Funded Here to help SGX listed companies raise short term bonds

Funded Here has become the first licensed crowdfunding platform in Singapore. It received its Capital Markets Services license from the Monetary Authority of Singapore on 18 March 2016, permitting it to deal in securities. This allows Funded Here to raise funds via short term bonds of up to S$5 million. The platform currently offers investment options from S$5,000. Funded Here hopes to have its first offers to its accredited investors by September 2016.

 

 

728x90-pr

Surveying Thailand’s Emerging Crowdfunding Scene

by Laura MacKay

It could easily be argued that non-digital crowdfunding has been practised in Thailand for centuries; dana or ‘giving’ is a key component of the Buddhist religion and Thai culture itself. Any early riser in Thailand will have witnessed the daily alms ritual of monks, who collect their meal for the day from Thai shopkeepers and street vendors. Thai‘s also regularly contribute to the upkeep of the numerous temples, whose golden pagodas grace the skyline of every Thai city. The landscape of Thai crowdfunding reflects this spirit of giving in the large number and success of rewards-based crowdfunding platforms such as Taejai, Dreammaker, Asiola and MeeFund. However, despite the desperate need for alternative forms of raising capital in Thailand, and the recent enactment of regulations which permit equity crowdfunding, Thailand is yet to see a registered equity-based crowdfunding platform emerge.

Read More

Meefund’s Reward Crowdfunding Eyes Up Asia

By Tadhg Walker

Meefund came to life in September 2015. A group of Thai management and business consultants knew Fintech was more than the latest trend, and with their core competency being new business, started Meefund to capitalise on crowdfunding.

It has long proven difficult to attract funding for ventures in Thailand. Banks are unwilling to lend without collateral. Venture Capitalism has never taken off in Thailand. Meefund’s founder and Chief Hunting Officer Tony Boontanorm explains: “The government [from its Venture Capital fund] will give out money and not get a return. They put money into projects but they fund the wrong projects. They do not know how to find the innovations.”

Read More

1 2 3 4