Reviews of Funding Societies Pte Ltd. (Bank) - Singapore (Singapore).

Funding Societies Pte Ltd

88 Customer reviews

25 User comments

Bank

Financial institution

108 Robinson Rd, #06-01, Singapore 068900

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Information about Funding Societies Pte Ltd (Bank - Singapore, Singapore)

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This place has excellent reviews and demonstrates great customer service. Highly recommended!

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Reviews of Funding Societies Pte Ltd

A. S.

Been investing with Funding Societies since last 14 months. I also invest with a couple of other platforms doing P2P lending in Singapore. So far my experience with Funding Societies has been quite good. The mobile app is quite user friendly and they are very quick to respond to my questions. I faced a few defaults but my overall return has been about 7%+ after accounting for defaults and service fees. I followed the advice of some of my friends who have been investing in P2P since last few years in US and UK. I have invested in more than 100 loans on the platform and always invest within a particular amount range and never deviate from the amount, irrespective of how attractive the deal is. This has helped me to ensure that even if i face a few defaults, my portfolio does not get impacted much. A friend of mine made that mistake of investing a big amount in a loan he thought was very safe and then that loan defaulted and his overall returns came down to 3% even though rest of his portfolio hardly has any defaults. I have started investing more into their Property backed investment and Guaranteed Investment products during COVID since i believe they are a lot safer in this environment.

E. C.

Efficient team and many investment opportunities, like the auto invest feature. The team does their best to filter out companies when lending the money. BUT THIS IS HIGH RISK INVESTMENT YOU CAN LOSE ALL YOUR CAPITAL. Don’t go in if you can’t accept defaults on payments.

J. C.

Good interface with clear, detailed information. However still unsure of the default rates and how safe Guaranteed Return Investments are.

J. T.

feeling secure for the money invested

H. M.

J. K.

N. N.

T. C.

Z. P.

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D. A. R.

d. s.

K. P.

C. Y. T.

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