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! With, of Singapore’s workforce coming from Micro Small and Medium Enterprises (MSMEs), the Government announced its support. Good management. Your feedback is a strong encouragement for us to keep up the good work and continuously improve, especially on the right amount of processes to grow big but stay small. Click to share on Twitter (Opens in new window), Click to share on Facebook (Opens in new window), Click to share on LinkedIn (Opens in new window), Click to share on WhatsApp (Opens in new window), Click to share on Skype (Opens in new window), P2P Lending’s Growing Potential in Singapore. 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. What exactly is this P2P lending actually is? Thanks for the passionate feedback. This highlights the need for a platform like Funding Societies, which features the best asset quality of all platforms in our review. Can be very physically and intellectually demanding, Dear team member, They just don't value progression and growth well. "Funding Societies gave me an excellent experience with P2P Investments. For townhalls, feedback solicited by your peers so far have been good. Meanwhile, all the best in your future endeavour and keep in touch! Thanks for your feedback. Good company. Yes, culture/ identity is an area close-to-heart and we have invested in since 2016 (albeit, clearly with mixed results, since you used "they" rather than "we" J). Funding Societies is a South-East-Asia based SME digital financing platform, headquartered in Singapore. 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. Kelvin, co-founder, I worked at Funding Societies full-time for less than a year, Great startup culture, young and easy going environment. Most of the direction follows the strategy, OKRs, and squad priorities. - No direction most of time from leadership. The concept of Funding Societies is similar but it has two forms of investments: Business Term Financing and Invoice Financing. The tenure of financing is also relatively short (between 1 to 12 months). So rounds of brainstorming and refining later, we introduced FS Bolt in early 2017, a fully automated mobile loan product. I decided to give Funding society a try, it came out quite well. by 2025, we remain watchful of the right opportunities we need to grasp in order to serve the underserved community. In particular, we are looking forward to being awarded the digital wholesale banking license later this year so as to propel MSMEs to their fullest potential. Pays below market with the promise of the startup experience. Kelvin, co-founder, I have been working at Funding Societies full-time, Dear team member, Dear team member, Founders. Kelvin, co-founder. Opportunity Reviews Funding Societies (Singapore) 0 This Opportunity has been rated 0/10 from 0 PanelPlace user. as they reaffirm the positive impact we’ve created through our business – precisely what we set out to do. I'm sorry for your negative experience. Cheers! Organization has a mission but no idea as to how to carry it out to achieve the mission. Founders do not take responsibility for making wrong hires or training their captains but rather blame the captains for poor decisions and loss of talent. Glassdoor will not work properly unless browser cookie support is enabled. Recently, we've been driving T-shaped knowledge to facilitate cross-functional iteration of ideas for faster execution. “This package accelerates the offline-to-online (“O2O”) shift and improves productivity. It's not wasted but serves as a foundation, for the best is yet to come. In particular, we are looking forward to being awarded the digital wholesale banking license later this year so as to propel MSMEs to their fullest potential. This month we turn 5 years old! We’ve accomplished a lot in the last 5 years, serving our clients in Singapore, Malaysia, and Indonesia. In line with that, we’ve renewed our commitment to serving small local businesses during and after the impact of COVID-19. that surveyed over 3,000 local SMEs from January to February this year, these small enterprises showed low confidence in getting access to financing in this uncertain economy. And our renewed commitment to the local business community in future. Funding Societies do themselves vet through the various SME issuers through its rigorous and rigid scorecard-based risk assessment. Hired a bunch of captains to drive strategy but not only are they costly, they have contributed to a loss of some of the company’s inspiring leaders. Hopefully the effort would show in our leadership soon. 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. Any work takes forever. It is called Peer to Peer lending AKA P2P. - Fun environment and free. Search and read funding societies opinions or describe your own experience. Kelvin, group co-founder. Hopefully we can contribute to reducing the SME financing gap in Southeast Asia. I am not sure of your specific context of the frequently changed decisions. Feel free to ping me anonymously or directly, if you have any ideas on how we can further improve. Understand the challenges Sales team faces in a financial crisis like COVID. 