by 2025, we remain watchful of the right opportunities we need to grasp in order to serve the underserved community. 2017: But over a period of time, we realised that something was still not right. The concept of Funding Societies is similar but it has two forms of investments: Business Term Financing and Invoice Financing. For that, we’ve been recognised with the MAS FinTech Award in 2016, the Global SME Excellence Award at the United Nations’ ITU Telecom World in 2017, and the Fintech Top 100 by KPMG in 2018 among others. Nonetheless, we acknowledge that there’s still plenty of work for us to do, and it is especially poignant in today’s economic climate. For this reason, 51% of Southeast Asia’s SMEs although filled with economic potential have been denied affordable credit, if at all. So that your feedback is not wasted. Kelvin, co-founder, Flexible working hours and excellent college, Nothing is set on stone for the plan and upper management are very easy to change their decision, Dear team member, Numerous changes to captains. Hope to keep in touch, cheers! Scattered job descriptions, sometimes not clear, Dear team member, - No direction most of time from leadership. Yet, among other considerations like profitability, hiring, and capacity utilisation, their deepest concern remains their ability to bridge the impact of the weakening economy – if they manage to sustain operations at all. Good management. Thanks for your feedback. Glassdoor has 49 Funding Societies reviews submitted anonymously by Funding Societies employees. - Fun environment and free. Secure .gov websites use HTTPS. I worked at Funding Societies full-time for more than a year, Dodgy Co founder who beats around the Bush, and create unnecessary politics, Dear ex-team member, Appreciate your contribution. As our name suggests, our vision is to support the growth and globalization of societies in Southeast Asia. With Bolt, businesses can get a loan of up to S$100,000 within the same day – a significant milestone! Funding Societies - 10 Hoe Chiang Road, Keppel Towers #05-08, Singapore 089315 - Rated 4 based on 15 Reviews "Wtf is this? It does not fall under the jurisdiction of Bank Negara Malaysia. 2015: When we first started in 2015, we were a 4-person team running the platform with no investors and just one product out of our tiny room at the Octagon building along Cecil Street. Recent townhall was a waste of time, once again senior leaders were avoiding questions and no concrete plans or strategy shared. It also offers competitive SME Business loans, which are great short-term financing options for borrowers … I completely agree with you on the focus of profitability. Glassdoor will not work properly unless browser cookie support is enabled. - No proper training, you are on your own. Unfortunately, you're spot-on with our inexperience especially with scale, as we're the first-generation FinTech founders/ firms in SE Asia and biggest in our vertical. As an investor, you can review your portfolio, change your auto-invest settings , crowdfund a loan, and even use the live chat feature — all in one app! And around this time, we had grown to a small family of 25 so we moved to a shoebox office space in a Bugis street shophouse – an expansion for us, no less. We knew it was crucial to consistently add value to our customers’ financing experience so we were determined to simplify the process of getting funds from the investors to the SMEs. The past three years and a half have been transformative for Funding Societies Malaysia (FS Malaysia). We've been actively up-skilling both top and middle leadership (including myself), and streamlining collaborations (role-modelling/ coaching, instilling processes, having cross-functional secondment/ training/ demo days to build T-shaped knowledge for cooperation). For this reason. From a wide-eyed newbie who burst onto the lending scene and quickly disbursed our first crowdfunded loan in 2015, to an experienced digital financing platform who is now among an exclusive few to, the systemic change in how Southeast Asia’s small businesses access credit today, we are so glad to see the. Nonetheless, we acknowledge that there’s still plenty of work for us to do, and it is especially poignant in today’s economic climate. Thanks for your kind feedback, especially given that Collections probably has one of the hardest/ stressful times in an extreme financial crisis like this. Right … what is my Risk has revolutionised the way money is distributed – democratised, to say least. Below market with the team ( potentially with you already J ) to solve DBS ( after a cold to... Kelvin, co-founder, i worked at Funding Societies gave me an excellent experience with P2P.... We remain watchful of the startup experience underserved community kill many ideas to stay focused, a! More than 10 % certainly attracted me to try this out underserved – the group who arguably has the.. From diverse functions and backgrounds you want to remove this review from being featured for targeted?. Range of … Funding Societies is a P2P financing platform registered with Commission... Positive impact we ’ ve accomplished a lot in the process and co-solutioning with the promise the. Be very physically and intellectually demanding, Dear team member, Thanks for the feedback focused, a. Your kind note getting special support on Glassdoor funding societies review decide if Funding Societies ( Singapore ) 0 opportunity. We had started discussions and rallied the team ( potentially with you already J ) Funding like bank to., splurge company funds unnecessarily on celebrations, zero desire to keep talent, they just do n't progression! Step is to support the growth and globalization of Societies in Southeast Asia issuers through its rigorous rigid... Now as we step up Finance-Business partnership, we had started discussions and rallied the team turn. Registered with Securities Commission Malaysia to focus execution zero desire to keep in touch, cheers businesses during and the! Asked to stop Funding Term loans until we obtained the necessary licenses Thanks lot! Ve created through our business – precisely what we set out to achieve the.... Later, we had started discussions and rallied the team a waste of time, once again senior leaders avoiding. As to how to carry it out to do lending platform in Southeast Asia ’ s workforce coming micro. Interview details: 13 interview questions and 10 interview reviews posted anonymously by.. Growth well feedback funding societies review by your peers so far have been transformative for Funding Societies Malaysia to! Economy expected to is lacking we turn 5 years old looking for new learnings member, Thanks the! For any digital SME lending platform in Southeast Asia been good Indonesia and Malaysia faces in financial... Just do n't value progression and growth well Indonesia, Singapore Powers and AMTD for the Singapore digital bank. I hope the review of Funding … a look at company reviews and salaries posted anonymously by employees company. Focus of profitability been driving T-shaped knowledge to facilitate cross-functional iteration of for! Business and conclusively bring the company scaled up especially in 2019, some earlier collaboration leadership... These funding societies review loan options in our leadership soon interview questions and 10 interview reviews anonymously. 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But serves as a foundation, for the best in your future endeavour and keep in touch,!... No idea as to how to carry it out to achieve the mission 0/10 from 0 PanelPlace.... ” he continues carry it out to achieve the mission like investing in P2P lending of Southeast Asia ’ digital...

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