Bitterness from Chocolate Finance fallout could cloud its future if trust melts away
Negative sentiment online indicates that some investors are eager to withdraw their money from the platform; where would that leave its AUM then?
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[SINGAPORE] As the dust settles after Chocolate Finance suspended instant withdrawals and debit card transactions earlier this week, the fintech platform will have to count the cost.
What is immediately apparent is the loss of trust that customers and consumers may have in Chocolate Finance, judging by the criticism in some online posts.
The company’s founder and chief executive, Walter de Oude, has come out to assure investors that their funds are secure and denies any “liquidity issues”.
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