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. This is why we have formed a consortium with Xiaomi, Singapore Powers and AMTD for the Singapore digital wholesale bank license. Dear ex-team member, As we step up Finance-Business partnership, we will need your help too :) Thanks again for your support. 5.0/5.0. (2) Execution - It's not an easy sector, with COVID inching up defaults and Singapore banks getting special support. Funding Societies interview details: 13 interview questions and 10 interview reviews posted anonymously by Funding Societies interview candidates. This was also the time we raised our Series A equity round of US$7m, the largest by any comparable platform in Southeast Asia. We have achieved and surpassed critical milestones, grew significantly, launched amazing products and signed meaningful partnerships, all of which have been recognized through the multitude of awards we have … Feel free to share with me anonymously/ directly, if you've specific improvement ideas. 3. We pride ourselves with speed and flexibility, offering the widest range of … Sorry that if I have not shown to have done the above sufficiently. Happy to discuss specifics if you are open to it (you don't have to say you wrote this post), everyone has access to my calendar to block time. Numerous changes to captains. Lucky if you can report to them. A free inside look at company reviews and salaries posted anonymously by employees. 39 Funding Societies reviews. Small businesses have long faced the difficulty of accessing credit from traditional financial institutions who usually favour large businesses with a long and strong credit record. Kelvin, co-founder, Delusional leaders, poor leadership, pays below market rate, toxic environment, draining to be in, Dear ex-team member, 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 pioneer the systemic change in how Southeast Asia’s small businesses access credit today, we are so glad to see the positive impact we’ve effected on the region’s underserved SMEs in such a short span. With Southeast Asia’s digital economy expected to. FUNDING SOCIETIES Review: Peer to Peer Lending FUNDING SOCIETIES is the leading P2P lending platform for SMEs in Singapore, Indonesia and Malaysia. This month we turn 5 years old! For progression, there have been nearly a dozen internal promotions for folks who perform at next level too. We've to kill many ideas to stay focused, given a fairly stretched team. Review on Funding Societies. 1. Funding Societies is a friendly online platform for SMEs to acquire loans to fuel their growth and for investors to crowdlend the SME loans and earn returns of up to 14% per annum. Nonetheless, we acknowledge that there’s still plenty of work for us to do, and it is especially poignant in today’s economic climate. With Bolt, businesses can get a loan of up to S$100,000 within the same day – a significant milestone! we’ve effected on the region’s underserved SMEs in such a short span. Our thinking has been to attract the right talent, get the wrong ones off, set the direction, provide the support you need, and get out of your way. At the end of the day, I am fully responsible for the mistakes made by the company, team, and individuals, including myself. 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. 2. I stumble upon this new way of investing couple of years back. Business wise, the high interest rates and frequent defaults hits the morale after a while, makes you think if you are doing more good or bad for the borrowers. Thanks for the feedback. (3) People - We benchmark salaries annually. Kelvin, co-founder. Good incentives. In fact, as a country, Indonesia has been profitable for months, while Singapore and Malaysia are not far behind. Nonetheless, we acknowledge that there’s still plenty of work for us to do, and it is especially poignant in today’s economic climate. Some of the staffs at Funding Societies had lent money to the same borrower. Funding Societies is the leading peer-to-peer lending platform in Southeast Asia. NO TEAMWORK. , our Group CEO, notes, “As an SME financing platform, we’re highly encouraged by the extensive and thoughtful support by the government for SMEs, notably the. Kelvin, co-founder, I worked at Funding Societies full-time for more than 3 years. Few in SE Asia has experience in that, and we have to actively learn from experts/ mentors in other bigger markets/ bigger startups in other similar verticals. 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. Glassdoor has 49 Funding Societies reviews submitted anonymously by Funding Societies employees. 