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.