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P2P platforms must be more transparent for sustainability

Lending involves not only matching investors and borrowers; there is a great deal of work involving risk monitoring and restructuring of deals with fund seekers.

Businesses that were unsuccessful in their fund- seeking process through the banks have sought out crowdfinancing platforms. These platforms would then conduct their own credit assessment and put up the deal on their website for investors to subscribe.

MOST investors enjoy being part of the investment "flavour of the season". A few years ago, real estate had been a rising "flavour". In fact, it was so popular that in May 2013, Singapore's Property Price Index (PPI) peaked at 175.1 (compared with March 2016's PPI at 140.6). One can easily