Hello! I’m Jin Wen from CoAssets Pte Ltd (“CoAssets”) and would love to give my two cents :) What are the risks you will face on P2P platforms: Every investment comes with their own set of risks. The main risk that comes with P2P lending is the default risk which is defined as the risk of the Investor- Opportunity Provider (“OP”) defaulting on repayments in full or in part. Understanding Default Risk In accordance to Monetary Authority of Singapore (MAS), a non-performing loan (I.e. loan default) occurs when a repayment remains unpaid at least 30 days past the due date. Source: https://www.mas.gov.sg/-/media/MAS/Regulations-and-Financial-Stability/Regulations-Guidance-and-Licensing/Securities-Futures-and-Fund-Management/Regulations-Guidance-and-Licensing/Circulars/CMI-27-2018-Controls-and-Disclosures-to-be-Implemented-by-Licensed-Securities-Based-Crowdfunding-Operators.pdf Default Risk and CoAssets Per MAS calculation, CoAssets Pte Ltd has achieved a default rate of 0% for 2018. Having said that, past performance is not an indicator of any future performance as P2P lending is high risk after all and default is always possible. Mitigating Default Risk Default risks cannot be eliminated. However, CoAssets performs comprehensive due diligence. The purpose of due diligence is to uncover risks (including default risk) and disclose such risks to potential investors. This is to ensure that the investors are equipped with information to make a decision. Risk Assessments performed on OP Just to share with you, CoAssets conducts risk assessment on potential OPs. Risk assessment is not to eliminate risk, but to evaluate and manage risks to ensure that the relevant materials and disclosures can be made to investors to a reasonable extent. Here are the 3 factors that CoAssets uses to assess a deal: 1. Financial Performance Analysis and Macro & Micro Economic Analysis 2. Operational and Compliance Due Diligence a. Anti-money laundering and terrorist financing checks b. Adverse news checks c. Litigation checks 3. Continuous Risk Monitoring & Review Even after the online funding project is successfully funded and disbursed, we may continuously monitor risk factors that are material to the project. CoAssets Pte. Ltd. may collect ongoing financial records or other business documents to evaluate the performance and check if the project is progressing as per proposed by Opportunity Provider (“OP”). Conclusion Overall, it is advisable Investors must do their own due diligence to determine if the products match their investment objectives and risk appetite. If you like to find out more on what risk analysis model P2P platforms like us use to evaluate projects listed on the platform, CoAssets team is hosting 2 educational seminars on the: (1) 26th of November, Tuesday, 7pm-9pm, at Lounge 7; and (2) 5th of December, Thursday, 7pm-9pm, at CoAssets office (OUE Downtown 1). For ease of reference, register your interest here: s.coassets.com/SxX I hope this helps!