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Curtain falls on CoAssets crowdfund platform, but no systemic risk seen in P2P lending

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Former CoAssets COO Lawrence Lim (left) departed the company in 2019 due to irreconcilable differences with founders Getty Goh (right) and Seh Huan Kiat.

Singapore

SINGAPORE-BASED crowdfunding platform CA Funding - formerly known as CoAssets - has thrown in the towel and is in the process of winding down, but there is no sign it is a harbinger of the collapse of others in the peer-to-peer lending space, said industry watchers.

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