Minterest Crowdfunding Platform - Review for Investors

Minterest Crowdfunding Platform - Review for Investors

Great platform for short-term crowdfunding investment opportunities.

Good for

  • Investors seeking a low-fee crowdfunding platform

Bad for

  • Individuals seeking to make long-term investments

Editor's Rating

4.5/5.0

Minterest is great, low-fee, option for individuals seeking short-term crowdfunding investments. The platform charges a competitive 15% on all interest earned and its crowdsourced loans have lower than average default rates. The significant drawback of the platform is that it does not offer long-term investments.

Summary of Minterest Investment Platform
Competitive Investor Fee: 15% of interest earned
Low Default Rate: 0.68%
Short-Term Investments: Up to 12 months

Table of Contents

What Makes Minterest Stand Out to Investors

Minterest is one of Singapore's best crowdfunding platforms. It charges a lower than average investor fee (15% of interest earned) and offers competitive asset quality with a default rate of just 0.68%. The platform also has success in funding deals quickly, with 97% funded in 1 day.

The only downsides to Minterest are due to the fact that its investment opportunities are somewhat limited. The platform only offers short-term investing opportunities (12 months max.) and investments in business loans and invoice financing, whereas other platforms offer a range of investment types and durations. Still, Minterest's low fees, high asset quality and low minimum investment requirements (S$1,000 initial, S$50 per campaign) make it a great option for investors in Singapore that seek to invest in local SMEs.

Investment Opportunities at Minterest

Minterest offers short-term investment opportunities (up to 12 months) in business term loans Business Term Loans and Invoice Financing. Approximately 79% of Minterest's loans are less than 6 months in duration. Furthermore, platform makes it easy for investors to find deals that fit their risk preferences using its proprietary credit algorithm "Mint Grade".

Investor Service Fees15% of interest earned
Minimum Investment per CampaignS$50
Minimum Initial InvestmentS$1,000
Loan DurationUp to 12 months

Minterest Crowdfunding Platform Recent Performance

Minterest's platform has provided solid results for investors in the past two years. For example, its default rate was 0.68% in 2018 and 0.00% in 2017, while its average annualised returns have also been competitive with those of other crowdfunding sites. We strongly caution that past results do not influence future results.

YearWeighted Average Annual ReturnNon-Performing Loans (90+ days)
201714.44%0.00%
20187.53%0.68%

Investor Eligibility Requirements

In order to view investment opportunities on Minterest's crowdfunding platform, individuals must complete their registration. This includes either a knowledge/experience or suitability questionnaire. Investors must also transfer S$1,000 to the platform to begin investing.

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