy to win, but trust once broken, is difficult to rebuild especially in this ultra competitive micro loans market. It’s reassuring for investor’s to know the team takes a conservative stance in onboarding loans on the platform and I would rather not take on abit more risk (given the already extremely risky nature of the loans) for a little more gains.

One small suggestion for improvement is to allow the viewing of the loan factsheet on the App.

Good job guys!


SupremeLeaderKim ,

Deal flow

The lending platform is as good as its deal flow. Watch out for how much of your initial fund transfer is actually being invested. I find it hard to put beyond $2.5k at work at any single moment in recent months, probably a mix of both number of funds and unique users, as well as a growth of deal flow slower than the growth in available funds. Essentially less being shared amongst more users = lower allocation. And you may just need a small amount of working capital on top of that to fund deals before your payments come in. Don’t put too much into the platform yet. Also, given the low default rate, I would surmise that there is room for the platform to experiment with laxer requirements on some deals.

Developer Response ,

Hey there! Thanks for leaving a review, and we agree that loan/deal flow is extremely important for platform like ours. We have plans to ramp up the number of loans in the coming months to match the demand of our growing investor base.

However, not only is the loan/deal flow important to us, we also don't wish to compromise on our underwriting just to have more loans/deals and possibly have our defaults rise as well. It may be less than ideal now, but we'd like to keep our low defaults as a competitive advantage.

It might be worth noting that we also have loans/deals at times that do not have a maximum investment amount. That provides Investors an opportunity as well to deploy more funds from their available balances.

felixnghj ,

Great UI and Customer Service

I’ve been on the platform for 2 months so far, and have had great projected annual returns of 12%-13%. Really impressed by Funding Societies’ investment methodology, personal and responsive customer service. The website, mobile app are easy to use and designed well. The banks in Singapore have a lot to learn from the benchmark that these guys have set for how investments and all financial products and services should be. Keep it up guys. :)

App Privacy

The developer, Funding Societies, Pte. Ltd, indicated that the app’s privacy practices may include handling of data as described below. For more information, see the developer’s privacy policy.

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