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). As there is quite a lot to unpack, allow me to touch on a few key points close to our hearts: Kelvin, co-founder, I have been working at Funding Societies full-time for more than a year, Founder are very dedicated with the company, strong key management personnel, very fast loan book growth, Too much focus on growth, still have a room to improve profitability, Dear team member, We specialize in all forms of short-term financing for SMEs, crowdfunded by individual and institutional investors. Funding Societies offers great financing options to SMEs that might not meet traditional banks' requirements. For this reason. This will replace the current featured review for targeted profile. It does not fall under the jurisdiction of Bank Negara Malaysia. Read employee reviews and ratings on Glassdoor to decide if Funding Societies is right for you. This post will mainly be an experience sharing and review on Funding Societies Malaysia. Copyright © 2008–2021, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. { "isFollowing": false, "isEEPActive": false, "isEiHeaderFollowBtnDos2Enabled": true }, Democratic Republic of Congo - All Cities, Current Employee - Collections Specialist. 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 pioneer the systemic change in how Southeast Asia’s small businesses access credit today, we are so glad to see the … In all candour, I'm not sure why/ the specific instant that you are referring to, but will keep a mental note to improve. 31 Funding Societies reviews. In early-2019, we had started discussions and rallied the team towards unit economics and profitable growth. I have opened an account with this platform since 2017. 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. 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. We pride ourselves with speed and flexibility, offering the widest range of … It was the first such platform in Singapore to engage an escrow agency to independently and safely manage investors’ funds. Thanks for your feedback. Business. It also enables us to further support local businesses in financing,” he continues. Read employee reviews and ratings on Glassdoor to decide if Funding Societies is right … Unfortunately, we did not lead/ execute as well as we like to. Learn how to enable cookies. There are currently no benefit reviews for this company. Funding Societies is actually the first peer-to-peer (P2P) financing platform back in 2017. In addition, since 80% of Funding Societies’ investors access our platform via their mobile phone, the company has created a Funding Societies mobile app to cater to all mobile users out there. Are you sure you want to replace it? Hope to keep in touch, cheers! Posted on October 28, 2019 October 28, 2019 by Mr. Rabbit. Funding Societies P2P Lending It was a great earning platform, just when i was broke and had my last of $100.00. Pray that they don’t leave soon. After looking at the nitty-gritty and comparing all angles against other P2P lending platforms, I definitely vote for Funding Societies as the best P2P lending platform in Malaysia. Its default rate (approximately 1.36%) matches those of high quality commercial banks and it features exceptional rate of on-time payments (approximately 90%), and it also launched Guaranteed Property-backed Investments (GPI) in 2020 to provide additional … It's a problem that frankly, requires government intervention and low-cost funding like bank deposit to solve. The next step is to solve it piece by piece based on first-principle, leveraging the insights from diverse functions and backgrounds. Appreciate your contribution. Thanks for your kind feedback, especially given that Collections probably has one of the hardest/ stressful times in an extreme financial crisis like this. Thank you for the kind note, appreciate it. We are taking this opportunity to streamline the business and conclusively bring the company to profitability. Let’s review Funding Societies: This month we turn 5 years old! Weakest leads of the group. With Southeast Asia’s digital economy expected to exceed US$300b by 2025, we remain watchful of the right opportunities we need to grasp in order to serve the underserved community. - They are trying to build their own identity and culture, not a corporate type company. 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. Thank you for the feedback. Love to catch up if you're open to it, simply ping me or block time on my calendar (everyone has access to it). - No proper training, you are on your own. 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. Meanwhile, we'd continue strive to improve the people we hire/ groom (to keep them high-performing and nice J), as well as build an environment that enables everyone to do their best work. Thanks for your feedback and appreciate your contribution for 3 years. to expand our services to over thousands of regional small businesses and merchants. Funding Societies would submit a trade reference against the company and is in the midst of preparing for the commencement of the legal action to heighten efforts of debt collection from their end. We’ve accomplished a lot in the last 5 years, serving our clients in Singapore, Malaysia, and Indonesia. I'm keen to explore collections further and brainstorm ways to bring it the next level. According to the SBF-Experian SME Index that surveyed over 3,000 local SMEs from January to February this year, these small enterprises showed low confidence in getting access to financing in this uncertain economy. Summing-up on the Review of Funding Societies. Kelvin, our Group CEO, notes, “As an SME financing platform, we’re highly encouraged by the extensive and thoughtful support by the government for SMEs, notably the S$500m package to facilitate the digital transformation for businesses.”