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Invoice financing platform Capital Match to liquidate after years of controversy

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Claudia Chong

Claudia Chong

Published Thu, May 11, 2023 · 02:49 PM
    • Capital Match, which is on MAS' investor alert list, will undergo liquidation after years of controversy over its operations.
    • Capital Match, which is on MAS' investor alert list, will undergo liquidation after years of controversy over its operations. PHOTO: PIXABAY

    CAPITAL Match, a Singapore-based startup that enticed investors with potentially high returns from alternative investments, is shutting its platform and entering liquidation.

    An e-mail sent to investors on Thursday (May 11), seen by The Business Times (BT), said a liquidator will be appointed to manage the operations and communication with investors from Thursday.

    Perun Consultants has been appointed the liquidator, BT understands from a source.

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