Funding Societies raises $25m equity investment from Cool Japan Fund

Funding Societies raises $25m equity investment from Cool Japan Fund

Kelvin Teo, Funding Societies co-founder and group CEO

Southeast Asia fintech player Funding Societies, known as Modalku in Indonesia, has raised $25 million in equity investment from Cool Japan Fund (CJF), Japan’s sovereign wealth fund, according to an announcement.

Edited by: Padma Priya