We are a fintech (finance technology) company—licensed and regulated by the Monetary Authority of Singapore (MAS) with a license in dealing in securities and investment advisory—that offers an online financing platform connecting Investors and Borrowers. Investors use our platform to gain attractive returns by financing SME projects, while borrowers use our platform to gain fast, […]
Category: About SmartFunding
Is SmartFunding regulated by the Monetary Authority of Singapore (MAS)
Yes, as a Capital Market Services (CMS) License holder, SmartFunding is licensed by the Monetary Authority of Singapore (MAS) to conduct the regulated activity of dealing in securities and investment advisory.
How do I know that my non-invested capital is safe with SmartFunding?
In compliance with the MAS regulatory requirement, Smartfunding has created a Client Money Account (CMA) with DBS bank for monies transferred by our Investors and Borrowers. The CMA account is set up such that all monies deposited in the CMA account is held on trust by Smartfunding for our clients, and monies held in the […]
What is a Client Money Account agent? Why is it necessary?
A Client Money Account (CMA) is an account opened by a financial intermediary firm to hold money that belongs to its clients. In compliance with the MAS regulatory requirement, Smartfuding have created a Client Money Account (CMA) with DBS bank for monies transferred by our Investors and Borrowers. Having a CMA account effectively ensures that […]
If SmartFunding does not, themselves, buy or sell debt securities, what exactly is their role?
SmartFunding acts as a platform that matches Borrowers with Investors. This role involves the following: Pooling of multiple Investors Credit assessment of Borrowers Legal servicing and facilitation of transactions Fund disbursement and monthly repayments collection Bad debt resolution
What happens if SmartFunding goes bankrupt?
SmartFunding has in place the following arrangements to protect Investors: Client Money Account (CMA) In compliance with the MAS regulatory requirement, we have created a Client Money Account (CMA) with DBS bank for monies transferred by our Investors and Borrowers. If SmartFunding must cease its operations, monies held in the CMA account will not be […]