- Headquarters
- Jakarta
- Employees
- 501–1000
- Founded
- 2016
- Business Model
- Marketplace
- Website
- modalku.co.id
- Total Funding
- $176.4M
- Last Round
- $144.0M Series CFeb 2022
- Rounds
- 4
About
Modalku (operating as Funding Societies | Modalku) is Southeast Asia's largest SME digital financing platform, licensed in Singapore, Indonesia, Thailand, Malaysia, and registered in Vietnam. Founded in 2015 in Singapore and launched in Indonesia in 2016, the platform connects small and medium enterprises with working capital through products including term loans, invoice financing, and purchase order financing. Regulated by OJK in Indonesia and multiple regional financial authorities, Modalku has helped thousands of SMEs access funding to grow their businesses across the region.
Summary
Modalku is a Fintech company based in Jakarta, Indonesia, founded in 2016. It has raised $176.4M in total across 4 rounds, most recently a $144.0M Series C round in Feb 2022. Investors include Sequoia Capital, SoftBank and SBVA.
Tech & App Stack
11 technologies & apps tracked
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Funding History
Feb 2022
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Seed through Series C — per-round amounts, valuations, and who invested in each round.
Investors
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