Get It Right - Iskandar

More bad press for the Singapore Crowdfunding scene. I've always shared that it is important to work with credible platforms and if you choose to work with a start-up, you need to ask yourself - what sort of financial muscles do they have to help lenders when things go awry?

We know user confidence is important, hence that was why we got ourselves listed in Australia. Incidentally, CoAssets is the ONLY listed Crowdfunding platform in the region. Ultimately, for the benefit of the affected lenders, I hope this issue will be resolved soon.

http://letscrowdsmarter.com/patience-rupinis-running/

Patience for Rupini's is running out! Rupini’s is really testing the patience of p2p lenders. Its loan has been repeatedly restructured and yet it cannot keep up with the repayment schedule. Things are not working and lenders do not trust Rupini’s management anymore. What’s the best way forward? Restructuring? Tried several times and fa

On 8th of July, CoAssets held its annual EPIC event at Singapore Marriott Tang Plaza Hotel.

CoAssets Successfully Organised Third EPIC Event in Singapore, Announcing Plans to Stage... Homegrown crowdfunding company CoAssets Ltd successfully organised its third annual instalment of the EPIC event in Singapore, on 8 July 2016 at the Marriott Tang Plaza Hotel.

A BIG thank you to EVERYONE for making a successful one and making it such a worthwhile experience. HUAT AH!

EPIC SG happening NOW at Marriott Singapore! Come by to join us in the business networking if you have the time.

Another interesting news from Singapore's Crowdfunding space. As the Crowdfunding industry matures, some companies will grow and thrive, while others may just drop off.

As CoAssets is in the same space, our heart goes out to them as we understand how competitive the start-up sector can be.

More importantly, we hope that their clients and lenders are not too adversely affected by the latest development.

Hopefully they will find their footing and come back leaner and stronger. 💪💪💪

https://e27.co/funding-20160628/

[Updated] Funding Societies temporarily halts crowdfunding loan terms following regulation update The new regulation that requires crowdfunding platform to have license was believed to be effective by end of 2016

Gear up for on this coming Friday!

Have yet to grab your tickets? Visit s.coassets.com/S08 now! You may be the WINNER of S$1,000 CASH at our bi-hourly lucky draw!

For more information,
visit www.coassets.com/EPIC,
contact us at +65 8382 1422
OR email us at [email protected].

media.giphy.com

An interesting article about how some of the other Singaporean crowdfunding platforms are starting to lose consumer confidence.

While we are in no position to comment how the other platforms operate, we feel that it is important for us to be transparent with our operations. That is why...
1. CoAssets is the only listed Crowdfunding platform in the region.
2. We worked with one of the top 4 auditing firms to develop a risk assessment model.
3. All our lenders have NOT experienced any delay in repayment.
4. Our lender base grew from just 200 in 2013 to more than 52,000+ in 2016.
5. We attract talents to the management team so that we can do a good job in protecting our lenders.

Don't put your hard earned money at risk, and insist on working with a credible platform you can trust!

http://themiddleground.sg/2016/07/01/crowdfunding-serious-scam-problem-not-getting-better/

Crowdfunding has a serious scam problem, and it's not getting better - The Middle Ground by Ryan Ong THE trouble with banks is that they have a lot of requirements for giving...