Join 200k Investors in SEA to Invest with this Award Winning Investment Platform and Get $20 Cashback

Peer-to-Peer or more commonly known as P2P lending started in the US and UK in 2005, and has since taken the world by storm. Back home in Singapore, P2P lending contributed to approximately USD 207 million in financing offered to businesses here in 2020. Investors on P2P lending platforms can participate in these financing and earn returns in the form of interests.  Take for example Funding Societies, a popular P2P investment platform amongst Singaporean investors. It is currently licensed in

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Investments

A Singaporean’s Guide to P2P investments with Funding Societies & S$20 cashback up for grabs

What is P2P investment? P2P investments or more commonly known as Peer-to-Peer (P2P) lending is a type of debt-based crowdfunding enabled by digital platforms that connect borrowers with investors without going through a traditional financial intermediary such as a bank. This concept will see investors lending to borrowers (i.e. SMEs) via the platform as a form of investment, and the interest earned from it will be their returns. Despite being a relatively new concept in Singapore, it has grown significantly

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Investments

Get $20 Cashback and Guaranteed Returns on your Investments

What are Guaranteed Returns on Investments Have some idle money sitting around and hoping to invest and secure a rate of return that is higher than your usual bank interest rates? Well don’t we all? Every investment comes with different levels of risk. A guaranteed return on your investments simply means that you are promised, with some levels of certainty, that you will receive a return on your investment in any circumstances. To learn more about guaranteed returns investments, let’s

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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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