Last updated on June 6th, 2021
When deciding to start your investment journey, you may have heard of 2 popular platforms: Funding Societies and StashAway. How are they different and which one should you be using to invest?
Funding Societies vs StashAway
Funding Societies is a
P2P lending platform that allows you to earn interest when you lend your money to a SME. Meanwhile, StashAway is a
robo-advisor that invests your money into a globally diversified portfolio that includes stocks, bonds and commodities. Both forms of investments are risky. However, lending your money via Funding Societies may be riskier as there is a risk that the
SME may default on the loan. Here’s an in-depth comparison of what these 2 investing platforms can offer you:
Type of Investment
Both platforms offer very different types of investment products:
Funding Societies allows you to conduct P2P lending
When...