Capital Springboard, a Singapore-based peer-to-peer (P2P) invoice financing platform for accredited investors, has unveiled the new Pentad Capital Springboard Class fund for accredited investors in Singapore, in collaboration with London based Centurion Portfolio Managers.
Capital Springboard said that the new fund will offer exposure to its platform, which transacted over SGD110m since its pilot phase that began in June 2015 through a Cayman administered fund structure.
Capital Springboard CEO Roger Crook said: “The new fund is open for subscription and is well-suited for investors looking for managed receivables allocation with high returns to include in their existing portfolios.
“Capital Springboard is the sole asset within the class, allowing us to provide investors with up-to-the-minute performance snapshots. This is in line with our track record of providing our investors with consistent returns."
The P2P platform was launched in Singapore in June 2016. It includes Singaporeans and expatriate high-net-worth-individuals (HNWIs), mainly from independent financial advisers and family offices, as investors, and has hitherto funded over 1,550 invoices from SMEs.