Kelvin Teo is the co-founder and Group CEO of Funding Societies | Modalku. Having studied at Havard (HBS) and being in the presence of many brilliant minds, HBS made him believe that he can “make a difference”. Kelvin met his classmate and co-founder Reynold Wijay and they shared a common dream of wanting to pay forward to society. They had an interest in helping other underdogs and making a positive impact in Southeast Asia. Hence, they started Funding Societies.
Having founded the Fintech company in 2015, Kelvin has led the company with the vision to empower SMEs in Southeast Asia via short-term lending and payments solutions. To date, the company has disbursed over US$3 billion with more than 5 million transactions of business financing to SMEs across the region.
As one of the Top 200 FinTech Influencers in Asia, Kelvin has spoken at major conferences such as Money20/20, Seamless Asia, and the Singapore Fintech Festival. He has been a key member of the Singapore FinTech Association’s Digital Finance Subcomm since 2018 and named by the association as among the Top 12 Fintech Leaders in Singapore in 2020.
Prior to this, Kelvin held Senior Business Analytics positions at major consulting firms such as McKinsey, Accenture and KKR where he worked directly with C-level executives to develop and implement corporate and operations strategy at leading companies in Southeast Asia. He brings a very varied experience not only in financial services but also in energy, media, telecoms and the healthcare industry.
Kelvin graduated with a Master of Business Administration from Harvard Business School and a Bachelor of Business Administration (Accounting) from the National University of Singapore. He is also a certified Chartered Accountant by the Institute of Singapore Chartered Accountants (ISCA).
Singapore EXPO, Hall 3
Open
This is an invite-only event to commemorate the establishment of SMBC Group's first corporate venture capital "SMBC Asia Rising Fund”. Together with our startup, CEO, and VC partners, SMBC Group executives will join multi-franchised partners to discuss how we have grown in Southeast Asia and India by collaborating with startups.
Hall 5, Singapore EXPO
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FinTech funding in ASEAN tumbled to a three-year low in 2023, with investors pulling back amidst higher interest rates. However, Green Tech funding stood resilient as sustainable investments and climate issues took the spotlight. In our latest report launch, gather insights on funding trends and adoption of Green FinTechs in the region and hear from industry leaders the opportunities and challenges for Green FinTechs and companies using them to support their sustainability transition.
Hall 4, Singapore EXPO
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Hall 5, Singapore EXPO
Open
The UNDP and MAS are articulating a set of basic Environmental, Social and Governance (ESG) metrics for common adoption by MSMEs worldwide, and working with GLEIF to develop technological capabilities for MSMEs to generate a unique Legal Entity Identifier (LEI), generate digital credentials against these common metrics, and support access by MSMEs’ business and financing partners to these credentials via the global open source LEI index. This project, titled Savannah, aims to uplift MSMEs’ ability to access the proliferation of green finance and supply chain opportunities in today’s global economy.
Can Savannah unlock transformative impacts for local MSME communities, especially those in emerging markets? How can we maximise the value of these digital ESG ‘passports’ to the MSMEs? Can projects like Savannah fundamentally change the way larger entities, such as banks and supply chain conglomerates, engage with MSMEs in their business dealings? And how can governments work with larger industry players to strengthen the incentives, financial or otherwise, to drive greater adoption of these digital public goods? We discuss these and more.
The Festival
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