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Kelvin Teo – Co-Founder and Group CEO of Funding Societies

  • Portfolio company
  • November 4, 2020

By Jeremy Soh, Anqi Chen, Weisheng Neo

Tags: Data, Consumer Insights

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“What excites you most about your industry?
Impact. Given SMEs’ huge contribution to Southeast Asia’s GDP and employment, with financing being one of their biggest challenges, we can uplift the economies and lives in Southeast Asia if we can solve the SME financing problem which is a structural problem known as the “missing middle.” Digitalisation, financial innovation, and regulatory support have enabled us to solve this problem for the first time. I believe we can not only help mom-and-pop shops, but also facilitate the growth of high-tech, internationally competitive SMEs in Singapore and across Southeast Asia, similar to that of the German Mittelstand model. We believe that “Stronger SMEs, enable Stronger Societies.””

Read more at https://www.asianentrepreneur.org/kelvin-teo-co-founder-and-group-ceo-of-funding-societies/?fbclid=IwAR3oSQlq14-GQUxgVu81kQlvTM3txUwR9wUW3sRAuhJXAmvnwWz-VHlPWWY

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