Who can invest?
As a MAS-licensed crowdfunding platform, only Institutional, Accredited and Professional Investors can invest in the deals listed on our platform.
All investors must have a Singapore bank account.
A professional investor is an individual with a minimum annual income of S$100,000 and a professional in his/her own field. In addition, they have to pass a suitability test before becoming an investor on the FundedHere platform.
An accredited investor (as defined in the Securities & Futures Act) is an individual with either:
- personal net assets exceeding S$2 million in value or its equivalent in a foreign currency (where the net equity of an individual's primary residence can only contribute up to half of this amount);
- income in the preceding 12 months of no less than S$300,000 or its equivalent in a foreign currency.
An institutional investor is a corporation with net assets exceeding $10 million in value.