Who is Crowdo?
Crowdo is a regional Fintech platform offering a full portfolio of alternative financing solutions across Peer-to-Business Lending and Equity Crowdfunding. With operations in Singapore, Malaysia and Indonesia, Crowdo boasts a global community of over 30,000 members and has successfully financed more than 2,000 projects to date.
What is Crowdfunding with Debt?
Crowdfunding with Debt is a new way to use the internet and latest technologies to efficiently connect businesses trying to raise funds with investors looking to invest in promising Entrepreneurs and Small-Medium Size Businesses (SMEs). Everyone can directly invest and support local SMEs and everyone can access funding without relying only on traditional financial intermediaries such as a banks.
What is Crowdfunding with Equity?
Crowdfunding with Equity is a new way to use the internet and social media to connect businesses trying to raise funding and investors looking to invest in promising new Startups and Small-Medium Size Businesses (SMEs) efficiently.
What are the intended benefits of Crowdfunding with Debt and Equity for Entrepreneurs and SMEs?
For Entrepreneurs and SMEs, it aims to provide a simpler and better way to raise fund online. Simpler, because you can leverage a standardized template and an easy online process to configure your fundraising request; Better as you can now leverage the full power of the internet such as digital and social media to market and PR your fundraising activities to raise Investor awareness and encourage their participation.
What are the intended benefits of Debt Loan for Investors?
For Investors, it aims to provide a more transparent and diversified approach to investment opportunities. Each Investor Member has access to investment opportunities in SME loans previously available only to a few professional Investors. All the information of each loan is easily accessible via the web portal. Thanks to the low minimum investment size required, Investors can potentially spread their investments across multiple investment opportunities hence diversify their portfolio. Finally, Investors can easily track their investment performance online, anytime, anywhere.
What are the intended benefits of Equity Offer for Investors?
For Investors, it aims to provide a more transparent and diversified approach to early stage investing. Each Offer will have a Q&A section where prospective Investors with different backgrounds, expertise and knowledge can post questions and comments about the investment opportunity. Depending on the minimum investment size of the Offers that Investors are assessing, Investors can potentially spread their Investments across multiple investment opportunities, hence diversifying their portfolio.
Who are the Borrowers?
We are open to all types of businesses. All Borrowers must first successfully undergo Crowdo's Due Diligence process.
What is an Issuer?
An Issuer is a Corporation or Venture Capital Fund which is seeking to raise fund online through Crowdo's platform. All Issuers must comply with Crowdo's Membership Agreement and be vetted before launching Offers.
Who is eligible to become a Borrower?
In Singapore, we are open to businesses from around the world. For Indonesia, you must be a Indonesia incorporated entity / tax resident. For enquiries, please email enquiry.p2p@crowdo.com
Is Crowdo a fund for Debt?
No. When investors invest in an loan through Crowdo they invest solely in the loan that they have chosen. However, upon request we can package multiple loans to be made available for investment funds looking to invest in larger pools of loans.
Who is eligible to become an Issuer?
For Crowdo International Platform: For Crowdo International Platform: Crowdo's aim is to facilitate fundraising for any company and venture capital fund anywhere in the world. For more details on eligibility, please review our Issuer Membership Agreement. For Crowdo Malaysia Platform: a Sendirian Berhad (private limited company) incorporated in Malaysia with a paid up capital of less than 5 mn MYR or a Venture Capital Fund registered with the Securities Commission of Malaysia.
What is a Loan?
A Loan (or Debt Security) is an arrangement whereby one or many lenders/investors gives money to a borrower and the borrower agrees to repay the money along with interest at some future point in time, according to a pre-agreed repayment schedule. A Loan (or Debt Security) is defined by an amount (principle), the duration of the loan (tenor), the interest rate returned to investor (interest rate) and by the frequency of the repayments to investors (frequency).
What is an Offer?
An Offer is the fundraising conducted by an Issuer which includes business proposal, financials, investment documents and other information required by Crowdo.
Who can become an Investor?
By submitting required information via Crowdo website, everyone can become a Crowdo Malaysia Platform Investor and Crowdo Indonesia Platform Investor. To begin the application process, signup and login to the website and click on the "Become Investor" link. Once your application has been approved, you will be a Qualified Investor and start making investments. Please note that Crowdo International Platform is only open to Accredited Investor (AI) or Institutional Investor (II). To apply to be an AI and II, please click on "Accreditation".
Does Crowdo review each loan before it is published?
Yes. Each submitted financing request will need to undergo business and technical reviews conducted by the Crowdo Team and its Partners before being published on the platform. However, this review is not meant to recommend the investablity of the business or guarantee Investment returns. Each Investor will need to make their own investment decision.
Does Crowdo review each Offer before it is published?
Yes. Each submitted Offer will need to undergo business and technical due diligence conducted by the Crowdo Team and its Partners before being published on the platform. However, this review is not meant to recommend the investablity of the business or guarantee investment returns. Each Investor will need to make their own investment decision.
Does Crowdo review each offer’s Q&A / Update Section?
