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Funding Societies Partners with Bukku to Streamline Loan Approvals for SMEs.

Jun 25, 2025•12 months ago

Contract Type

partnership

Financial ServicesMobileAppsPayments

Description

Funding Societies has collaborated with cloud-based provider Bukku to provide instant financing eligibility checks for Malaysian SMEs. This partnership allows Bukku users to receive pre-approved financing offers without traditional paperwork, enhancing access to finance for underserved businesses.

Company Information

Company

Funding Societies

About

Funding Societies | Modalku is the largest SME digital financing platform in Southeast Asia, expanding into a leading SME neobank. It is licensed and registered in Singapore, Indonesia, Thailand, Malaysia, and operating in Vietnam. It is backed by SoftBank Vision Fund, SoftBank Ventures Asia, Sequoia Capital India, Alpha JWC Ventures, SMBC Bank, Samsung Ventures, BRI Ventures, Endeavor, SGInnovate, Qualgro, and Golden Gate Ventures amongst others. The FinTech company provides business financing to small and medium-sized enterprises (SMEs), annualising US$1 billion disbursement in 2021. It was given the MAS FinTech Award in 2016, the Global SME Excellence Award at the United Nations' ITU Telecom World in 2017, KPMG Fintech100 in 2018, Brands for Good in 2019, and ASEAN Startup of the Year by Global Startup Awards in 2020. In 2021, it was honorably mentioned as Responsible Digital Innovator of the Year by World Bank IFC SME Finance Forum and won the MAS Fintech award for the second time. https://fundingsocieties.com/

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