Investing in a Post-US Election World

Prior to US Election Day 2016, most polls had projected a Hillary Clinton victory. So to say that the eventual result was unexpected seems fair. The shock impacted the markets even before the official winner was declared. As Donald Trump’s victory became more and more assured, gold prices soared; the metal is generally seen as a safe asset and a …

8 Steps to Creating a Smart Financial Plan

An illuminating Straits Times article published early this year revealed the results of a poll conducted by the Financial Planning Association of Singapore (FPAS). Some unexpected and uncomfortable finds were disclosed. Only a third of Singaporeans had a comprehensive financial plan. Only 11% felt knowledgeable about financial matters. Most felt that financial planning is too confusing, too complicated. However, the …

How Crowdfunding Is Making the World a Better Place

Let us begin by telling you a tale. Once upon a time, in the not-so-distant past (2008, to be precise), a young writer started a crowdfunding experiment called The Omikuji Project. She needed earnings to supplement her household income between novels and wanted to thank those supporting her budding career. So each month, she wrote a new story for paying …

Default Rates in Peer-to-Peer Lending Platforms

To paraphrase Crowdfund Insider’s “The Ultimate Crowdfunding Guide,” with peer-to-peer lending, the risk an investor accepts is default. Every P2P platform has its own policy on default, and all investors need to take the time to understand these policies in order to protect themselves. Because every P2P platform has its own default policy, and because the P2P business model is …

How P2P (Peer-to-peer) Financing Can Help Malaysian SMEs

Despite their critical role in the economy, Malaysian SMEs face a major challenge in getting the financing they need to support their growth: Almost 50% of Malaysian SMEs are either unserved or underserved by banks and financial institutions. Access to working capital and business financing ranks as the number one need for Malaysian SMEs – no matter how capable or …

Funding Gap: SMEs in Malaysia

According to a Deloitte study analyzing SME access to financing, there is still a large segment of underserved and unbanked businesses in Southeast Asia. Malaysia, in particular, faces this very predicament: 38% of Malaysian SMEs are unserved or underserved by banks and financial institutions.   The situation is unfortunate as SMEs contribute tremendously to the society, in more ways than …

8 Things to Ask Yourself Before Applying for a Business Loan

These days, there are several resources available for business loans. But while the options exist, receiving funding is never easy – especially if you are part of a small business. Then there’s the evaluation bit. Lenders review your application thoroughly before they can deem you worthy and disburse the necessary funds. (For more information on the loan evaluation process, see …

UK P2P Finance Association Releases Major Research on Economics of Peer to Peer Lending

The UK Peer to Peer Finance Association (P2PFA) has released a commissioned study on the economics of the peer to peer lending market in the UK.  The independent assessment, provided by the economic consulting firm of Oxera, analysed the risks, costs and benefits of peer-to-peer lending and provided an objective account of how P2P business models work. The study focused …

Choosing the Right Crowdfunding Product

Interested in raising capital through crowdfunding? We’re not surprised. After all, crowdfunding comes with some pretty sweet advantages. The crowdfunding process is cheap, quick, easy – often entirely online. Because crowdfunding requires no collateral, it is a great alternative to traditional funding such as secured loans. As we discussed in our last article, there are three major forms of crowdfunding: …

PAYDAY! (SaaS)

PayDay! Software-as-a-Service (SaaS) is an easy to use and 100% compliant cloud payroll solution uniquely designed for Singapore SMEs or new business owners who have little or no experience handling payroll. All Funding Societies' clients enjoy 3 months free usage of Cloud Payroll Solution – PayDay! SaaS. Why use PayDay! SaaS?• No payroll knowledge required. Run payroll in 3 easy …