Singapore: FundedHere secures $1.29m seed funding from angel investors

Singapore: FundedHere secures $1.29m seed funding from angel investors

Singapore-based crowdfunding platform FundedHere has raised S$1.74 million ($1.29 million) seed capital from three angel investors, two weeks after commencing operations as the first equity crowdfunding and crowd-lending platform in the city-state.

FundedHere intends to reach out to startups in Singapore, China, Indonesia, Vietnam and the Philippines, after the Monetary Authority of Singapore (MAS) granted it a Capital Markets Services (CMS) License, which permits companies to deal in securities.

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