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Funding Societies | Modalku Group

Two-sided SME lending and payments platform

Head of Funding & Investor Relations

Full-TimeUpdated on 10/23/2026
No salary listed
Expert
Kuala Lumpur, Federal Territory of Kuala Lumpur, Malaysia
Hybrid
Finance & BankingTreasury

About the job

Requirements
  • 10 to 15 years of experience in capital markets, structured finance, treasury, corporate or commercial banking, investment banking, private credit, institutional investor relations or related fields.
  • A proven track record of defining and executing a funding or investor strategy from origination through closing and ongoing servicing, with clear delivery against financial targets.
  • Demonstrated experience structuring and closing funding facilities, including warehouse lines, structured or securitised facilities and/or wholesale funding.
  • A strong network across Malaysia's banking, digital banking, fund management, development finance, government and private banking ecosystem; a regional Southeast Asia network is an advantage.
  • Strong understanding of the credit priorities, portfolio mandates and risk appetite of institutional and private wealth funding partners.
  • Experience raising and servicing institutional and/or HNW capital, with the ability to engage confidently with institutional counterparties and private wealth channels.
  • Strong commercial, negotiation and stakeholder management skills, with the ability to articulate funding value propositions and understand structure economics including pricing, tenor and covenants.
  • Strong understanding of P&L and cost of funds drivers, with the ability to assess the commercial impact of funding decisions.
  • Experience working cross-functionally with Credit, Risk, Legal, Finance, Product and Operations, and the ability to lead complex initiatives from origination through execution.
  • Proven experience leading and developing a team in a high-growth or complex environment.
  • Fluency in English and Bahasa Malaysia is required.
Responsibilities
  • Define and execute Malaysia's funding and investor strategy across institutional, wholesale and private wealth channels, with clear funding raise, committed capital and AUM targets.
  • Originate, pitch and onboard institutional funding partners, including digital banks, commercial banks, fund managers, asset managers, development finance institutions and government agencies.
  • Develop and grow relationships with HNW investors, financial advisors and private bankers as a distribution and investment channel.
  • Serve as the senior relationship owner for key funding partners and investors, increasing commitments, tenors and product participation over time while managing executive-level engagement and escalations.
  • Lead the structuring and execution of warehouse lines, structured and securitised facilities, wholesale funding and other on- and off-balance-sheet funding arrangements.
  • Work with Product and private wealth channels to develop investment products and structures tailored to HNW and private wealth investors.
  • Build and manage a structured funding pipeline and ensure execution against funding raise, AUM and committed capital targets.
  • Own investor reporting, covenant monitoring, compliance and performance updates across funding facilities and investor mandates.
  • Partner with Credit, Risk, Legal, Finance, Product and Operations to ensure smooth drawdowns, servicing and reporting, while anticipating and resolving issues before they escalate.
  • Partner with Credit, Risk and Product to align funding structures with unit economics, pricing, credit risk and liquidity strategy, while supporting funding diversification, long-term liquidity planning and cost of funds optimisation.
  • Represent Funding Societies Malaysia with banks, investors, rating agencies where relevant, regulators and external counsel.
  • Develop a high-performing funding and investor relations team and work effectively across functions and the broader regional organisation.
Desired Qualifications
  • Experience in BFSI, particularly lending, private credit and investments.
  • Experience working in a rapid-growth or startup environment.
  • Professional qualifications such as CFA and familiarity with securitisation and structured finance documentation.
  • Mandarin or Cantonese language ability.

About the company

F

Funding Societies | Modalku Group

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Funding Societies operates as a digital finance platform for SMEs in Southeast Asia, matching borrowers with a pool of individual and institutional investors for debt funding. Its products include short-term business term loans, invoice financing, revolving lines of credit, and microloans, with quick approvals enabled by technology and alternative data; investors access a diversified SME debt portfolio with low minimums. The company differentiates itself with a broad regional footprint, being licensed in four SEA countries, and by expanding into payments and expense management (notably via CardUp) to support transactions beyond lending. Its goal is to close the SME financing gap in Southeast Asia by providing accessible, data-driven credit and a connected payments ecosystem that helps businesses grow.

Company Size

201-500

Company Stage

Late Stage VC

Total Funding

$600.7M

Headquarters

Singapore, Singapore

Founded

2015

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Simplify Jobs

Simplify's Take

What believers are saying

  • July 2026 UOI AssureProtect adds sticky insurance revenue to Business Term Loan Pro.
  • April 2026 GXS property-backed loans broaden addressable SME demand in Singapore.
  • Press reports say 2025 lending revenue surpassed 2024, after US$54.3 million revenue.

What critics are saying

  • GXS and Boost Bank own balance sheets, compressing FS into a commoditized origination layer.
  • Headcount fell to 634 by March 2026, signaling cost pressure and execution strain.
  • If partner banks replace FS underwriting, the company loses pricing power and relevance.

What makes Funding Societies | Modalku Group unique

  • 2026 partnerships with GXS Bank, Boost Bank, and UOI embed FS into workflows.
  • FS Capital spans Singapore, Indonesia, Malaysia, Thailand, and Vietnam with local licenses.
  • CardUp integration and instant eligibility tools turn financing into a payments-led platform.

