BigFundr Referral Promo Code: R52529S
This is where you begin growing your wealth, GUARANTEED!
Validity period: until 31 Jan 2025
BigFundr is doubling the referral benefits this holiday season!
Receive FREE S$20 when you sign up with BigFundr with the referral code: R52529S. Furthermore, receive up to $400 in festive bonus with your first investment. Terms and conditions apply.
The referral fees will be credited into your respective BigFundr accounts by the following month.
Table of Contents
About BigFundr
Real Opportunity with Real Returns backed by Real Estate.
BigFundr Pte Ltd (“BigFundr”) is a private limited company incorporated in Singapore, with the Company Registration Number 201917020N.
BigFundr holds a Capital Markets Services Licence (CMS Licence 101098) from the Monetary Authority of Singapore under the Securities and Futures Act (Chapter 289) of Singapore (“SFA”), and is an exempt financial advisor under the Financial Advisors Act (Chapter 110) of Singapore to provide certain financial advisory services.
As of February 2024, BigFundr is a 70%-owned subsidiary of Maxi-Cash Capital Management Pte. Ltd., a wholly-owned subsidiary of Singapore Exchange Catalist-listed Aspial Lifestyle Limited.
About Aspial
Aspial Corporation Ltd (SGX: A30) manages and owns a wide spectrum of businesses, that includes jewellery retail, property development, financial services, hospitality, and resort management.
As a publicly traded company, Aspial adheres to stringent regulatory standards and maintains the highest level of financial transparency, ensuring investments with BigFundr are supported by a stable and reputable organisation.
Business Model
BigFundr is in the business of providing loans for real estate projects. It is the first and only MAS-licensed Fintech lending platform in Singapore that focuses on guaranteed, real estate-backed investments.
Investors can invest from as little as S$1,000.
Here is a one-minute intro video:
Learn more about how BigFundr works here. To understand even more, check out BigFundr’s FAQ.
BigFundr Eyes $500 Million in Loans Under Management by 2026
BigFundr has been featured on multiple news channels such as Yahoo Finance, AsiaOne and EdgeProp. Since their launch in 2021, BigFundr has attained many significant milestones as of August 2024:
- 5-fold increase in total customer base
- Consistent doubling of total Loans Under Management (LUM) every 6 months
- $160 million in current LUM
- Over $275 million worth of developments fully funded
- 0% default rate
Security measures
SMS Sender ID
BigFundr adheres to the recent IMDA’s Full SMS Sender ID Registry Regime and is represented by the sender ID ‘BIGFUNDR’ in all SMSes, including One-Time Passwords (OTP).
Experience sharing
SingPass MyInfo sign up
Spare yourself from filling up long forms. BigFundr supports signing up via SingPass MyInfo.
Thank you for creating an account with BigFundr. Your account is now pending verification based on our Know Your Customer (KYC) checks. This may take up to 3 business days.
The Know-Your-Customer (KYC) vetting process by BigFundr takes up to 3 business days to complete. Mine was completed in one day though.
Time gap between depositing and investing
It takes time for deposits to be verified and become available in your BigFundr account for investing into deals. Sometimes, deals are fully subscribed very quickly; so it might be a good idea to deposit first and wait for deals to open.
What attracts me to BigFundr
Zero default rate as of April 2024
Since the launch of the platform in 2021, there have been 130 deals, with zero borrower default cases.
BigFundr’s multiple layers of guarantee
Investments with BigFundr will cease to be guaranteed by Maxi-cash from 16 Oct 2024 onwards.
Below is an extract from an email received on 14 Oct 2024:
We wish to inform you of an update regarding the Maxi-Cash guarantee on your investments with BigFundr. As of 16th of October 2024, we will be discontinuing the guarantee on all future BigFundr Notes. Do note that the Deals that you have previously invested in prior to 16th of October 2024 will not be affected by this change.
BigFundr offers investors multiple layers of guarantee to safeguard the capital and interest of investments.
Layers of guarantee include:
- BigFundr has the first legal charge on the real estate
- In the unlikely event that the Borrower goes into default, BigFundr has the right to liquidate the property to recover the funds. Regardless of the property liquidation outcome, BigFundr will be the first to be paid back upon the sale of the real estate.
- Personal Guarantee by the Borrower Entity
- All loans benefit from a personal guarantee by the Borrower Entity. Should there be a shortfall on the loan from the liquidation of the real estate, BigFundr can seek recourse from the Borrower.
- Buy-Back Provision by Fund Management Companies
- BigFundr works with some of the largest Fund Management Companies in each jurisdiction. At the start of each loan, these companies give BigFundr a guarantee to buy back the loan notes at an agreed time.
Disclaimer
All investments involve risks and are not suitable for every investor.
There is always the potential of losing money. Investors should consider their investment objectives and risks carefully before investing.
Any reward(s) which are received via any promotion campaign does not constitute as an invitation, inducement, recommendation, suggestion, or solicitation to investing.