Singapore
CROWDFUNDING platform FundedHere plans to open its doors to Singapore listings to raise crowdfunding through short-term bonds.
This is the latest move by such new-fangled funding platforms to attract listed companies' businesses to a deepening private-funding market in this yield-starved environment.
In a media statement, FundedHere said each bond is expected to raise up to S$5 million. It has already put out an estimate of a coupon rate of about 9 per cent - paid quarterly - over a tenure...