My investments are still on the same three peer-to-peer (P2P) lending platforms, namely Capsphere, Fundaztic, and Funding Societies Malaysia. The results are as on 30 September 2023. In this article, I am going to follow the formulae of the previous year which you can see down here. Total return = Total received profit ÷ Total …
My investments are still on the same three peer-to-peer (P2P) lending platforms. They are Capsphere, Fundaztic, and Funding Societies Malaysia. The results are as on 30 September 2022. In this article, I am going to follow the formulae of the previous year which you can see down here. The formula that I am going to …
Currently, I have investments on three peer-to-peer (P2P) lending platforms. They are Capsphere, Fundaztic, and Funding Societies Malaysia. The results are as on 30 September 2021. In this article, I am not going to follow the formulae of the previous year. I am only going to take account of the received interest, excluding the projected …
Currently, I have investments on three peer-to-peer (P2P) lending platforms. They are Capsphere, Fundaztic, and Funding Societies Malaysia. The results are as on 30 September 2020. Capsphere As I just started to invest on this platform, I do not have enough data to comment on it yet. Up to today, I have only invested in …
This article is an update to my previous article on two peer-to-peer (P2P) lending platforms. It is 2020 now and I am going to compare my investment performance on Fundaztic and Funding Societies Malaysia . As I do not have an accurate way of counting the return, I am going to use the data from …
I have been investing in peer-to-peer (P2P) lending on Funding Societies Malaysia and Fundaztic for two years. I feel it is time for me to make a choice between these two platforms. Funding Societies Malaysia vs Fundaztic Below are some basic statistics about these two platforms. Funding Societies Malaysia offers three types of investment products. …
Fundaztic (Link) changed its management of defaulted notes again after the recent changes that I mentioned in a previous article. What are the changes this time? Termination of email updates Previously, the platform would send the investors emails to update on defaulted notes. However, this service is being stopped from now on. Although the platform …
After the first email regarding my defaulted note in Fundaztic, I finally received an update after six months. So what’s the news? Bankruptcy notice In the email, it is stated that Sealed Judgement Order was obtained and served in early of the year. Fundaztic (Link) has instructed lawyers to file for bankruptcy notice in February. …
I installed this app on the same day as Funding Societies Malaysia app. I have known the existence of this app but did not find it necessary till I need it. Fundaztic mobile app is available on both Google Play Store and Apple App Store. I am using the Android version. Interface The interface is …
This is an update to my December 2018 article about Defaulted Notes in Fundaztic. There are some changes that the platform made and new discovery that I found. New definition of default First, Fundaztic has reclassified defaulted note as a note that is 90 days past due, instead of 60 days as before. This reclassification …
