FUNDING SOCIETIES is the leading P2P lending platform for SMEs in Singapore, Indonesia and Malaysia. It provides peer-to-peer (P2P) lending services, where borrowers (potential SMEs) can get unsecured business capital loans of up to SGD$500,000 funded by platform lenders (individuals or institutions seeking alternative investments) through the digital market.
Shortly after obtaining investment from Sequoia India, Funding Societies grew to become the largest peer-to-peer lending platform in Indonesia and Southeast Asia. So far, Funding Societies have collectively channeled around Rp 500 billion to 650 SME loans in Southeast Asia.
Founded in the hallways of the Harvard Business School, Funding Societies is led by Harvard and Stanford University graduates from Southeast Asia. Funding Societies focuses on Small and Medium Enterprises (SMEs) that are worthy of credit to obtain business capital loans as well as lenders who are looking for alternative investments.