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Crowd Genie is one of the few licensed and fully operational peer-to-peer digital lending platforms in Singapore. It was granted a “Dealing in Securities”
license by Monetary Authority of Singapore (MAS) in March 2017. The company is now embarking on a token sale to enhance its platform, reach
global markets and scale revenues. The token - CGCOIN - is released by CGSPV Pte. Ltd., a Singapore-registered related company of Crowd Genie
Financial Services Pte. Ltd. (CGFS).
Key features:
- Crowd platform focused on lending to SMEs (small/medium sized
enterprises)
- Monetary Authority of Singapore compliant KYC and due diligence
performed for all users
- First platform in Singapore to introduce provision fund – GenieShield – to protect Lenders from delayed payments and defaults
- Only platform where directors co-invest in every investment
- Strong track record, with no loss of capital for investors in any listing for the past 18 months
- All loans backed by personal guarantee of Borrower company’s director(s)
“Token-based lending”: Build a private capital hub for Asia Pacific built on smart contracts to make the flow of funds between Lenders and Borrowers more efficient, cheaper and safer. This will include: