# Funding Societies > SME digital financing and debt investment platform for Southeast Asia. (iPhone/iPad app by FS Technologies Pte. Ltd..) - Source: https://appshunter.io/ios/app/funding-societies/id1108023092 (this page in markdown: same URL + `.md`) - Developer: [FS Technologies Pte. Ltd.](https://appshunter.io/developer/1705825490) - Category: Finance, Business - Price: Free - Rating: 4.30/5 from 8 App Store ratings · 82 written reviews indexed - Age rating: 4+ - Requires: iOS 13.0 · 39 MB - Languages: American English, Indonesian - Released: 2016-05-03 - Data updated: 2026-06-10 - Monetization: free with in-app purchases - User reviews in markdown: https://appshunter.io/ios/app/funding-societies/id1108023092/reviews.md ## What is Funding Societies? 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 Asset-backed: Property-backed Secured Investment Dealer Financing Investment Others: 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 Disclaimer: 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 info@fundingsocieties.com or call us at +65 6221 0958 Funding Societies Malaysia (Modalku Ventures Sdn Bhd) Licensed by the Securities Commission Malaysia (SC) - 1190266X Please contact info@fundingsocieties.com.my 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 info@modalku.co.id 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 thailand@fundingsocieties.com 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) ## Key features - Invest in Southeast Asian SMEs - Earn interest on investments - Low minimum investment amounts - Short-term and periodic repayments - Diversify investment portfolio - Auto Invest feature ## Recent user reviews (10 of 82) All indexed reviews: https://appshunter.io/ios/app/funding-societies/id1108023092/reviews.md ### 2/5 — Oh no. Singpass issue *2025-06-03, version 3.8.6* App is using obsolete access to Singpass, which is now blocked. ### 1/5 — Make a reliable app *2025-03-10, version 3.8.4* Hi developer, the current app always ask me to login every single time. Can you update and make it a good app that wont ask user to login every single time. I will be redirected to browser page and login there. It is very annoying ### 1/5 — Getting more step every log in *2025-03-05, version 3.8.4* The Log In process is becoming increasingly cumbersome. Previously, logging in required only a fingerprint, but now it also requires an ID, password, and more. This makes investors feel more and more inconvenienced. Please improve this issue, or more investors may abandon this troublesome investment platform. ### 1/5 — High DEFAULT rate & Persistent login issue *2024-12-31, version 3.8.4* High DEFAULT rate & Persistent login issue ### 1/5 — Kick from apps *2024-11-19, version 3.8.4* Apps suddenly kick me and my deposit was not on the list.. tried to talk with live chat but no answer.. bad service ### 2/5 — Unable to login *2024-10-16, version 3.8.4* Couldn’t login via Face ID. When I click Login via password, it redirects me to the login page and then the Face ID pops up again. I’m stuck in an error loop. ### 1/5 — Too many fail investment *2024-07-15, version 3.5.5* I invested 28 projects and there got 7 fails last few years and until now still no update. ### 1/5 — Fake default rates *2023-10-26, version 3.5.0* Default rates are higher than advertised. Most loans have zero chances of recovery. Scam. ### 1/5 — App lags very badly. Unable to login at times *2023-06-07, version 3.3.0* For some reason, the app starting lagging really badly after I changed phone. I made sure the app was update and all but still no use. Every other app on my phone works fine. So no idea what’s wrong with this app. Apart from that, returns of the loans going down even while we’re in an inflationary environment ### 1/5 — Mobile APP *2023-06-01, version 3.3.0* Keep jumping out after log in ## Frequently asked questions about Funding Societies ### What does Funding Societies do? Funding Societies is a digital financing and debt investment platform that connects investors with small and medium-sized enterprises (SMEs) in Southeast Asia. Investors can fund these businesses and earn returns in the form of interest, while SMEs gain access to capital. ### What are the key features for investors? Key features include low minimum investment amounts starting from S$20 in Singapore, short investment tenors up to 12-24 months, and the ability to re-invest quickly with regular repayments. The platform also offers an Auto Invest feature for automated fund deployment and keeps investor funds in a third-party escrow account. ### How does Funding Societies make money? The platform charges investors a service fee based on the total interest earned. This fee is only paid when investors receive their repayments from the SMEs. The specific fee structure varies by country and product type. ### What types of investments are available? The platform offers various investment products, including Guaranteed Returns (Property-backed, General), Asset-backed (Property-backed Secured, Dealer Financing), and Other types such as Invoice Financing, Revolving Credit, and Business Term Investments. ### Is there a minimum balance or hidden fees? There is no minimum balance required to invest. The platform emphasizes transparency with no hidden fees or withdrawal fees. Investors only pay a one-time fee when they earn interest. ## Version history (last 5 releases) ### 3.8.6 — 2025-03-25 We have fixed a few issues and made some improvements ### 3.8.4 — 2024-10-13 We have fixed a few issues and made some improvements ### 3.8.2 — 2024-10-03 We have fixed a few issues and made some improvements ### 3.7.1 — 2024-09-11 We have fixed a few issues and made some improvements ### 3.6.0 — 2024-08-26 We have fixed a few issues and made some improvements ## Apps similar to Funding Societies | App | Rating | Price | Category | | --- | --- | --- | --- | | [SC Mobile Malaysia](https://appshunter.io/ios/app/sc-mobile-malaysia/id392924154) | 4.6 (167) | Free | Finance | | [Kenanga Digital Investing](https://appshunter.io/ios/app/kenanga-digital-investing/id1595012589) | 5.0 (1) | Free | Finance | | [GoodWhale App](https://appshunter.io/ios/app/goodwhale-app/id1330125230) | 3.2 (6) | Free | Finance | | [FWD SG](https://appshunter.io/ios/app/fwd-sg/id1538535682) | 4.5 (21) | Free | Finance | | [ALAMI P2P Funding Syariah](https://appshunter.io/ios/app/alami-p2p-funding-syariah/id1555600327) | 5.0 (2) | Free | Finance | | [CIMB OCTO MY](https://appshunter.io/ios/app/cimb-octo-my/id1591184221) | 4.9 (474) | Free | Finance | --- *Data collected daily from the US App Store and indexed by [AppsHunter](https://appshunter.io/). User reviews are verbatim App Store reviews. Ratings, prices and chart positions refresh continuously; this snapshot is from 2026-06-10.*