SME Grants Singapore: The Definitive Guide [2021]

sme grants singapore

Readers can expect to gain a solid understanding of what qualifies as an SME, as well as various grants available locally. In light of COVID-19, pandemic-specific grants will also be explored. Lastly, actionable steps on grant application and means to maximise the chances of a successful application will be discussed. …

How Diversification Can Help to Minimise Risks in Debt Investing

Investment Diversification

One of the largest risks in investing in a debt investment platform like Funding Societies is the risk of a SME defaulting. Portfolio diversification by the means of investing into a good mix of deals on the platform could help investors to minimise this risk. For business term investments, a …

An Overview of Debt Investing in Singapore

An Overview of P2P Lending in Singapore

Debt investing started in the US and UK slightly over a decade ago in 2005, and has since taken the world by storm. Its global value is expected to hit an astounding USD1,000 billion by 2050. In recent years, this form of alternative lending has been experiencing a steady shift …

Funding Societies Review:
5 Years and S$1.4b in SME Financing later

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And our renewed commitment to the local business community in future Let’s review Funding Societies: This month we turn 5 years old! From a wide-eyed newbie who burst onto the lending scene and quickly disbursed our first funded loan in 2015, to an experienced digital financing platform who is now …

Investing into Property-backed Secured Investment

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Debt crowdfunding, commonly known as peer-to-peer (P2P) lending is an investment concept where individuals & institutions together invest in loans to SMEs and earn returns in the form of interests. Launched over 1.5 years ago after Business Term Loan Investment and Invoice Financing Investment, the Property-Backed Secured Investment provides a …

Digital Financing Timely in a Period of Physical Isolation

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The number of COVID-19 cases in Singapore has been on the rise. As of 6 April 2020, there have been over 1,300 cases, with 25 of the patients in critical condition. Singapore’s economy has contracted by 2.2% in Q1 as a result of the virus, with the construction and services …

Singapore’s E-Payment Roadmap

singapore e-payment roadmap

Singapore’s E-payment Roadmap: Electronic payments (e-payments) are a convenient alternative to the use of cash and cheque as payment modes. Not only do they offer consumers like you and I a swift and efficient way to pay, they also help businesses enhance productivity. Cash and cheques cost the economy is …

Drivers of ASEAN’s Fintech Landscape

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According to UOB’s report on the State of Fintech in ASEAN, Singapore takes the lion’s share of fintechs in the region, at 39%. In Singapore alone, fintech investments crossed the billion-dollar mark, a figure that the Monetary Authority of Singapore (MAS) has set for 2019 but has achieved within the …

The 2020 Fintech Landscape in Singapore

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With Singapore fintechs taking 51% of ASEAN funding as of Q3 2019, it comes as no surprise that investors may be keen to learn more about the country’s fintech landscape. Singapore has over 40 innovation labs, more than 500 fintech start ups, SGD500 million in record-high fintech investments in 2018, …

5 Things you need to know about Singapore Budget 2020

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The Singapore Budget 2020 was delivered by Deputy Prime Minister and Minister for Finance, Mr Heng Swee Keat, on 18 February 2020. Here are five things that you need to know. 1. SGD6.4b will be set aside to address COVID-19 Since the the first suspected case of coronavirus in Singapore …