New listing of S$100,000; S$1m investment into Capital Match; new feature for investors

18th August 2015

S$1m investment into Capital match and team update
Thanks to you, our loyal lenders, it feels like we are achieving new milestones every other day. We are glad to announce that Capital Match has received an additional investment into the company led by Innosight Ventures. Our paid-up capital will now be in excess of S$1 million. The funding will allow us to serve you better while expanding our product offerings and improving the services we provide.

You can find a longer article on this development here.

We have already taken the first steps to serve you better by expanding our team at Capital Match, which can be viewed here.

New feature (in beta): Statement
We have just introduced a new feature called “Statement” where you can view all the transactions that occurred on your Investor account. You can download it in a CSV format for your own records.

PLEASE NOTE: It’s still in a beta version – we will improve it over the next few weeks. The things that we will make better for you include:

• Better sorting
• Clean up of some historical dummy transactions – “Cumulative debit” and “Cumulative credit” might not be correct right now for some of the users, but “Account balance” correctly reflects your current balance
• More visible download feature
• Better summary of the transactions

New Listing : S$100,000 with 2.4% monthly interest
We have just introduced a new 12-month listing of S$100,000 with 2.4% monthly interest. The company is wholesale distributor specializing in the marketing and distributing range of seafood. Their clients in Singapore include major restaurant chains and supermarkets (total of 200 active clients).

Log in onto the platform to find out more about it!

LZOC Marine: Offer acceptance at 80% funding
You may have noticed that the facility #00020 was accepted by the borrower when it was 80% funded at S$120,000 (out of the initial amount of S$150,000). The borrower decided they would like to promptly access the funding and decided to accept the offer earlier but still in accordance with our T&Cs.

You may have also noticed that there is an additional facility (#00021) that is fully funded on the platform. This facility was a private placement offer to a small group of investors. Due to some characteristics of the facility we could have only offered it up to 50 persons to comply with MAS regulations. The selection criterion was purely based on the size of past investments.

www.capital-match.com