Funding Societies raises US$27 million in debt funding from institutional investors to bridge credit gap for SMEs in Southeast Asia, Business News

First such debt transaction from all institutional investors with a SME FinTech lender in SEA

SINGAPORE, Sept. 26, 2023 /PRNewswire/ — Funding Societies | Modalku, the largest unified SME (small and medium enterprises) digital finance platform in Southeast Asia, announced it has successfully raised debt of US$27 million led by Asia-focused private credit…