5 Sep 2022 Dear Matched Lenders, Over the past three months, BRDGE has restructured its business on multiple fronts. The main aims are to address the apparent weaknesses, and concurrently enhance the other areas. During this short but intense period, we have committed to a few key elements that would take BRDGE to a level […]
News and updates related to BRDGE
22 July 2022 Since 16 June 2022, all loans disbursed via BRDGE thus far have been secured through legal charges on various assets, on top of personal guarantees. Secured Loans give BRDGE the legal right to repossess, foreclose on, or otherwise seize the pledged asset to recoup the outstanding balance of the borrower in the […]
4 July 2022 Singapore P2P platform BRDGE takes a bold step to launch this company-wide initiative of committing 1% to every new loan on and after 16 June 2022. The BRDGE Pledge Fund contributions are by BRDGE shareholders, management, and employees. The monies from this company pool will participate in every loan that goes live […]
It has been roughly two weeks since the Singapore government lifted dine-in restrictions to allow for further reopening. In the latest MOH dine-in restriction guidelines, dine-in group sizes have increased from five to 10, and live music can resume again. Sale and consumption of alcohol after 10.30pm at F&B businesses can resume on 29 March, […]
Who is Alfred?
Alfred is a preference-based Auto Invest feature in your dashboard that allows you to decide in advance how much you wish to invest in a deal so that you can get your funds allocated the instant a deal goes online.
The idea of digital money isn’t new. Many Singaporeans already pay, receive and transfer money digitally via apps like GrabPay and banking services like PayNow. Some of us hardly bother to carry cash around anymore. But with cryptocurrencies like Bitcoin and Ethereum becoming a global phenomenon over the past two years, governments around the world […]
Living in Singapore is becoming more expensive. It is already happening. Inflation as a result of global border restrictions and supply chain disruptions in the past two years has impacted everyday expenses. Based on anecdotal evidence, the prices of meals, beverages, and groceries in Singapore have increased by between 50% to 80% compared to two […]
In Singapore’s Budget 2022 statement, Minister Lawrence Wong detailed that Singaporeans will see higher expenditure linked to rising costs of healthcare, and underscored the need to guide Singapore towards a carbon-neutral and high-tech world. He put forth the case for higher taxes but also offered relief measures. For businesses, Covid-19 packages will be scaled back […]
P2P lending platforms or crowdfunding platforms have gained new momentum in Singapore in the past two years, offering an alternative financing solution to small and medium enterprises (SMEs) affected by the ongoing pandemic. Almost two years on, the future is still uncertain with the spread of new Covid-19 variants. Take for example, only a few […]
BRDGE exists to serve both SMEs and investors and we’ve always stayed true to the cause. After months of studying trends, speaking with business owners to understand their pain points, and evaluating the demands of our investors, we are pleased to announce a new credit scoring system that covers a broader spectrum of risks with […]