Crowdfunding in Singapore: What You Should Know Before Investing

Crowdfunding is a refreshing concept of getting funds from numerous individuals who each contribute a small sum for a certain project, venture or cause. Asia became the second largest crowdfunding region ahead of Europe with an astounding 320% growth in terms of crowdfunding volume. A considerable portion of crowdfunding platforms in Singapore are centered towards debt-based P2P lending for Small and Medium Enterprise (SMEs) to fund their operations. To sum up, characteristics for investing in crowdfunding could include: (1) Excellent Returns, (2) Social Cause, (3) Small Minimum Amount. It is a good opportunity for investors in Asia to explore new options for investment.

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