In June 2020, Funding Societies, a start-up based in Singapore secured 42 million Singapore dollars worth of investments from BRI Ventures, a venture capital bank of an Indonesian bank, Bank BRI. Funding Societies acts as an escrow and helps small and medium enterprises (SME) manage investors' funds.
Investment funds raised by Funding Societies in Singapore in June 2020
(in million Singapore dollars)
According to the source: Tech start-ups are defined as Singapore-incorporated businesses, less than 10 years old and leveraging technology for their business operations.
1 Singapore dollar is equal to 0.75 U.S. dollars and 0.62 euros as of April 2021.
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PwC. (September 30, 2020). Investment funds raised by Funding Societies in Singapore in June 2020 (in million Singapore dollars) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1229553/singapore-investment-funds-raised-by-funding-societies/
PwC. "Investment funds raised by Funding Societies in Singapore in June 2020 (in million Singapore dollars)." Chart. September 30, 2020. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1229553/singapore-investment-funds-raised-by-funding-societies/
PwC. (2020). Investment funds raised by Funding Societies in Singapore in June 2020 (in million Singapore dollars). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1229553/singapore-investment-funds-raised-by-funding-societies/
PwC. "Investment Funds Raised by Funding Societies in Singapore in June 2020 (in Million Singapore Dollars)." Statista, Statista Inc., 30 Sep 2020, https://www.statista.com/statistics/1229553/singapore-investment-funds-raised-by-funding-societies/
PwC, Investment funds raised by Funding Societies in Singapore in June 2020 (in million Singapore dollars) Statista, https://www.statista.com/statistics/1229553/singapore-investment-funds-raised-by-funding-societies/ (last visited November 21, 2024)
Investment funds raised by Funding Societies in Singapore in June 2020 (in million Singapore dollars) [Graph], PwC, September 30, 2020. [Online]. Available: https://www.statista.com/statistics/1229553/singapore-investment-funds-raised-by-funding-societies/
