Funding Societies enters neobanking space with investment in Indonesia’s Bank Index

Southeast Asian SME digital financing platform Funding Societies (also known as Modalku in Indonesia) alongside automotive marketplace platform Carro has announced an undisclosed investment in Indonesia’s Bank Index. The move marks Funding Societies’s entry into the neobanking space and its drive to offer digital financial services to underserved businesses in the region. With a focus […] The post Funding Societies enters neobanking space with investment in Indonesia’s Bank Index appeared first on e27.