GenieShield is a new initiative that is geared towards giving lenders better protection against delays and potential defaults in loan repayment. Though provision fund is common in the European markets, it has not been actively launched in Singapore – GenieShield could probably be the first provision fund in the Singapore market.
We are in the midst of technology start-up boom era where innovative ideas persistently popping up, supported by a range of public initiatives and private funding. To remain as market leaders in the industry, large corporations often consider start-up acquisition as the easiest and quickest way on boosting their competitiveness.
The annual Startup Summit organised by DP Information Group, a Singapore’s leading credit reference agency, is back! With the theme “Powering Possibilities”, this year’s conference focuses primarily on internationalisation and digitalisation. One of the topics include the growing crowdfunding scene in the region.
It is our pleasure to share with all supporters that one of the debt listing on our platform has recently been matured, and we were approached by an existing SME client for a second (repeat) listing. We believe that this is a good sign of confidence towards our platform services.
Being one of the first P2P lending platforms to receive the CMS license from MAS, Crowd Genie will set its next focus on scaling up rapidly. Hence, do not hesitate to connect with us for potential collaboration – be it investing or lending!