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).