February 16, 2022 | 16:33

VNG invests in Funding Societies

Hồng Vinh

VNG, Vietnam’s leading internet and technology company, announced on February 16 a $22.5 million investment in Funding Societies, a digital capital funding platform for Southeast Asian small and medium-sized enterprises (SMEs) and which operates in Singapore and Indonesia under the name Modalka. The latter is licensed and registered to operate in four countries and territories in the region and will operate in Vietnam shortly.

VNG invests in Funding Societies
Mr. Kelvin Teo (left) and Mr. Ryan Galloway (right) from Funding Societies. Source: VnEconomy
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