Kelvin Teo and Reynold Wijaya founded Funding Societies in 2015 while studying for their MBA at Harvard.[REF] Funding Societies operates an online platform that enables Small and Medium Business to seek funding for their growth from a pool of investors, through crowdfunding.
In January 2016, Funding Societies launched Modalku, which means "My Capital" in Bahasa to reach out to SMEs in the Indonesian Market.