Anonymous
What are the pros and cons of using Funding Societies? Is it a worthwhile investment? What kinds of investors would benefit the most from their services?
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Funding Societies Singapore
04 Nov 2020
Hi there, thank you for your interest in Funding Societies!
To sign up as an investor, it’ll take you less than 5 minutes to create an account here https://fundingsocieties.com/sign-up-investor. You’ll be informed within 3 working days once you’ve passed our standard KYC process.
Then simply deposit SGD 100 to activate your account, and you may start investing into any listed crowdfund with a minimum of SGD 20.
We have a mix of secured and unsecured products to accommodate various risk preferences so we cannot recommend products for you to invest in as it depends on your risk appetite. Higher yield products carry a higher risk, but if you’re a low risk investor you may want to consider our secured products such as Guaranteed Returns Investment (GRI), Guaranteed Property-backed Investment (GPI) and Property-backed Secured Investment (PSI). These carry lower risk because of the guarantee or collateral that comes with them. These 3 products have not had a single default and repayments have been timely for them. Finally, as with all types of investments, it is wise to diversify your portfolio in order to reduce your risk exposure.
If you need further information or have any questions, feel free to start a live chat with us at https://fundingsocieties.com/ or email [email protected]. We look forward to onboarding you, thank you.
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Alex Chua
26 Feb 2020
Seedly student Ambassador 2020/21 at Seedly
I will to the main question.
Worthwhile? This is defined by you based on risk level, your playing l...
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