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The Unexpected Synergy between Banks and FinTech

The Unexpected Synergy between Banks and FinTech

FinTech’s emergence has caused fear in the hearts of some in the financial industry. Writers and analysts often predict that the banking sector will “lose” because of FinTech. Yes, FinTech can be disruptive, but it is not a threat to banking. FinTech fulfills our financial needs with far more ease …

4 Advantages of Crowdfunding and P2P Lending

4 Advantages of Crowdfunding and P2P Lending

Crowdfunding and P2P lending have recently gained popularity as a financing alternative for SMEs and small businesses. Despite the relative newness of both these financing models, it seems they are here to stay. Here are 4 advantages of crowdfunding and P2P lending. 1. Provides easy access to capital The main …

The Myths and Misconceptions about P2P Lending

The Myths and Misconceptions about P2P Lending

Over the past couple of years, peer-to-peer (P2P) lending has become an excellent alternative source of business financing, especially for SMEs and start-ups. With peer-to-peer lending, SMEs and start-ups can secure the funding they need for business development. Not only that, peer-to-peer lending is attractive to investors too, with its …

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Traditional Financial Institutions vs P2P Lending Platforms

Traditional Financial Institutions vs P2P Lending Platforms

Lack of financing is one of the biggest problems most businesses face as financing and working capital are necessary for business growth. Many businesses rely on traditional financial institutions such as banks for further funding, but P2P lending platforms are now changing views on financing. These days, bank loans are …

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A Short Guide to FinTech in Singapore

A Short Guide to FinTech in Singapore

Despite being a relatively new sector, Financial Technology or FinTech continues to gain a foothold in many countries and has become more and more popular. Singapore is not immune to FinTech’s charms and innovations. As an alternative to traditional financial institutions, FinTech can provide efficient and practical solutions for financial …

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Peer-to-Peer Lending: An Alternative SME Financing Source

Peer-to-Peer Lending: An Alternative SME Financing Source

An SME needs working capital to grow bigger. According to a Visa and Deloitte Digital SME Banking Study, about six in 10 small and medium-sized enterprises (SMEs) in Singapore rely on bank loans for financing, leaving the other four in 10 unserved by financial institutions. There is therefore a pressing demand …