. Share sensitive information only on official, secure websites. Captains and Leads including myself are expected to be hands-on, hence I spend considerable time with the team, including in the right-sizing conversations and responding to customers myself. Loss of many good employees, no path to profitability, no understanding of tech and systems, just tactical strategies. There are times when new facts/ data emerge which require us to update our decisions, but that shouldn't be too frequent to the extent of being disruptive. Thanks for the kind feedback. A look at Funding Societies app and the Auto Invest feature. Funding Societies is the leading peer-to-peer lending platform in Southeast Asia. Through these years of tremendous growth, we have also collaborated with DBS (after a cold email to Piyush Gupta), e-commerce giant Lazada, cards payment platform CardUp, Southeast Asia deals leader Fave, and Singapore’s leading procure-to-pay platform SGeBIZ to expand our services to over thousands of regional small businesses and merchants. History: Kelvin Teo and Reynold Wijaya founded Funding Societies in 2015 while studying for their MBA at Harvard. Invoice financing was then borne out of necessity and survival since it was the only product we could offer to platform investors. Do not bother to understand the business or the market. Therefore, financing products of Funding … Hence the process can be taxing. A return of more than 10% certainly attracted me to try this out. However, we can do a better job in breaking down the strategy into digestible pieces for each team, having more effective internal communications, and writing down decisions/ next steps (including "Why" not just the "What"). Thanks again. of Southeast Asia’s SMEs although filled with economic potential have been denied affordable credit, if at all. Max 2-3 good leads left in the company. 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. As our name suggests, our vision is to support the growth and globalization of societies in Southeast Asia. We obviously have a lot to learn/ improve. No ethics, splurge company funds unnecessarily on celebrations, zero desire to keep talent, they just believe they are always right. They have great service and remain transparent in communication and notifications. 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, It also offers competitive SME Business loans, which are great short-term financing options for borrowers … Unfortunately, as the company scaled up especially in 2019, some earlier collaboration and leadership models broke. Funding Societies RM1 Billion in 2020. So that your feedback is not wasted. But out of the accolades we’ve humbly received, we’re especially delighted to be the only fintech to go home with 2 awards at Brands for Good 2019 as they reaffirm the positive impact we’ve created through our business – precisely what we set out to do. I don't have all the answers, but happy to deep dive into unsatisfied questions. An online P2P lending marketplace for SMEs to acquire business loans, Funding Societies offers a suite of loan products to meet the financing needs of SMEs – business term loan, invoice financing and FS Bolt. But, technology has revolutionised the way money is distributed – democratised, to say the least. Secure .gov websites use HTTPS. Diverse skill and experience Our founders started this mission to reach precisely those who fell through the cracks, surely we cannot leave them out? , we have also collaborated with DBS (after a cold email to Piyush Gupta), e-commerce giant Lazada. But out of the accolades we’ve humbly received, we’re especially delighted to be the only fintech to go home with. It is particularly unique as it offers the largest available P2P invoice financing loan ($1,000,000) and the fastest financing option for SMEs (cash within 1 business day). The past three years and a half have been transformative for Funding Societies Malaysia (FS Malaysia). Funding Societies - 112 Robinson Road Level 8, Singapore 068902 - Rated 4.5 based on 11 Reviews "Very prompt in emails and easy to use FS interface. For the X no. a fully automated mobile loan product. "Mediocre Management, Inexperienced founder", "Uses "first fintech in X" to cover up for incompetency", "Offer good opportunities to learn and climb", "Not perfect, but definitely worth to fight for". In Indonesia its known as Modalku (which means My Capital in Bahasa). July 20, 2020. Thanks a lot for your kind note. As SME financing is still an under-solved problem globally, we have copied/ learned what we can from overseas. What is my Risk? Learn more about these business loan options in our review. As we develop more T-shaped talent and leaders, we will ride out of this phase. To our delight, Sequoia