SeedIn, a Singapore-based peer-to-peer (P2P) investment platform, has announced that it will transfer brands to BRDGE.
The corporate said that the new call (BRDGE) aims to further reflect the project and the objectives of the organization. The P2P platform is basically aimed at local SMEs. BRDGE provides corporations with a way to make money and is also helping corporations achieve their long term. -term purpose to maintain your operations.
The P2P investment platform recently embarked on a Memorandum of Understanding with V3 Fintech to provide greater liquidity responses to Singapore’s SMEs. BRDGE and V3 Fintech also plan to raise awareness among SME communities about how to manage liquidity and other financial challenges.
SMEs are more sensitive to economic shocks created on unpredictable occasions such as the COVID-19 pandemic Small businesses have limited resources and may not be well prepared to deal with disorders created by the coronavirus crisis and other occasions that can also destabilize the economy.
Supporting SMEs is essential because they help generate a significant percentage of Singapore’s economic production or GDP (and at most in other countries). Small businesses would account for a maximum share of Singapore’s GDP and provide jobs to approximately 65% of the city-state workforce.
Kevin Wong, CEO of BRDGE, said:
“Replacing the logo has allowed us to remain committed to our project to serve as many SMEs as possible. It has also allowed us to expand Singapore’s fintech ecosystem by offering more funding responses to companies seeking more financing options, so they can capture more opportunities for expansion. We look forward to advancing virtual financing and not only on some other crowdfunding platform, but also on a platform capable of building forward-looking and trusted to help other local companies and marketers grow.
Founded in 2014, SeedIn (now BRDGE) would have helped finance more than SGD 72 million of Singapore-based SME capital. The P2P platform also worked in cooperation with Unravel Studios, an established generation and media marketing agency. Both organizations have #KEEPUPTHEGOOD – which aims to help SMEs in these difficult times by providing the resources to maintain their operations.
Eligible SMEs that need to download monetary assistance will also be assisted in launching their marketing campaigns.