Best P2P Lending in Singapore 2020 - Seedly
Seedly logo
Seedly logo
 
UPDATED JANUARY 2020

Best P2P Lending

Compare and read real user reviews on P2P Lending in Singapore

6 Products Found

Most Reviewed

  • Most Reviewed
  • Highest Rating
  • A-Z
Most ReviewedHighest RatingA-Z
  • SeedIn
    SeedIn
    4.8
    116 Reviews
    15% on interest earned
    INVESTOR FEES
    $1000 per campaign
    MINIMUM INVESTMENT
    1%
    DEFAULT RATE (2019 Q2)
    Ong Lay Yoong

    "Registration is very easy on this platform. The customer support response is prompt. Looking..." 3h ago

  • Funding Societies
    Funding Societies
    4.3
    80 Reviews
    18% on interest earned
    INVESTOR FEES
    $20 per campaign ($500 initial deposit)
    MINIMUM INVESTMENT
    1.20%
    DEFAULT RATE (2019 Q2)

    User Experience

    4.7

    Portfolio Transparency

    4.4

    Customer Support

    4.7

    Quantity of Deals

    4.1

    Quality of Deals

    4.1
    M

    "[Lending Experience] Good first experience with P2P Lending. App is easy to use...." 1d ago

  • CoAssets
    CoAssets
    4.8
    62 Reviews
    0%
    INVESTOR FEES
    $1000 per campaign
    MINIMUM INVESTMENT
    0%
    DEFAULT RATE (2019 Q2)

    User Experience

    4.8

    Portfolio Transparency

    4.4

    Customer Support

    4.9

    Quantity of Deals

    4.3

    Quality of Deals

    4.7
    Aller Tan SZ

    "I have just started using CoAssets and was previously on another investment..." 1w ago

  • MoolahSense
    MoolahSense
    1.4
    24 Reviews
    1% on all repayments
    INVESTOR FEES
    $100 per campaign ($1000 initial deposit)
    MINIMUM INVESTMENT
    13.64%
    DEFAULT RATE (2019 Q2)
    S

    "MoolahSense is an unethical company that must be avoided. Consider yourself extremely..." 2w ago

  • Minterest
    Minterest
    4.5
    18 Reviews
    15% on interest earned
    INVESTOR FEES
    $50 per campaign (initial deposit $1,000)
    MINIMUM INVESTMENT
    0.68%
    DEFAULT RATE (2019 Q2)
    Nicholas Teoh Wei Ming

    "Minterest is the third crowdfunding platform I have signed on to and..." 4mth ago

  • Capital Match
    Capital Match
    3.0
    9 Reviews
    20% on interest earned
    INVESTOR FEES
    $1,000 per campaign (initial deposit $1,000)
    MINIMUM INVESTMENT
    <5%
    DEFAULT RATE (2019 Q2)
    Arnout Hemel

    "In general their system works, but I get the feeling they are..." 1w ago

What is a P2P Lending Platform?

P2P Lending Platforms crowd funds and raise money from a large number of investors.

As a young company or an SME with very brief credit history and possibly lacking in a strong financial record. The traditional method of obtaining an SME loan from the banks become extremely difficult.

With P2P Lending Platforms, they allows companies to avoid the time burden, financial costs, and other limitations of traditional financial institutions when in need of fundings.

As investors, we can invest in these crowdfunding platforms to earn an interest from the loans we dispatched to these SME companies.

P2P Lending Platforms in Singapore

Currently there are a few major P2P Lending Platforms in Singapore.

They are mainly:

  • Funding Societies
  • MoolahSense
  • Capital Match
  • Co Assets
  • Minterest
  • SeedIn

Tools to help you choose the best P2P lending platform for you

To help Singaporeans make smarter personal finance decision, here are some tools to help you:

One can read up our comparison article on all the P2P lending platforms here:

If there are still questions after reading Real User Reviews on the P2P Lending Platforms or ask the community at Seedly QnA.