Investments

How P2P Lending Works In Singapore

BY DEFINITION P2P Lending, short for Peer-to-Peer lending, took off in 2005. It sprung due to many companies’ efforts to deviate from the financial institutions that let them borrow money. Borrowing from banks took about two to three years’ worth of records. And, many companies do not have the luxury of time. Instead, they turn to the Internet for help. P2P websites allowed private people from around the world to lend money to various companies. For instance, you can lend

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Personal Finance

How To Make Money While You Sleep

What is your idea about passive income? For most people, passive income provides an opportunity for freedom and independence. It gives an escape from our 9-5 jobs that occupy most of our week. There are different ways to generate income while you are “sleeping”, here are just some of them: START A BLOG If playing with words comes naturally to you, you may find passion in writing. Establishing your own blog is quick and easy to do. Simply purchase your

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Investments

4 Things You Should Not Do When Investing in P2P Lending (Plus One Thing You Should Do!)

Many investors may find investment in Peer-to-Peer (P2P) lending attractive due to its potential benefits, such as higher returns and shorter tenors. The barrier to entry is also one of the lowest amongst all types of investments, from just $20. Read about the 4 things to expect when you invest in P2P lending and also the 5 reasons to start investing in P2P lending. First-time investors who are not yet familiar with the details of P2P lending may be hesitant

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Investments

4 things to expect when you invest in P2P lending

Peer-to-peer lending, or P2P lending, utilizes technology and big data to connect investors and small and medium-sized enterprises (SMEs) looking for business funding. To investors, it provides them with an opportunity to earn passive income by financing business loans for SMEs. In Southeast Asia, P2P lending has witnessed significant growth in recent years, led predominantly by Singapore. To date, around 60 platforms are currently operating in the online lending and crowdfunding space, which have become an increasingly popular alternative investment

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Investments

Easy Investing into Property backed Secured Crowdfunding

For the newbies, debt crowdfunding is a concept where borrowers (usually SMEs) approach a crowdfunding platform for loans funded by a pool of investors. Investors earn interest, paid by borrowers, as returns on their investment. Investments are open to individuals as well as corporates with a minimum amount going down as low as $50 for smaller loan amounts. Funding Societies, licensed and leading crowdfunding platform in Southeast Asia, backed by SoftBank Ventures Korea and Sequoia Capital, has recently introduced Property

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