p2p lending

P2P lending: A case for borrowing to grow

SMALL and medium-sized enterprises (SMEs) are important to the economy. In Singapore, SMEs account for 69 per cent of employment and 49 per cent of the economy.

P2P lending platform Funding Societies crosses S$1b in SME lending

PEER-to-peer (P2P) lending platform Funding Societies said on Wednesday it has given out more than S$1 billion in loans to small and medium...

P2P lending platform Validus expands into Vietnam

VALIDUS Capital, a P2P (peer-to-peer) lending platform for small and medium-sized enterprises (SMEs), has expanded into Vietnam as its third South...

Crowdfunding firm sold S$6.9m sham invoices

A S$7 MILLION hit on a Singapore crowdfunding site may serve as a timely cautionary tale to the nascent industry of the high risks that can come with fast growth.

P2P lender Funding Societies nets US$25m Series B funding led by Softbank Ventures Korea

PEER-TO-PEER (P2P) lending platform Funding Societies announced on Wednesday that it has raised U$25 million in Series B funding in a round led by Softbank Ventures Korea, a venture capital arm of...

Three Singapore startups raise millions in funding

THE funding game is strong for Singapore-based startups this week. Peer-to-peer lending site Capital Match scored Series B funding led by Eduardo Saverin's B Capital Group, while fintech group tryb...

Funding Societies hits S$100m in crowdfunded loans for SMEs

FUNDING Societies, a Singapore-based peer-to-peer (p2p) lending platform, has cracked the S$100-million mark in total crowdfunded loans for SMEs (small and medium enterprises) across Singapore,...