Crowdo does not review or approve the contents published in the Q&A / Updates section. These are "one-off communications" between Issuers and potential Investors and should be treated as one-on-one conversations. It is the responsibility of the Issuer to monitor and respond to questions raised in their Q&A / Forum and respond to the potential Investors accordingly. We are not able to remove Q&A / Updates content on request. However, we reserve the right to remove any contents in these sections that we consider spam, abuse or trolling.
Does Crowdo advise as to where to invest?
No. Crowdo is not authorized to provide financial advice. While we confirm and approve all the information provided in each offer, we do not make our own judgment about whether it's a good investment opportunity or not. We believe that a large number of diverse investors are better suited to assess the business's prospects than a few professional managers (Crowd Validation).
Is Crowdo a fund for Equity?
No. When investors invest in a business through Crowdo, they invest solely in the single Offer that they've chosen. However, we occasionally make available Offers for individual Venture Capital Funds registered with the Monetary Authority of Singapore / Securities Commission of Malaysia looking to raise investment for a pool of known or to-be-selected businesses.
Is Crowdo authorised and regulated to operate in Indonesia?
Yes. Crowdo is officially registered by the Financial Services Authority of Indonesia (OJK) as a Peer-to-Business (P2B) Operator.
Is Crowdo authorised and regulated to operate in Singapore?
Yes. Crowdo is a Capital Market Service License holder (CMS: 100544-2) approved by the Monetary Authority of Singapore.
Is Crowdo authorised and regulated to operate in Malaysia?
Yes. Crowdo is registered with the Securities Commission of Malaysia as a Recognized Market Operator and allowed to operate a platform for Equity Crowdfunding.
Who can become an Investor?
By submitting required information via Crowdo website, everyone can become a Crowdo Malaysia Platform Investor and Crowdo Indonesia Platform Investor. To begin the application process, signup and login to the website and click on the "Become Investor" link. Once your application has been approved, you will be a Qualified Investor and start making investments. Please note that Crowdo International Platform is only open to Accredited Investor (AI) or Institutional Investor (II). To apply to be an AI and II, please click on "Accreditation".
What is an Accredited Investor(AI)?
For Crowdo International Platform only: 1) Individual, who has - (a) Net Personal Assets > S$2mm (or equivalent in other currency), but net equity of primary residence capped at S$1 million ( or equivalent other currency); or (b) Financial assets (net of any related liabilities) > S$1mm (or equivalent other currency); or (c) Annual Income (preceding 12 months) > S$ 300,000 2) Corporation - Net assets > S$ 10mm (or equivalent) 3) Trustees of a trust
What is an Institutional Investor(II)?
For Crowdo International Platform only: 1) MAS - Licensed Financial Institutions 2) Funds (Pension Funds, CIS, Sovereign Wealth Funds) 3) RFMC (Serving =< 30 qualified investors) 4) The Government and Specified Statuory Boards 5) Supranational govermental organisation
What is a Sophisticated Investor?
For Crowdo Malaysia Platform only: Malaysia Tax Residents: Institutional Investors with minimum net assets of 10mn MYR, and High Net Worth Individuals with total wealth or net personal assets of 3 mn MYR and above (either MYR or foreign currency equivalents). Non-Malaysia Tax Residents: Same definition as above in foreign currency equivalents.
What is an Angel Investor?
For Crowdo Malaysia Platform only: A registered member of the Malaysia Business Angel Network (MBAN)
What is a Retail Investor?
For Crowdo Malaysia Platform only: Any eligible Investor who does not fit the criteria of Sophisticated Investor or Angel Investor.
Who does the Due Diligence of Issuers?
Crowdo. We have a number of measures in place; including conducting upfront checks, holding Entrepreneurs and Businesses accountable for the information they have provided us, and, if necessary taking legal action against the entrepreneurs and businesses for non-compliance.
Why should I Invest in Debt Loan?
There are a number of reasons you may want to invest in a Loan: 1) To diversify your investment portfolio with an investment product (SMEs Loan) currently not widely available via traditional investment channels 2) To generate an additional source of income via a fixed income investment; 3) To help SMEs to grow their business and build a stronger economy; Investors should implement a diversification strategy when building an investment portfolio. Diversification involves spreading your money across multiple investments in order to have investments that will sustain in adverse market conditions and mitigate losses. However, it will not lessen all types of risk.
Why should I Invest in Equity Offer?
There are a number of reasons you may want to invest in an Offer: 1) To diversify your investment portfolio. 2) To make a return on your investment. 3) To help a friend launch their business. 4) To help small businesses. Investors should sought a diversification strategy when building an investment portfolio. Diversification involves spreading your money across multiple investments. Providing you with a greater peace of mind as your investments are affected by adverse market conditions and losses. However, it will not nessarily reduce the different types of risk.
What are the risks of investing in Debt Loan?
The investor has to bear the risk that the Borrower may not repay their debt. There are several factors used by investors to assess the risk of an investment such as: Borrower's past repayment history, Borrower's financial situation and assets pledged as collateral to the debt financing. In general, risker investments are expected to give higher return to investors to compensate for the risk taken. Besides, investors may bear currency risk.
