Do you feel happy, confident of your investment selections, able to sleep soundly at night? If you’re, then continue doing it. It’s decent. Investment results are good. Investment results achieved by amount of corresponding amount of risk taken needs to be the conversation in this community. The community can’t quantify risk as easily as investment returns thus it naturally leads to an over fixation on purely returns. Risk comes from not knowing what I’m investing. Thank you for taking your time to read.

Hi! I've been using FundSoc for about a year now, my thoughts: 1. I had 0 prior experience in any sort of investments, stocks, or P2P platform before going in. I found the platform very intuitive and easy to use. The customer service is quick and responsive, I accidentally 'invested' too much in a loan before and requested for the money to be taken out (the loan was not closed yet) and they did it for me very quickly. Everything can be done on the app which is what I do, and everything can be tracked easily. 2. They have different types of loans for you to choose from, ie Secured (property backed), Term Financing, Revolving Facility but for me personally the most 'low risk' is invoice-backed loans (which means that business already has a proof of invoice and money coming in when project is completed but need the funds right now to run the project). 3. Entry is low. While you have to top up $1k in the account initially, the minimum is $20 to back each project. Most projects have a maximum amount you can invest too so really good deals might only allow you to invest $20 max. For 'good deals' they are funded really quickly. ie, if the deal goes live at 2pm, I kinda have to be on standby at that time to fund it if the auto-invest bot didn't manage to get me a spot. Good deals can get snagged within 1-3mins. I know, its crazy. But there are also what I call shady deals. Anything that's above 10% I find quite shady - usually very high risk so invest at your own risk. 4. They have about 6-10 loans a day which I find is sufficient. They used to have only about 1-3 a day when they first started but they have increased it a lot recently. 5. It is up to you to read each factsheet and see if they are a business you want to back. I find it quite comprehensive so even though they don't reveal company name I do find the information sufficient. 6. As long as you diversify across many loans, you should be OK if the company defaults. I have not personally got a defaulted loan before but I do know of a friend that has a loan that defaulted. He did mention that FundSoc had a lot of updates in emails to notify investors of the current status in trying to retrieve the money. Ultimately, he did not manage to get his capital back unfortunately but he only invested $20 in that loan so it wasn't really a huge loss. Definitely the advice is to spread your money across multiple loans. For me personally I have my money spreaded across 43 loans. 7. They have an auto-invest bot which allows you to set the parameters and will help you automatically allocate for certain loans that meet your criteria. For the more secure loans like invoice backed ones I would allocate more money myself beyond what the bot allocates for me. This is actually what I liked most about the platform. There are months that I can go without checking the app and the bot is actively re-investing my money for me. 8. I like the loan terms. I've tried another platform called seedin, how their loans usually work is that, say you loan $1k over 5 months for 5% interest - You get 1% interest for 5 months and your 1k back at the end of the 5 months. How fundsoc loans usually work is, say you loan $1k over 5 months for 5% interest - You get $200+1% back every month for 5 months. This allows you to reinvest the initial capital into other loans. Of course not every loan is this way but most of them are. 9. FundSoc has recently added a calculator for each loan too so you can see you how much you will earn per loan for the amount you are backing. Hope this helps!

Hi. You can sign up using my referral link: https://fundingsocieties.com/sign-up-investor?referral=jh1ocwi0 Thank you.

I guess you should look at how much you are willing to risk for the return (high risk high return) aka, your risk appetite. You can try to look at the financial report of the company provided as well to understand if they are strong financially.

Margins are compressing due to competition. The platforms need to be innovative in terms of origination of assets (see Capital Match’s merger with procurement platform, Sesami). But ultimately, Singapore will be too small a market and overseas expansion is the only card to then play...or become a digital bank for SMEs

Hey there! This is Yingying from Funding Societies. Unfortunately we have regulatory constraints to openly share referral codes :( Do still sign up with Funding Societies though! We have promotions which are exclusive to our investors on a regular basis.

Here are some of my thoughts : 1.your minimum sum invested is too small. You can set a higher amount. Or you can try your luck when the loans are listed to put in more. 2 recently, most loans listed are small with maximum of $20-50. Remember you are not the only investors. 3. There is simply too little supply of loans requested by borrowers. You can help recommend your business partners if they need debt financing. So more supply of loans is issued 4. There is a consolidation of loans in views of unfortunate spike in defaults in Q2 2019 faced by p2p and banks 5. There may be a lot of rejection towards borrowers by the platform itself because some borrowers simply have poor cash management. I would like to thank funding societies for the due diligence. Dear borrowers, please help yourself first (understand your business and financial health) before seeking help from others. P. S I am shock to see that u have invested 23k into funding societies alone. Such a large sum. How I wish I have such an amount. I can do a lot of things with it. Lol Advice :maybe it is time to divest and spread your risk. Look into other platforms not just locally but also globally. You could fb msg me for advice or you can go to crowdfundtalks.com to seek advice

What i am very sure is that funding societies is not 0% default rate. I have invested over 150 campaigns with them. currently I have 7 loans defaulted, and no regular update from funding societies on how they are recovering the funds. FYI, my portfolio is in red.

