About MoolahSense
What happens if MoolahSense goes out of business?
MoolahSense has put in place comprehensive arrangements so that in the event that MoolahSense goes out of business, the notes that have been successfully issued on the platform will be unaffected and investors will continue to receive their monthly ...
How do I change or reset my password?
If you’ve forgotten your password, you can trigger a password reset from our Login page. If you hadn’t forgotten your password but would like to change it, please log into your dashboard and go under your Account Settings and amend the profile:
How do I close my MoolahSense account?
If you wish to close your MoolahSense account, please submit a ticket at : https://moolahsense.com/contact/. Please provide us a scanned copy of your NRIC / Passport / FIN Card / Relevant Identification documents and include in your message to us ' ...
What is MoolahSense’s loan default rate?
Default Rate = Amount of Outstanding Loan Repayment Monies in Default _______________________________________________________ Total Amount of Loans Disbursed The default rate is computed taking the amount of outstanding loan repayment monies in ...
What is MoolahSense’s track record?
MoolahSense is the pioneer digital lending platform established in Singapore. We are also the FIRST to obtain a full Capital Market Services License (CMS-100568-1) from the Monetary Authority of Singapore. As of end July 2018, we have completed over ...
What is MoolahSense’s role to both Investors and the Issuer (SME)?
MoolahSense’s principal role is to: Perform introductory functions on behalf of prospective Issuers and Investors for the issuance of notes. Provide a streamlined process for the issuance of notes (including the development of standard contract ...
What if there is a breach of the Code of Conduct by a member?
MoolahSense reserves the right to suspend or terminate a member’s account if it appears an account has been used in breach of the Code of Conduct or any applicable laws. Click HERE to read the Code of Conduct.
Who can access the platform?
Only registered and qualified members (with Investor or Business accounts) of MoolahSense can gain access to the information and services provided by the platform. Information provided on our platform is strictly confidential. Identification proofs ...
Will MoolahSense verify the document that we have submitted?
Where possible, when documentary proofs are submitted, the MoolahSense team verifies the information as an independent third party.
What are contract notes?
Contract notes are issued through the platform where the Investors and Issuer (SME) are contractual parties to each note. MoolahSense is not a party to the contract. These contract notes are enforceable in Singapore. Each contract is formed after a ...
Is MoolahSense regulated by the MAS?
Yes, MoolahSense is regulated by the Monetary Authority of Singapore (MAS). We have been issued with a Capital Markets Services License (No. CMS100568-1) on 11 November 2016. Prior to launching our platform in November 2014, MoolahSense had consulted ...
How does MoolahSense’s platform work?
With the innovation found only at MoolahSense, the platform provides Investors and Businesses with two allocation mechanisms: (1) First-Come-First-Served; and (2) Auction – similar to reversed-Dutch auction and COE bidding exercise.
What is MoolahSense?
MoolahSense is Singapore’s pioneer and first fully licensed marketplace lending platform by the Monetary Authority of Singapore where people invest directly in local businesses for fixed returns whilst supporting the core of our economy and fostering ...