New Regulations, Quick Adaptations

Funding Societies

On June 8, MAS announced regulations for lending-based crowdfunding. The news wasn’t a surprise to Funding Societies, as we have always been proactive towards regulations. But it is important that you are aware of the news. In short, lending-based crowdfunding platforms will require licenses – likely in late 2016 or …

My Greatest Takeaways From the 12-week Internship at Funding Societies

Takeaways from internship at Funding Societies

Shin Yiseul, our very first intern at Funding Societies, shares her greatest takeaways from her 12-week internship with us: Everyone dreams of finding a job they love. Like many other undergraduates, I spent several summer breaks in various internships, letting each experience guide me in discovering my passion. This phase …

Funding Societies Adopts International Code of Conduct for Self-regulation

signatory of the Small Business Borrowers' Bill of Rights

With innovative financing methods such as Peer-to-Peer (P2P) lending on the rise, it is essential to do so with responsible practices. This is why, Funding Societies is proud to join other world-class P2P lenders such as Funding Circle and Lending Club as a signatory of the Small Business Borrowers’ Bill …

3 Reasons Why Peer-To-Peer Lending Should Be In Your Portfolio

Why Peer-To-Peer Lending Should Be In Your Portfolio

Peer-to-Peer (P2P) lending is a fixed-income instrument. The concept of how it works is that individuals lend money to Small & Medium Enterprises (SMEs). It is somewhat like crowdfunding, where people pool money to give it to a company that they want to support. However for P2P lending, they lend …

Funding Societies’ Commitment to the Safe Handling of Funds

peer-to-peer (P2P) lending firm, Ezubao

By now, you would have most likely heard about the events unfolding in China regarding peer-to-peer (P2P) lending firm, Ezubao. After months of speculation and weeks of police investigations, Chinese state media reported that, there is “substantial evidence online peer-to-peer broker Ezubao cheated about 900K investors out of more than …

Top 7 New Year Resolutions for 2016

Top 7 new year resolutions from Funding Societies

As we make our way into the second weekend of 2016, reflections of 2015 occurred among us with a resolve to excel further. What do we want to aim for this year, what have we learned in the past?  In our typical crowdsourcing fashion, our team at Funding Societies collated …

Interview with Kelvin Teo and Reynold Wijaya, Founders of Funding Societies

Kelvin Teo and Reynold Wijaya, Founders of Funding Societies

What is Funding Societies about? Funding Societies is a peer-to-peer (P2P) lending marketplace for small-medium enterprises (SMEs) to get loans to grow and investors to get good returns in Singapore. We pride ourselves on innovation, as the first and only platform in the region to implement escrow service, e-contracting, webinar, internet …

The Most Overlooked Principle of Investment in a Weak Economy

The Most Overlooked Principle of Investment in a Weak Economy

In my years as a consultant, I have advised and been mentored by many brilliant individuals including the CEO of major corporations and household names. Risk / return ratio was always the centerpiece of major decisions. While regulators and financial institutions are taking up more responsibility in the post-crisis world with Dodd-Frank and …

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 …

5 Signs You Should Invest in Business Productivity

5 Signs You Should Invest in Business Productivity

Most business owners would agree that business productivity bridges the gap between investment and return. Business productivity tools enable business owners to do things better so that their business can produce more, create more and deliver more at lesser the time and cost. As a business owner, investing in business …