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Updated October 2021

Best P2P Lending

Compare and read real user reviews on P2P Lending in Singapore

8 Products Found

    Most Popular
    Most ReviewedHighest RatingA-Z

    15% on interest earned

    INVESTOR FEES

    $1000 per campaign

    MINIMUM INVESTMENT

    2.55%

    DEFAULT RATE (2020)

    User Experience

    4.4

    Portfolio Transparency

    4.4

    Customer Support

    4.3

    Quantity of Deals

    3.9

    Quality of Deals

    4.2
    Roy Tan

    "Investing since May 2019 (updated Oct 2011) Pros: - the thing i like most..." 3w ago

    18% on interest earned

    INVESTOR FEES

    $20 per campaign ($100 initial deposit)

    MINIMUM INVESTMENT

    1.26%

    DEFAULT RATE (2020)

    User Experience

    4.4

    Portfolio Transparency

    4.1

    Customer Support

    4.3

    Quantity of Deals

    3.7

    Quality of Deals

    3.8
    Jon Lye

    "The platform offers easy onboarding process and deposit was fast. Was verified..." 4d ago

    0%

    INVESTOR FEES

    $1000 per campaign

    MINIMUM INVESTMENT

    0%

    DEFAULT RATE (2020)

    User Experience

    4.8

    Portfolio Transparency

    4.3

    Customer Support

    4.9

    Quantity of Deals

    4.2

    Quality of Deals

    4.5
    Foo Chee Yong

    "[UPDATE - 29 Dec 2020] I wish I can give zero or..." 9mth ago

    15% on interest earned

    INVESTOR FEES

    $50 per campaign (initial deposit $500)

    MINIMUM INVESTMENT

    1.60%

    DEFAULT RATE (2020)

    User Experience

    4.7

    Portfolio Transparency

    4.6

    Customer Support

    4.5

    Quantity of Deals

    4.4

    Quality of Deals

    4.4
    Steven Teo

    "The minimum amount is slightly higher. default rate is relatively lower than..." 3mth ago

    20% on interest earned

    INVESTOR FEES

    $1,000 per campaign (initial deposit $1,000)

    MINIMUM INVESTMENT

    0.05%

    DEFAULT RATE (2020)

    A

    "Most of my lending defaulted. Its my first p2p platform that I..." 3mth ago

    20% on interest earned

    INVESTOR FEES

    $100 per campaign

    MINIMUM INVESTMENT

    N/A

    DEFAULT RATE (2020)

    EL

    "Decided to give it a go as an investor, and so far..." 1mth ago

    1% on all repayments

    INVESTOR FEES

    $100 per campaign ($1000 initial deposit)

    MINIMUM INVESTMENT

    0%

    DEFAULT RATE (2020)

    User Experience

    3.2

    Portfolio Transparency

    1.6

    Customer Support

    1.7

    Quantity of Deals

    1.7

    Quality of Deals

    1.0
    Shaun Goh

    "[Debt Recovery] [Lending Experience] Thought I could at least breakeven after a..." 8mth ago

    20% on all repayments

    INVESTOR FEES

    $50,000/portfolio

    MINIMUM INVESTMENT

    4.97%

    DEFAULT RATE (2020)

    NK

    "A good platform with good info to make calculated decisions on financing.. The..." 2mth ago

    Disclaimer: Products with a "Visit Site" button pay to access additional features

    Seedly's Product Comparison Page Listing Guidelines

    For P2P Lending products to be listed on Seedly's Product Comparison Page, they have to fulfil the following criteria:

    • Owns a Capital Markets Service License
    • A platform that provides peer-to-peer loans/financing services to individuals or SMEs through loans/crowdfunding

    What is P2P Lending And Should I Even Invest My Money via P2P Lending Platforms?

    Peer-to-peer (P2P) lending enables individuals or small companies to obtain loans directly from other individuals.

    It's an alternative method of financing which cuts out the middleman (eg. financial institutions like banks) and allows very young companies or SMEs with a brief credit history to crowdfund and raise money.

    A P2P lending platform allows such activities to be carried en masse and allows such individuals or companies to avoid wasting time, spending unnecessarily on financial costs, and overcome the limitations imposed by traditional financial institutions when it comes to seeking funding. These platforms connect borrowers directly to investors and enable such transactions.

    If you're an individual investor who is seeking better returns on your cash savings as compared to what a high-interest savings account can give, you can become a P2P lender and potentially get better returns!

    Naturally, these P2P loans carry an inherent risk too. Since these individuals or companies lack a strong financial record, you'll notice that P2P lending platforms will post a wide range of interest rates based on the creditworthiness of the applicant. Most importantly, as an investor, you'll also want to take note of the defaults rates to make sure that you don't lose your capital (as much as possible, of course... P2P investing is a high-risk investment!).

    P2P Lending Platforms in Singapore 2021

    Currently, these are the few major P2P lending platforms in Singapore:

    BRDGE

    CA Funding

    Capital Match

    Funding Societies

    Minterest

    MoolahSense

    How To Choose the Best P2P Lending Platform as an Investor?

    To help you make a smarter investment decision when it comes to picking the best P2P lending platform, you can always check out the reviews left by real users on SeedlyReviews to find out more about what the user experience is like with the platform, what is the quantity and quality of deals you have access to, how transparent is the portfolio, and how helpful is their customer support!

    These are valuable insights which aren't usually published by the companies or P2P lending platforms but usually gleaned when investors use these platforms firsthand.

    If you need more information like what are the fees involved and what are the default rates like for loans taken out via the P2P lending platform, you can always check out our comprehensive comparison of the various P2P lending platforms in Singapore!

    Got more questions about P2P lending and what are the risks and rewards involved?

    You can always ask the Seedly community!

    Contact us at [email protected] should you require any assistance or spot any inaccuracies.