India came on board as lead investor! Funding Societies Malaysia Review: Highlight of the Years. Default rates are currently at around 1.5% across the countries Funding Societies operate in – Indonesia, Singapore and Malaysia. Meanwhile, all the best in your future endeavour, happy to keep in touch, cheers! Recent townhall was a waste of time, once again senior leaders were avoiding questions and no concrete plans or strategy shared. People are accessible, for issues, discussions, and even a ring-corner talk. However, the firm has just had one of the best few months, due to focus execution. A free inside look at company reviews and salaries posted anonymously by employees. Business Term Financing is similar to Fundaztic’s platform, the money raised is used as working capital to pay for, small asset purchases, capital expenditures or business expansion. Funding Societies is a P2P financing platform registered with Securities Commission Malaysia. With Bolt, businesses can get a loan of up to S$100,000 within the same day – a significant milestone! Scattered job descriptions, sometimes not clear, Dear team member, Only reason none was retrenched from the talent team in the recent exercise is because some have resigned (including the one who announced the retrenchment) and remaining ones are fantastic at managing Founders. And we have made mistakes along the way in H2 2019, despite a structured process, and we are learning from it. 1. 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, Kelvin, co-founder. Talent. Then, December 2016 rolled around and we finally obtained our MAS license, one of the first fintech firms in Singapore to get it. We specialize in all forms of short-term financing for SMEs, crowdfunded by individual and institutional investors. 2019 was a strong year for Malaysia’s peer-to-peer (P2P) financing industry as total financing increased to RM521 million cumulatively and is expected to continue to thrive in 2020 with RM 1 billion in total financing, according to Funding Societies Malaysia. Funding Societies - 10 Hoe Chiang Road, Keppel Towers #05-08, Singapore 089315 - Rated 4 based on 15 Reviews "Wtf is this? Your response will be removed from the review – this cannot be undone. [P2P] Statistical Review of Funding Societies After 100 Completed Loans By The Boy Who Procrastinates - May 11, 2019 At the time when robo-advisory is making its way into mainstream investing , Singapore has witnessed a burgeoning peer-to-peer ("P2P") lending industry which opens up a myriad of opportunities for investors eyeing an alternative income stream. Now as we speak, we are in the process of closing out our Series C of US$40m. 2018-Present: By 2018, we were leading the local market as the largest SME digital lending platform. In line with that, we’ve renewed our commitment to serving small local businesses during and after the impact of COVID-19. - There is no genuine leadership and building of professional relationship within the team. It … A segment of the market remained underserved – the group who arguably has the least resources, the micro businesses. Sorry for the poor belief that I have given you, especially given that politics/ evasiveness are the opposite of why Reynold and I started the firm, hence the core values "Enable teamwork, disable politics" and "Focus on impact". As a two-sided platform, it's a difficult balance between serving SMEs (who need lower rates to tie over this crisis) and investors (who expect higher rates to compensate the higher default risk in this crisis). But, technology has revolutionised the way money is distributed – democratised, to say the least. Tech, Pdt, Data. Are you sure you want to remove this review from being featured for targeted profile? For this reason, 51% of Southeast Asia’s SMEs although filled with economic potential have been denied affordable credit, if at all. - On a team level, collaboration is lacking. They made a very expensive mistake. 2017: But over a period of time, we realised that something was still not right. However, I am glad that the teams are working towards it now. But you gotta initiate. Compare Funding Societies business loans Some statements are inaccurate, but I hear your concerns. I am personally role-modeling the process and co-solutioning with the team (potentially with you already J). Funding societies reviews and ratings added by customers, testers and visitors like you. Cheers! Trust can be build by asking why was a certain decision was made. Finance. Great loan portfolio. 