FundedHere was founded in Singapore in 2015; it is the first Singapore home-grown crowdfunding platform that offers equity crowdfunding and lending-based crowdfunding. Equity crowdfunding is a financing mechanism through which investors are investing into the start-ups in exchange of equity holdings. Such share holdings will entitle them to future capital gains as well as dividends declared by the start-ups. Lending-based crowdfunding is where investors lend money to a company and receive the company’s legally-binding commitment to repay the loan at pre-determined time intervals and interest rate. The primary objective of FundedHere is connecting investors to startups in Asia, getting good entrepreneurial ideas funded and offering attractive returns for investors.
Seed, Early Stage