FundedHere is first equity-based crowdfunding platform to get full nod from MAS
Add BT as a preferred sourceSingapore
THE dawn of securities-based crowdfunding has finally come to Singapore - after FundedHere on Monday said that it has been given the green light by the Monetary Authority of Singapore (MAS) to run the first equity and debt crowdfunding platform here.
FundedHere chief Michael Tee told The Business Times: "The licence we have now is a fully operational licence, and not a provisional licence. We are the first in Singapore to receive this Capital Market Services (CMS) licence and (go live)."
TRENDING NOW
Wealth of Singapore’s 50 richest diverges as OCBC, Sheng Siong boom offsets tech slide
Massive tax bill clouds sale of Singapore land by Malaysian king’s son
Canada’s fight with the US has far bigger stakes than trade
What’s luck got to do with it? Everything, says Malaysian jewellery king Tomei’s chief