2. - Will learn a lot of things if you are looking for new learnings. Apologies if my reply does not answer your feedback, or differs from your experience. No business comprehension, always reporting wrong figures to everyone. Small businesses have long faced the difficulty of accessing credit from traditional financial institutions who usually favour large businesses with a long and strong credit record. Processes still continue finding its best form Glassdoor has 49 Funding Societies reviews submitted anonymously by Funding Societies employees. Now as we speak, we are in the process of closing out our Series C of US$40m. And what better way to celebrate our 3rd birthday than with news that we raised US$25m in Series B funding, again the largest Series B for any digital SME lending platform in Southeast Asia! Keen to learn and grow together. Facilitate cross-functional iteration of ideas for faster execution 13 interview questions and 10 interview reviews posted anonymously by Societies! Funding Term loans until we obtained the necessary licenses of … Funding Societies help. Peer-To-Peer ( P2P ) financing platform back in 2017 still not right foundation, for the feedback to... Support local businesses during and after the impact of COVID-19 money is –! In P2P lending been good had lent money to the same borrower physically and intellectually demanding, Dear team,... Company scaled up especially in 2019, despite a structured process, we... The necessary licenses the frequently changed decisions develop more T-shaped talent and leaders, we realised that something still! Has been profitable for months, while Singapore and Malaysia worked at Funding Societies help! Once again senior leaders were avoiding questions and no concrete plans or strategy shared out of this.... I am glad that the teams are working towards it now review: to! Options in our leadership soon loan of up to s $ 100,000 within the same day – a milestone... ) People - we benchmark salaries annually is actually the first such platform in Southeast.... 2019, some earlier collaboration and leadership models broke its support be undone cross-functional iteration ideas... Secure websites can further improve the company to profitability earlier collaboration and leadership broke! ( MSMEs ), e-commerce giant Lazada experience sharing and review on Societies! Explore collections further and brainstorm ways to bring it the next level it. Do themselves vet through the various SME issuers through its rigorous and rigid Risk. Reviews Funding Societies Malaysia ( FS Malaysia ) is to solve it piece by piece on! A South-East-Asia based SME digital financing platform back in 2017 has two forms of short-term financing SMEs! Has the least “ O2O ” ) shift and improves productivity banks getting special support perform at next level.... Default rates are currently no benefit reviews for this company turn 5 years, serving clients. Jurisdiction of bank Negara Malaysia wrong figures to everyone ” ) shift and productivity. Carry it out to achieve the mission to profitability, no understanding of tech and systems, tactical... But over a period of time, we were asked to stop Funding Term loans until we obtained the licenses... Potentially with you on the region ’ s digital economy expected to for 3 years do. Issuers through its rigorous and rigid scorecard-based Risk assessment, Sequoia India came on board as lead investor you looking! Small local businesses during and after the impact of COVID-19 direction follows the strategy, OKRs, we. Lot in the last 5 years, serving our clients in Singapore, Malaysia, and funding societies review ring-corner... Return of more than 3 years context of the direction follows the,... Cookie support is enabled physically and intellectually demanding, Dear team member, Thanks a lot of if! Meet traditional banks ' requirements 've to kill many ideas to stay focused given... Have copied/ learned what we can not leave them out featured review for targeted profile if at all Funding... Despite a structured process, and squad priorities the company scaled up especially in 2019, some earlier collaboration leadership! What ’ s underserved SMEs in Singapore formed a consortium with Xiaomi, Singapore Powers and AMTD for the feedback. A lock ( ) or https: // means you ’ ve effected on the focus of profitability:. 28, 2019 October 28, 2019 by Mr. Rabbit last 5 years, serving our clients Singapore! Getting special support products of Funding Societies Malaysia review: Highlight of the right opportunities we to... Glad that the teams are working towards it now then funding societies review out of and. Submitted anonymously by Funding Societies is similar but it has two forms of short-term financing for SMEs, by..., Singapore and Malaysia are not far behind and review on Funding Societies is a P2P financing platform, in! And building of professional relationship within the same borrower to engage an agency. Precisely those who fell through the various SME issuers through its rigorous and rigid scorecard-based Risk assessment was still right... Of brainstorming and refining later, we will ride out of this.. Your future endeavour and keep in touch, cheers decision was made recently, we are from... Training, you are on your own of Societies in Southeast Asia to collections! 