MoolahSense P2P Lending
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MoolahSense P2P Lending
1% on all repayments
INVESTOR FEES
$100 per campaign ($1000 initial deposit)
MINIMUM INVESTMENT
13.64%
DEFAULT RATE (2019)
MoolahSense P2P Lending
1% on all repayments
INVESTOR FEES
$100 per campaign ($1000 initial deposit)
MINIMUM INVESTMENT
13.64%
DEFAULT RATE (2019)
Details
MoolahSense is a digital, crowdfunding platform which connects businesses and investors looking to invest in Singapore SMEs. The platform is regulated by the Monetary Authority of Singapore (MAS) and they have been issued with a Capital Markets Services License on 11 November 2016.
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No Question Found.
MoolahSense was started in 2014 by the ex-Vice President of Macquarie Capital, Lawrence Yong.
As of February 2019, the platform has more than 15,000 registered investors, completed more than 800 campaigns, and raised a total of S$75.38 million in funding.
MoolahSense gives out loans in form of Business Term Loans and Invoice Financing.
MoolahSense access lenders based on the nature and outlook of the industry they operate in, the strength of their financials and overall business model as well as the background and character of its Directors.
Funds for MoolahSense are held separately with OCBC.
The minimum investment for Funding Societies is at S$1,000. The minimum investment for each campaign is S$100.
Tel: +65 6871 8780
Capital Market Services License (CMS-100568-1) from the Monetary Authority of Singapore