Here are my 2-cents thoughts. As much as p2p is a tech driven fintech, it is still a service industry nevertheless. To me, whatever technology features such as auto-invest will soon be commonly used by the platforms. Without them, they will lose an edge. So you could start by asking yourself what would you like to have as an investor or a borrower. For a borrower, would be probably necessary financial advice so that they will get sufficient funds. Etc. For an investor, you want as lower risk loan as possible. Is there a sufficient supply of loans? Which platform provides a better investing experience? the extensiveness of platform providing the loans. How receptive are the platform to feedback and their responsiveness in changes? Having a good customer base, along with a good support team could improve your rewards and user experience. Furthermore, having 0% default rate is ideal. However, is your funds put into desirable rewards investment? This also questions the response of the platform in a situation of defaults. In choosing the platform, ask yourself what gives you a better piece of mind. Is it within your risk-reward? Which loan product do you prefer? (there is some difference in loans offered among the platform) what is your ability? (your fund size and risk tolerance ). You should also filter the reviews and forums of the platform. Remember this is a service industry. In my opinion, a good service, or user experience should be the main factors in choosing the platform. A good service attracts more borrowers and in turn attracts more investors. A good service is what drives the platform to innovate and constant improve themselves. Do your due diligence. Feel free to Facebook msg me if you have any queries.

I'm Cassandra, the community specialist from CoAssets. Allow me to give you the objective view of my findings. All calculations except for Capital Match are according to MAS's standards. Rate of returns per annum in 2018, ranked according to weighted average returns) 1. Minterest: 3.5-24% (Weighted ave: 12.95%) 2. CoAssets: 9-10% (Weighted Ave: 9.91%) 3. Moolahsense 5.90%-16.82% (Weighted Ave: 9.9%) 4. Funding Societies: 6.51-17.79% (Weighted Ave: 9.32%) 5. SeedIn: 7-20% (Weighted Ave: 8.33%) 6. Capital Match: 15-20% APR (Weighted Ave: unknown) Default rates (measured as non-performing loan rate beyond 30days) in 2018, ranked in descending order 1. Moolahsense: 14.82% 2. Minterest: 0.59% 3. Funding Societies: 0.47% 4. SeedIn: 0.32% 5. Capital Match: 0.20% 6. CoAssets: 0.00% Note that stats are according to internal standards and not MAS's criteria. Even after 90 days, Capital Match does not classify it as a default, unless the company is in the windup, has undergoing lawsuits, or the director(s) declare bankruptcy. Furthermore, Capital Match does not have an updated statistic based on 2018; thus this internally calculated rate is for 2017. In summary, the services these platforms provide are similar. All these platforms provide opportunities for retail investors to invest in a variety of projects. The difference is that CoAssets is the only listed online funding platform which means that they're obliged to give transparent performance updates twice a year. Their rate of returns, default rates and profits are under the scrutiny of the Australian exchange and the public, bare for all to see. As for the rest, the data provided above was based on the information provided on their website. Another factor to consider is hidden costs like service fees or surcharges within the rate of returns. For CoAssets specifically, the investors get the full interest back. For others, for example, the interest rate may be 20% but they may charge a 1% service fee resulting in an actual return of 19% only. I'm open to discussing any of the mentioned points should someone else's findings be different. I hope this helps. References: MAS guidelines: http://www.mas.gov.sg//media/MAS/Regulations%20and%20Financial%20Stability/Regulations%20Guidance%20and%20Licensing/Securities%20Futures%20and%20Fund%20Management/Regulations%20Guidance%20and%20Licensing/Circulars/CMI%2027%202018%20Controls%20and%20Disclosures%20to%20be%20Implemented%20by%20Licensed%20Securities%20Based%20Crowdfunding%20Operators.pdf Moolahsense: https://www.moolahsense.com/statistics/ Minterest: https://www.minterest.sg/statistics Funding Societies:https://fundingsocieties.com/ SeedIn: https://sg.seedin.tech/statistics CoAssets: https://coassets.com/asx/about/ Capital Match: https://lending.capital-match.com/statistics.html