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Benefits

  • Flexible Work Hours
  • Wellness Program
  • Health Insurance
  • Paid Vacation
  • Paid Holidays
  • Mental Health Support

Growth & Insights and Company News

6 month growth

1%

1 year growth

1%

2 year growth

1%
UOI
Jul 23rd, 2026
UOI partners Funding Societies to introduce embedded protection for SME Financing.

UOI partners Funding Societies to introduce embedded protection for SME Financing. Singapore, 23 July 2026 - United Overseas Insurance Limited (UOI) has partnered with Funding Societies, Southeast Asia's largest unified SME digital finance platform, to launch AssureProtect, a new embedded insurance proposition designed to help small and medium-sized enterprises (SMEs) strengthen business continuity. The partnership reflects a shared commitment to supporting SMEs with practical financial solutions that address both growth and resilience. As part of the collaboration, AssureProtect will be included in all Funding Societies Business Term Loan Pro at no additional cost to SME borrowers, providing added protection when it matters most. As SMEs continue to invest in expansion while building resources and capabilities, ensuring business continuity remains critical. AssureProtect is designed to protect businesses against unforeseen events that could affect their ability to meet financing obligations. Under the coverage, the outstanding loan amount will be paid in the event of the accidental death or permanent disability of a key person associated with the business. AssureProtect also provides 24/7 worldwide coverage and requires no underwriting or additional application process, making protection simple, accessible and seamless for SME owners. Andrew Lim, Chief Executive Officer of United Overseas Insurance Limited, said: "We understand that SME's face unique challenges as they balance growth ambitions with the realities of building resilient and sustainable businesses. We are delighted to partner with Funding Societies to introduce AssureProtect, ensuring SME owners have access to meaningful protection that safeguards their financing obligations while they focus on growing their businesses with confidence." Kelvin Teo, Co-Founder and Group Chief Executive Officer of Funding Societies, said: "For many SMEs, the owner is the business. If something happens to them, the debt can outlive the company and fall to the family. AssureProtect is built into Business Term Loan Pro at no additional cost and with no forms to complete, so the protection is there for SMEs on this product. Having financed over 100,000 SMEs across Southeast Asia, we have learned that resilience comes from how financing is structured. UOI is a natural partner for this." The collaboration underscores the importance of integrating protection into the financing journey, enabling SME owners to access not only the capital they need to grow, but also the assurance that their businesses are better protected against unexpected events.

Tech in Asia
May 18th, 2026
Funding Societies, Boost Bank launch property-backed SME loans in Malaysia

Funding Societies and Boost Bank have launched a secured loan product for Malaysian SMEs, allowing businesses to borrow against industrial or residential properties for working capital, expansion and operations. Under the first phase, Funding Societies will originate financing for eligible SMEs using Boost Bank's balance sheet. The partnership targets firms with assets that still face financing gaps. The product extends Boost Bank's SME lending range beyond its existing unsecured Term Loan and Revolving Credit offerings. The digital bank has focused on underserved micro-SMEs often deemed high risk by traditional banks. The collaboration pairs Funding Societies' borrower sourcing capabilities with Boost Bank's lending capacity, enabling faster entry into secured lending without building distribution independently. The companies say this approach adds pressure on traditional banks operating legacy systems.

Startup Researcher
Apr 28th, 2026
GXS Bank and Funding Societies launch $1.5M property-backed SME loan in Singapore

GXS Bank, backed by Grab and Singtel, has partnered with digital financing platform Funding Societies to launch the GXS Biz Property-backed Loan, offering Singaporean SMEs up to S$2 million in financing secured against residential or commercial property assets. The facility allows businesses to unlock liquidity from their real estate holdings for expansion, cash flow management, or time-sensitive opportunities. GXS Bank provides its balance sheet and ecosystem reach, whilst Funding Societies contributes its digital SME financing expertise and structured lending capabilities. The loan will initially roll out to existing customers of both firms before expanding to businesses within the Grab and Singtel ecosystem. The partnership addresses a critical financing gap by transforming illiquid property assets into accessible capital for business growth.

Tech in Asia
Apr 27th, 2026
GXS Bank and Funding Societies roll out SME property loans up to $3M in Singapore

GXS Bank and Funding Societies have launched a property-backed loan product for small and medium-sized enterprises in Singapore. The offering will initially target existing customers of both firms and businesses within the Grab and Singtel networks. The loan allows SME owners to borrow against property assets for business purposes, operating under different regulations than personal mortgage equity withdrawal loans. GXS had previously advertised secured working capital of up to S$2 million through its business lending site, with applications shared with FS Capital Pte Ltd. Funding Societies already offers similar property-backed loans up to S$4 million through FS Capital. The partnership expands GXS Bank's product range beyond unsecured credit whilst tapping into ready-made customer pools from parent companies Grab and Singtel.

Fintech News Malaysia
Jun 25th, 2025
Bukku Taps Funding Societies' Instant SME Loan Eligibility Tool

Funding Societies has partnered with cloud-based accounting platform Bukku to offer real-time SME financing eligibility, allowing Malaysian small businesses to secure funding without paperwork or lengthy applications.