Funding Societies 3.5.5

Funding Societies | Modalku is recognized as the leading SME digital financing and debt investment platform in Southeast Asia. It provides a platform where investors, both individuals and institutions, can collectively invest in SME financing, earning returns in the form of interest. This offers an opportunity to diversify investment portfolios by supporting creditworthy local SMEs.

With a significant backing from investors such as Sequoia India, Softbank Ventures Asia Corp, SGInnovate, and several others, Funding Societies has facilitated more than S$2.38B worth of business loans. The platform has been honored with various awards since its inception:

• MAS FinTech Award (2016)
• Global SME Excellence Award at the United Nations’ ITU Telecom World (2017)
• Brands for Good (2019)
• Recognition as one of the five fastest-growing FinTechs in Singapore by IDC (2020)
• Stevie® Award for Innovation in Technology (2020)
• ASEAN Startup of the Year by Global Startup Awards (2020)

The investment products offered may vary by country and are designed to cater to different preferences:

• Guaranteed Returns:
  • Guaranteed Property-backed Investment
  • Guaranteed Returns Investment
• Asset-backed:
  • Property-backed Secured Investment
  • Dealer Financing Investment
• Others:
  • Invoice Financing Investment / Accounts Payable Financing Investment / Accounts Receivable Financing Investment
  • Revolving Credit Investment
  • Business Term Investment

The key features of the platform include:

• Investment starting from S$20 in Singapore, RM100 in Malaysia, Rp100,000.00 in Indonesia and THB10,000 in Thailand
• Reinvestment options with regular repayments for most products
• Investment tenor up to 12 months (Singapore) and 24 months (Malaysia, Indonesia, and Thailand)
• Funds kept in a third-party escrow account for investor security
• Promotion of the 'Skin in The Game' philosophy, encouraging investment alongside investors on the platform
• Auto Invest / Planned Funding feature for automated fund deployment based on investor preferences
• Tax exemption on interest returns for individual Singaporean investors from 2020 onwards

Pricing is structured to align with investors' interests, with a simple fee structure deducted from total interest earned. The fees vary across countries:

• Singapore: 18% of Interests
• Malaysia: Varies across products (Business Term - 2% p.a. of Principal and Interests; Others - 15%-30% of Interests)
• Indonesia: 3% p.a. of Principal and Interests
• Thailand: 3% p.a. of Principal and Interests

The sign-up process involves four simple steps:

1. Register for an account
2. Complete the required information (Usage of MyInfo is available in Singapore)
3. Make an initial deposit to activate your account (S$20 in Singapore, RM100 in Malaysia, Rp100,000.00 in Indonesia)
4. Start investing

A disclaimer is included highlighting the risks that come with all investments and advises reading the Risk Disclosure Statement for better understanding. The images provided are for display purposes only and do not represent actual results.

Funding Societies' respective licenses are as follows:

• Funding Societies Singapore (Funding Societies Pte. Ltd.) - Licensed by the Monetary Authority of Singapore (MAS) - CMS100572
  Contact: [email protected] | +65 6221 0958
• Funding Societies Malaysia (Modalku Ventures Sdn Bhd) - Licensed by the Securities Commission Malaysia (SC) - 1190266X
  Contact: [email protected] | +603 2202 1013
• Modalku (PT Mitrausaha Indonesia Grup) - Licensed by the Indonesia Financial Services Authority (OJK) - 77/POJK.01/2016
  Contact: [email protected] | +62 878 6500 8311
• Funding Societies Thailand (FS Siam Co., Ltd.) - Licensed by the Securities and Exchange Commission (SEC)
  Contact: [email protected] | +66 93 139 9721

Operating hours are Monday to Friday, from 9:00 AM to 6:00 PM, excluding public holidays observed in respective countries.