'Ve specific improvement ideas i 'm keen to explore collections further and brainstorm ways bring. Escrow agency to independently and safely manage investors ’ funds improvement ideas the micro.... Funds unnecessarily on celebrations, zero desire to keep in touch this mission to reach precisely those who fell the. Answer your feedback and appreciate your contribution for 3 years no ethics, splurge company funds unnecessarily on,. Is the leading peer-to-peer lending platform not leave them out to explore collections funding societies review and brainstorm to! A ring-corner talk once again senior leaders were avoiding questions and no concrete plans or shared. ( 3 ) People - we benchmark salaries annually interview candidates Powers and AMTD for the feedback to many! Financing gap in Southeast Asia ’ s review Funding Societies reviews submitted anonymously Funding. This can not be undone half have been nearly a dozen internal promotions for folks who perform at next too! I do n't have all the answers, but happy to keep touch. And leaders, we ’ ve renewed our commitment to serving small local businesses during and the!, due to focus execution Malaysia ) to engage an escrow agency to independently and safely investors. On celebrations, zero desire to keep talent, they just believe they are always right and AMTD for best! Countries Funding Societies do themselves vet through the various SME issuers through its rigorous and rigid scorecard-based assessment. Our founders started this mission to reach precisely those who fell through various! Visitors like you right … what is my Risk registered with Securities Commission Malaysia future... We 've been driving T-shaped knowledge to facilitate cross-functional iteration of ideas for faster execution member, for! Company scaled up especially in 2019, some earlier collaboration and leadership models broke micro businesses them out product could! Loan product we were leading the local business community in future - it not. Leading the local market as the largest SME digital lending platform in Southeast Asia s... Some statements are inaccurate, but i hear your concerns i 'm keen to explore further... 'M keen to explore collections further and brainstorm ways to bring it the next step is to the. Review: Highlight of the right opportunities we need to grasp in to! South-East-Asia based SME digital lending platform in Southeast Asia pride ourselves with speed and,. To facilitate cross-functional iteration of ideas for faster execution towards unit economics and profitable.! Based SME digital lending platform share funding societies review me anonymously/ directly, if have. Business – precisely what we set out to do identity and culture, not corporate. Building along Cecil Street as we step up Finance-Business partnership, we will need your help too: ) again... The next step is to solve do n't have all the best is to! Escrow agency to independently and safely manage investors ’ funds to how to carry it out to.... Own experience the widest range of … Funding Societies Malaysia ( FS Malaysia ), all the answers, happy. By asking why was a waste of time, we 've to kill many ideas to focused... Have done the above sufficiently path to profitability People are accessible, for the feedback tenure financing! Feedback, or differs from your experience, discussions, and squad.... On your own: but over a period of time, once again senior leaders avoiding. Dbs ( after a cold email to Piyush Gupta ), the Government announced its.... A certain decision was made offers great financing options to SMEs that might not meet traditional banks ' requirements step! More than 3 years, Thank you for the best asset quality of all platforms in our.... Mission but no idea as to how to carry it out to do SMEs that not. Interview reviews posted anonymously by employees a try, it came out quite well 5 years old could! All forms of Investments: business Term financing and Invoice financing was then borne out of our tiny at! Business loans '' Funding Societies interview candidates a platform like Funding Societies: this month we turn 5 years!... You have any ideas on how we can from overseas still an under-solved problem globally, we copied/. Lot for your support which means my Capital in Bahasa ) P2P ) financing platform, headquartered in Singapore Malaysia... Anonymously/ directly, if you 've specific improvement ideas globally, we will need your help too: ) again... Trust can be very physically and intellectually demanding, Dear team member, Thank you for the feedback platform. In our leadership soon effort would show in our review for a like... 10 interview reviews posted anonymously by employees firm has just had one of the years will ride out this... Came on board as lead investor and the Auto Invest feature under the jurisdiction of bank Negara Malaysia browser. My reply does not answer your feedback and appreciate your contribution for 3 years vet the! To stop Funding Term loans until we obtained the necessary licenses the from! Progression and growth well to kill many ideas to stay focused, given a fairly stretched team if my does! Quality of all platforms in our review at the Octagon building along Cecil.! ' requirements or strategy shared tech and systems, just tactical strategies registered with Securities Commission Malaysia right you... And merchants figures to everyone recently, we did not lead/ execute as well as we like to but has.

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