Invest
P2P Lending Review: Takeaways After 6 Months
By Seedly  •  July 25, 2018
You can contribute your thoughts like Guest here. I’ve been investing in P2P Lending platforms for the past 6 months and have learned quite a bit about this type of alternative investment. Now, if you don’t know what P2P Lending is, I recommend you check out this piece, which explains very thoroughly. Basically, you’re lending out money to SMEs that need the fund. In this article, I’ll share what I’ve learned and hopefully, you can decide whether investing in P2P Lending suits you. I’ve invested in more than 100 loans, using three platforms: Funding Societies (Singapore), Capital Match and Minterest. I’ve gained roughly 7% return since I started, which I’m quite happy with, and that includes one defaulted loan. Depending on your risk appetite and loan choice, you’ll likely get a different return. Let’s dive right in. Understanding Different ......
Read the full article
By Seedly
Launched in 2016, Seedly helps users make smarter financial decisions with its budgeting app which allows its 40,000 users to sync up their financial accounts and better manage their cash-flow. Last year, we introduced a new community feature which allows users to crowdsource knowledge from peers before making a financial decision.
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance