CoAssets Pte Ltd bags Financial Technology Case Study of the Year at the SBR Asian Business Case Studies Awards 2019
Through CoAssets Pte Ltd’s digital platform, new and experienced investors have the opportunity to back movie projects for as low as $5,000.
When Bryan, an executive at a top Singaporean bank, wanted to diversify his investment portfolio, he considered lending money to businesses via debt crowdfunders and ended up selecting CoAssets Pte Ltd (CAPL), an online investment platform in Singapore, which is a subsidiary of CoAssets Limited (hereafter, CoAssets) in the Australian Securities Exchange (ASX: CA8).
“They have been around for 6 years and they provide quality deals on their platform,” said Bryan. “They have also managed to keep their default rates low which is definitely a plus point.” CoAssets Pte Ltd (CAPL) connects Singaporean investors like Bryan to a wider variety of passive income projects, and in 2018, the platform’s non-performing loan rates for loans past 90 days improved to 0% from 2.2% in 2017. Meanwhile, the weighted annual rate of return was 9.91% in 2018.
Read the full case study here.
See official event photos here.
The Asian Business Case Studies Awards was held on 9 July 2019 at Sheraton Towers Singapore.
If you would like to join the next round of awards and be recognised as one of the most outstanding business solution providers in Asia, please email email@example.com