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Funding Societies vs StashAway – What’s The Difference?
By Financially Independent Pharmacist  •  November 24, 2020

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...
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By Financially Independent Pharmacist
I’m a current Pharmacy undergraduate in NUS who is passionate about personal finance. I strongly advocate everyone to become more financially literate. Personal finance is such an important skill, yet it is not being taught in schools.
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