# Funding Societies

> Funding Societies is a VC fund backing Financial Services and Banking. See 2 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Singapore, Singapore
- Total investments: 2
- Last investment: Oct 2024
- Lead investor: 0%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/funding-societies
- X (Twitter): https://twitter.com/FundSocietiesMy
- Website: https://www.fundingsocieties.com
- Facebook: https://www.facebook.com/fundingsocieties

Funding Societies is a VC fund in Singapore focused on Financial Services and Banking. Funding Societies operates an online platform that connects individual and institutional investors with SMEs seeking loans. The platform allows SMEs to access financing quickly and efficiently, often bypassing traditional banks. The company has operations in multiple Southeast Asian countries, including Singapore, Malaysia, Indonesia, and Thailand.

## Contacts

5 contacts available for Funding Societies. Shizune tracks 9 team members at Funding Societies. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/funding-societies?utm_source=investor_profile

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Financial Services | 2 | 100% |
| Banking | 1 | 50% |
| Finance | 1 | 50% |
| Automotive | 1 | 50% |
| Commercial | 1 | 50% |

6 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Debt Financing | 1 | 50% |
| Corporate Round | 1 | 50% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Alexander Christian | Digital Marketing Director | 0 | https://shizune.co/investors/profile/alexander-christian |
| Frank Stevenaar | Chief Financial Officer | 0 | https://shizune.co/investors/profile/frank-stevenaar |
| Iwan Kurniawan | Co-founder and COO | 2 | https://shizune.co/investors/profile/iwan-kurniawan-2 |
| Junxiong Ho | Chief Financial Officer | 1 | https://shizune.co/investors/profile/junxiong-ho-junxiong-ho |
| Kelvin Teo | Co-Founder | 3 | https://shizune.co/investors/profile/kelvin-teo |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Broom | Broom provides access for dealers in automotives to get short-term loans by putting their car inventories up as collateral. |  | Debt Financing | Oct 01, 2024 |  |
| Bank Index | Bank Index provides working capital and investment loans by prioritizing the expansion of market share in the small and medium enterprises segment as well as establishing joint financing with financial institutions like rural banks and finance companies.Established in 1993, Bank Index’s physical footprint includes 42 branches and offices, 24 ofwhich are located in Jakarta while the rest are in major cities. Bank Index is majority owned by Setiawan family, a prominent Indonesian family, whose business interests range from financial services, sugar and flour refinery, and property. |  | Corporate Round | Feb 23, 2022 |  |

2 of 2 investments shown.

## Co-investors
- [Modalku](https://shizune.co/investors/profile/modalku) — VC Fund, 2 deals together
- [ALAMI](https://shizune.co/investors/profile/alami) — VC Fund, 1 deal together
- [Carro](https://shizune.co/investors/profile/carro) — VC Fund, 1 deal together
- [Helicap](https://shizune.co/investors/profile/helicap) — VC Fund, 1 deal together
- [KoinWorks](https://shizune.co/investors/profile/koinworks) — VC Fund, 1 deal together
- [Komunal](https://shizune.co/investors/profile/komunal) — VC Fund, 1 deal together

## Similar investors

### Similar stage
- [ENISA](https://shizune.co/investors/profile/enisa-2) — VC Fund
- [Development Bank of Wales](https://shizune.co/investors/profile/development-bank-of-wales) — VC Fund
- [The FSE Group](https://shizune.co/investors/profile/finance-south-east) — VC Fund

## FAQ

### What does Funding Societies invest in?

Funding Societies invests primarily in Financial Services, Banking and Finance startups, most often at Debt Financing and Corporate Round stage. Most of the 2 investments tracked by Shizune back companies in Indonesia. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### How do I contact Funding Societies?

Public channels for Funding Societies include LinkedIn, X (Twitter) and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at Funding Societies?

The team at Funding Societies includes Alexander Christian (Digital Marketing Director), Frank Stevenaar (Chief Financial Officer) and Iwan Kurniawan (Co-founder and COO), among 9 team members tracked by Shizune. The Team section lists each member with their title, investment count and links.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

# About Shizune
Shizune.co is an investor database. Core features:
- 48,091 startup investors (angels, VCs, accelerators, and others)
- Email, phone, LinkedIn (for intros), socials, and other contact data
- Updated daily from public funding news
- CSV and Excel export

The User can access the full database FOR FREE after signing up: shizune.co