Crowd Genie is a Singapore-based peer-to-peer (P2P) lending platform that connects investors with small and medium-sized enterprises (SMEs) seeking financing. Licensed by the Monetary Authority of Singapore (MAS), the platform facilitates debt investments, offering an alternative to traditional banking channels for both investors and borrowers.
Investors can participate in funding SME loans ranging from S$30,000 to S$2 million, with potential annual returns exceeding 15%. The platform provides a selection of vetted loan opportunities, allowing investors to diversify their portfolios and support local businesses.
SMEs seeking financing can apply for loans through Crowd Genie, accessing funds between S$30,000 and S$2 million. The platform evaluates each application based on creditworthiness and business performance, providing an alternative funding source for companies that may not meet traditional banking criteria.
Crowd Genie is open to individual and institutional investors who meet the platform’s eligibility criteria. Investors must comply with local regulations regarding investment activities and should consult the platform for specific requirements.
For Fundraisers: An origination fee ranging from 2% to 5% of the total loan amount is charged, based on the borrower’s credit profile.
For Investors: a 3% to 8% service fee when investors receive a repayment from the borrower
Crowd Genie offers to invest in various crowdfunding opportunities from the SME sector.
At Crowd Genie, you can start investing with SGD 1,000.
The investment models Crowd Genie operates is P2P lending.
