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Alternative Investments February 14, 2017

My Greatest Takeaways From the 12-week Internship at Funding Societies

Everyone dreams of finding a job they love. Like many other undergraduates, I spent several summer breaks in various internships, letting each experience guide…

Alternative Investments February 14, 2017

How could you achieve 13-14% investment returns?

Article by Damon Wong Dear investor, Imagine you have some savings, so you’re looking to grow the money with a profitable business idea… But…

Alternative Investments January 12, 2017

Three Key Risks of Peer-to-Peer Lending

The Peer-to-Peer (P2P) lending sector has gained quite a fair bit of attention as financial services have taken greater heights in its innovation phase…

Alternative Investments January 12, 2017

What Does UOB Investing In Peer-To-Peer Lending Platform Means For The Future Of Borrowing And Lending In Singapore

Just last week, UOB announced that they would be investing S$14 million into a global equity crowdfunding platform, OurCrowd. For those who are not…

  • funding societies

    Funding Societies | Modalku (FSMK) is the largest Peer-to-Peer lending platform in Southeast Asia which provides business financing to SMEs which is crowdfunded by retail and institutional investors as well as high-net-worth individuals. Founded in 2015, FSMK is licensed and registered in Singapore, Indonesia and Malaysia and has financed more than 120,000 loans at over S$400 million to date.

    FSMK is the most well-funded P2P lending platform in Southeast Asia, with a USD 25 million Series B funding round in 2018 led by SoftBank Ventures Asia and supported by Sequoia India, Alpha JWC Ventures and Golden Gate Ventures amongst other investors. It is also recognised as one of the top 100 Fintech globally by KPMG, and is the only P2P Lending platform to receive the Fintech Award conferred by Monetary Authority of Singapore.

    Check out the FSMK story.

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  • It should not be construed that Dollars & Sense is endorsing any of the products and services provided by Funding Societies.

    Nothing in this article should be construed as constitute or form a recommendation, financial advice, or an offer, invitation or solicitation from Funding Societies to buy or subscribe for any securities and/or investment products. The content and materials made available are for informational purposes only and should not be relied on without obtaining the necessary independent financial or other advice in connection therewith before making an investment or other decision as may be appropriate.

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