Greg Moon News Today

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By Sam Nussey TOKYO (Reuters) - SoftBank Group Corp has created an executive committee to oversee its second Vision Fund, Latin America funds and any ...

Funding Societies (which goes by Modalku in Indonesia), a SME digital financing platform, announced that it has raised $144 million

Small businesses are the backbone of Southeast Asia’s economy, but many struggle to secure working capital loans because they don’t have traditional credit records or collateral, say the founders of Funding Societies. The fintech, which claims to be the region’s largest SME digital financing platform, uses alternative forms of credit-scoring and has disbursed more than […]

Funding Societies has announced that it has raised USD144 million (RM605 million) in an oversubscribed Series C+ equity round led by Japanese venture capital fund SoftBank Vision Fund 2.

Modalku Group announces $144 million Series C+ funding round led by Softbank Vision Fund 2

Funding Societies (which goes by Modalku in Indonesia), Southeast Asia’s largest SME digital financing platform, today announced that it has raised US$144 million in an oversubscribed Series C+ equity round led by SoftBank Vision Fund 2, with new investors notably Vietnamese tech giant VNG Corporation, Rapyd Ventures, Asia-based global investor EDBI, Indies Capital, K3 Ventures, and Ascend Vietnam...

  Payment orchestration provider BR-DGE has formed a strategic partnership with market-leading feedback company eKomi.