P2P lending platform was conceived in Boston but born in Singapore

It has crowdfunded 35 SMEs in just 100 days since launched.

As Singapore continues to pursue its vision to be a Smart Nation, financial technology startups are rushing to revolutionise the industry. P2P lending, a proven model in US, Europe and Australia and serving as a form of alternative financing to SMEs and alternative investment to retail investors, is gradually being introduced to Singapore. One of which is Funding Societies, a P2P lending platform for SMEs to secure loans for growth, and crowdfunded by retail investors.