Best P2P Crowdfunding Platforms for Investors in Singapore 2024

Funding Societies' platform is a leader when it comes to investing in SME loans and invoice financing. The platform boasts the best track record with great returns and low default rates. For instance, its all-time default rate of about 1.29% is closer to those of high quality commercial banks than those of P2P lenders, which are typically considered to be riskier. Not only that, Funding Societies launched secured & guaranteed property-backed investment products in 2020 to provide additional level of security for investors during uncertain times. Funding Societies has also closed the most deals in Singapore of all debt investment platforms, meaning investors will find the biggest pool of investments to choose from.

Furthermore, Funding Societies is unique in that its founders and employees invest in the same opportunities as investors, which aligns their incentives with retail investors and ensures their investment portfolio is closely filtered. Finally, Funding Societies' is accessible to all types of investors given that its minimum investment requirements are lower than almost all other platforms.

Minterest stands out as a great, low-fee crowdfunding platform for investors in Singapore. The platform, which specializes in short-term investments, charges a low investor fee than many of its competitors (15% of interest earned). Minterest also has attractive opportunities, with a default rate of 1.62% in 2021 and 88% of its deals funded within 1 day.

In addition to invoice financing and business term loan investment opportunities, Funding Societies gives individuals to invest in property secured financing. These loans, which are backed by residential, industrial or commercial property, come with interest rates of 4-8% p.a, tenures up to 12 months, and financing up to S$4 million. While there are risks associated with any investment, secured loans do offer recourse for recovery of invested funds, in the event of default. Some of the investments are even guaranteed by Funding Societies's sister company FS Capital to provide an additional layer of safety for investors in exchange for slightly lower returns and longer time commitments.

FundedHere allows investors to invest in equities of early-stage startups or in debt of publicly listed companies. For as little as S$5,000, investors have the rare opportunity to purchase equity in early-stage startups. The platform also requires startups to meet revenue and operational requirements, which gives investors a stronger set of investment options.

Finally, FundedHere's ListCoBond allows investors to invest in bonds for publicly listed companies on the Singapore Exchange (SGX) without brokerage fees.

Fundnel allows investors to invest in a curated set of startups, ranging from early to late stage, via Equity, Convertible Bonds, Revenue Sharing, or Bond/Debt Structure. Fundnel subjects startups seeking financing to a highly selective application process; only 10% of applicants are accepted and only 3% receive funding. This gives investors a pool of competitive businesses to consider. Fundnel has raised over USD $6.15 billion.