More $$$ for SMEs soon? Malaysian fintech Funding Societies fills the financing gap in Southeast Asia by offering loans to SMEs, which are funded by individual and institutional investors. 

And they just raised $27M from debt funding!

• Launched in 2015, they have 200K investors registered on the platform. 
• Oh, and they’ve also disbursed RM14B ($2B) to their investors. 

Investor check. AlteriQ Global led the round, while Aument Capital Partners (ACP) and Orange Bloom also joined in!

• Last year, they raised $144M in a Series C+ funding round led by SoftBank’s Vision Fund 2. 

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🤑 Where’s the $$$

When it comes to capital, banks won’t always understand where you’re coming from. 

That’s where alternative lending platforms like Funding Societies can step in and plug the gap. 

• They offer term loans, invoice financing, microloans, dealer financing, and more!
• Keeping it halal? They’ve even got financing solutions that are Shariah-compliant. 

That’s not it. They also offer short-term investments for entry-level investors. 

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🤏 For investors 

Funding Societies lets you dip your feet into debt investing with a minimum of SGD20 ($14~), although this might differ depending on where you’re based. 

• Get guaranteed property-backed investments, revolving credit investments, business team investments, and more. 
•  All online. e-sign contracts and check your portfolio through their app.Oh, and you can use their Auto Invest feature to automate your funds deployment. 

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🔼 In the horizon

They’ll use the $$$ to support their financing solutions to support more SMEs across the markets they operate in.