3 things SMEs need to know about Virtual Credit Cards

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Virtual Credit Cards for businesses have been on the rise globally. Accenture projects virtual card spend to grow to US$355 billion by 2022, up from US$136 billion in 2017, marking a 21% compound annual growth rate (CAGR). Further to that, Juniper Research found that business-to-business (B2B) virtual cards will account …

How Much Should You Pay For A Home Renovation In Singapore?

How Much Should You Pay For A Home Renovation In Singapore?

With the high levels of home ownership, undertaking a home renovation is a rite of passage for most Singaporeans. In fact, there’s a high chance home renovation will rank among the top 5 expenditures in your lifetime. So how much should you expect to spend on your home renovation? What …

10 things to do in Singapore with just $20

10 things to do in Singapore with just $20

Running out of things to do in Singapore? About three-quarters of adult Singaporeans, or 2.2 million people, have not used their SingapoRediscovers vouchers which expires on 31st December. Here are 10 cheap things that you can do in Singapore with $20 or under, many of which are redeemable with the …

How Much Do You Need To Buy Your First Home In Singapore?

How Much Do You Need To Buy Your First Home In Singapore?

We’ve simplified the 2021 prices for a BTO flat, Resale flat, Executive Condominium, and Private Condominium in Singapore. If you’ve been thinking about buying a flat in Singapore, you might have felt confused and overwhelmed about the fees and costs involved. In this article, we get down to brass tacks. …

5 Personal Finance Tips for Fresh Graduates

5 Personal Finance Tips for Fresh Graduates

Congratulations on becoming a citizen of the world (and jumping headfast into personal finance for adulthood)! After countless nights of hitting the books and the library becoming your second home, you have finally graduated from the journey of formal education. We don’t mean to burst your bubble but here is …

Debunking 5 Common Myths About Credit Cards

Debunking 5 Common Myths About Credit Cards

Have you heard those around you saying “you only need one credit card” or “a card with an annual fee is expensive”? If you find yourself agreeing with any of these statements, you may be falling into the trap of common credit card misconceptions.  When used responsibly, credit cards help …

Funding Societies Investor Survey Summary 2020

Funding Societies Investor Survey Summary 2020

Investors are the backbone of our business – without you Funding Societies would not be possible. Despite a trying 2020, we had a group of supportive investors who believed in us and what we do. At the start of the year, we surveyed these investors to find out sentiments on …

What is the Future of Finance for Medium-sized Enterprises?

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70% of leaders in financial services said that the speed of change in technology was concerning. The time needed to go from breakthrough technology to mass market application, in particular, is decreasing rapidly. The telephone that we all take for granted today took about 75 years for half the population …

4 FinTech Trends to watch out for in 2021

FS Blog Post 29 Mar 1

Introduction COVID-19 has disrupted businesses everywhere. Many industries are feeling the pinch from the pandemic, with tourism and aviation taking the hardest hit. But the e-commerce market is an exception; digital sales rode on the pandemic boom. According to the South China Morning Post, the e-commerce sector in Southeast Asia …

FinTechs must invest in cyber security early, here’s why.

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In Singapore, Asia’s number one Fintech city, 66% of Fintechs saw an increase in demand for their products and services during COVID-19, with 40% believing that this increase will sustain over a long period. This optimism is, ironically, brought forth by the pandemic, which created an environment that forced the …