SINGAPORE, June 26, 2018 – Fund Singapore Pte. Ltd., an MAS regulated financial institution, is Singapore’s premier equity and lending-based crowdfunding platform. This month, they unveiled their new management office at Bank of Singapore Centre and onboarding of their new Chief Innovation Officer, Matthias Yeo. Mr. Yeo joined Fund Singapore from his last position as CTO of Symantec (APAC). The new developments were driven in response to growing interest and demand of retail investors in crowdfunding private equity and venture capital investments. The management office will also house new executive hires that will work to solidify the brand’s capacity in the region.
Fund Singapore hand-selects an average of 25 promising companies to back, out of over 600 business plans it received in yearly, after stringent due diligence is conducted by its in-house investment team. The average amount being crowdfunded per campaign is S$1,500,000.
Fund Singapore has recently rolled out a revamped version of their website that houses its crowdfunding platform and is significantly more secured than previous versions. To facilitate usability of its investment platform, Fund Singapore has established a strategic agreement with Development Bank of Singapore (DBS) and Network for Electronic Transfers (NETS) that allows the respective payment gateways to be utilised on the platform. This enables Fund Singapore’s investors to choose from a variety of payment options – cheque, eNETS, DBS iBanking Bill Payment – to utilise when selecting campaigns that best align with their investment goals.
About Fund Singapore:
Fund Singapore is Singapore’s premier equity and debt-based crowdfunding platform, with a mission to channel funds effectively between investors and innovative companies that are in need of capital for growth. To date, we are uniquely positioned to offer both equity and debt securities to institutional, accredited and retail investors because we hold the Capital Market Services (CMS) license issued by the Monetary Authority of Singapore (MAS).
Fund Singapore adopts stringent measures to be one of the most secured platforms in Singapore. With technological innovation forming the cornerstone of what we do, Fund Singapore is able to augment the financial services industry by marrying funds more effectively between investors and local credit-worthy companies.
For more information on what we do, or to register as an investor – visit www.fundsingapore.com.sg/
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