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Funding Societies gets regulatory nod for retail p2p lending

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Kelvin Teo, co-founder of Funding Societies. Funding Societies has clinched in-principle approval to offer peer-to-peer (p2p) lending to retail investors in Singapore, and expects to offer again its p2p loans to these non-accredited investors by the first quarter of 2017.

Singapore

FUNDING Societies has clinched in-principle approval to offer peer-to-peer (p2p) lending to retail investors in Singapore, and expects to offer again its p2p loans to these non-accredited investors by the first quarter of 2017.

It said on Monday that it will soon hold a...

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