Funding Societies | SGInnovate

Funding Societies

Digital financing platform for SMEs

Founded2015
LocationSingapore
StageSeries C

Funding Societies is a leading and pioneer digital financing platform for small and medium businesses in Southeast Asia. They utilise Machine Learning and AI to reach, serve, and evaluate new segments of customers.

Kelvin Teo

Kelvin Teo, Group CEO & Co-founder
Kelvin holds a master’s degree in Business Administration from Harvard University, with more than five years of financial services experience at KKR, McKinsey and Accenture.

Reynold Wijaya

Reynold Wijaya, Co-founder
Reynold holds a Master's Degree in Business Administration from Harvard University and was previously an Executive at United Family Food, one of Indonesia's largest confectionaries, where he drove expansion and efficiency to achieve millions of dollars in savings.

Jared Goldberg

Jared Goldberg, CDO
Jared has more than 14 years of experience in credit and collateral management, he was also the former Head of Business Integration and Analytics at Standard Chartered Bank.

Frank Stevenaar

Frank Stevenaar, CFO
Frank has more than 20 years of experience in financial services and M&A. He was previously the Co-founder and CFO at GoBear.

Nihit Nirmal

Nihit Nirmal, CPO
Nihit has over 15 years of experience in technology where he was previously Senior VP and Head of Product Management and Growth at Lending Kart, India’s largest digital SME lender.

Ishan Agrawal

Ishan Agrawal, CTO
Ishan Agrawal has over 10 years of experience in technology. He previously led the building of data and tech products for Viki (Rakuten), Rocketfuel and Paypal in South East Asia, US and India.