Funding Societies Partners with Orangefield Trust in Singapore

New peer to peer lending platform Funding Societies has inked a partnership with Orangefield Trust to hold funds from lenders.  The collaboration is said to “provide lenders with greater confidence in engaging P2P lending platforms”.
“We have taken steps to ensure there is no mishandling of funds that go through our comprehensive system. Engaging a government-regulated trustee to handle all invested funds will increase the level of transparency that works towards the advantage of all parties in the crowdfunding business model,” said Kelvin Teo, Co-Founder of Funding Societies.