What are the risks of investing in Equity Offer?
You will be investing in very early stage businesses. The typical risks are as follows: 1. The Issuer fails and closes the business. In this case, it is highly likely that the Investors will not be able to recover their original investment; 2. Lack of liquidity. Even if the business succeeds, it may take a substantial period of time until Investors are able to sell their shares in the business; 3. Dilution of the Investor's shareholding. If the business raises subsequent fundraising and issues new shares, participants in previous rounds of investments will now own a smaller % of the entire company. For more information, visit our Risk Warning section.
How much can I invest in Debt Loan?
There is no limit to the investment amount, and an Investor Member can diversify their investment across a portfolio of offers. However, an Investor should only invest the amount that they are comfortable with.
How much can I invest in Equity Offer?
Crowdo Malaysia Platform You should only invest in amounts that you are comfortable with. In addition, you will need to abide by the investment limits imposed by the Securities Commission of Malaysia as follows: Sophisticated Investor: No Investment cap; Angel Investor: 500k MYR per 12 month period (or its foreign currency equivalent); Retail Investor: Maximum of 5,000 MYR per Issuer and up to 50,000 MYR per 12 month period (or its foreign currency equivalent) Crowdo International Platform There are no Investment Cap imposed by the regulator but it may differ offer by offer.
Who does the vetting of Borrowers?
Crowdo. We have a number of measures in place to evaluate the Borrower's submission, including conducting upfront checks, holding entrepreneurs and businesses accountable for the information they have provided us, and, if necessary taking legal action against the entrepreneurs and businesses for non-compliance.
What do I get in exchange for my investment?
For Debt loan, you should expect to receive in return the amount you invested (principle) plus an interest amount (interest return). Principle + interest return are repaid according to a pre-agreed repayment schedule. For Equity Offer, you will become a shareholder of the Issuer. These shares may be direct shareholding or via a nominee. Please review each Offer in detail to see which is the case.
What is the interest returned on my investment?
Each offer published on the P2P platform clearly states the interest rate to be returned to investors. The exact repayment schedule is also displayed in the fact sheet. If you bid an amount lower than the principle, the repayment you are entitled to will be prorated according to your investment amount and visible in your online portfolio (My Portfolio page)
How much equity do Investors get for their investment?
Each Issuer decides the amount it wishes to raise in exchange for an agreed upon percentage of its equity, and each Investor's equity interest will be proportionate to the size of their investment.
I was notified that the Fundraising loan I invested in is unsuccessful, what happens now?
The amount you bid on that fundraising loan will be refunded to your online account.
I was notified that the Fundraising loan I invested in is successful, what happens now?
At the end of the Loan period, if the Loan has reached or exceeded its target, the next step will be the completion process. During the completion process, we will facilitate the transfer of money in exchange of the Investor funds via the escrow account. The investor's funds will continue to be protected and the Bank Trustee will only release the funds if it is satisfied. This process may take a few weeks. After everything is completed, Investors will be notified of their investment status either by the Borrower or the nominee.
I was notified that the Fundraising offer I invested in is unsuccessful, what happens now?
The Fund Trustee will initiate a refund process and your funds will be restored based on your original mode of payment.
I was notified that the Fundraising offer I invested in is successful, what happens now?
At the end of the Offer period, if the Offer has reached or exceeded its target, the next step will be the completion process. During the completion process, we will facilitate the transfer of shares in exchange for the Investor funds via the escrow account. The investor's funds will continue to be protected and the Bank Trustee will only release the funds if it is satisfied. This process may take a few weeks. After everything is completed, Investors will be notified of their shareholding status either by the Issuer or the nominee.
My investment is cancelled but I have not received my money back yet?
Crowdo Malaysia Platform Depending on your original mode of investment, it could take up to a few weeks to complete the refund process. Crowdo International Platform The fund is still kept in the Escrow account. The new balance of your virtual account will be updated after 2-3 business days.
Why is my refunded amount is different or less than my original investment?
Please note that all investments and refunds are processed in Singapore Dollar (SGD), Malaysian Ringgit (MYR) or US Dollar (USD) depending on offers and could be affected by exchange rate fluctuations if your investment was in a other foreign currency. Additionally, depending on your mode of investment, there will be bank transfer and payment processing fees to be borne by the Investor member.
Are my investments made public?
For Debt Loan, your investment will not be made public. For Equity Offer, Investors will be able to choose whether to make investments public or anonymous through the platform. However, Issuers will have transparency to participating Investors, and if a Offer is successful (depending on the shareholding structure), your ownership & shareholding in the Issuer may be made public.
Does the Borrower receive my investment right away?
No. The investment amount you bid to a loan will be secured in your online account until the offer is successful. Only in cases where the fundraising reaches its base target amount prior to the expiry date of the fundraising period, the funds be transferred to the Issuer. If the Loan fails to reach its target, then the funds will be returned to the participating Investors.
Does the Issuer receive my investment right away?
No. Your investment amount will be held in a Trustee Account until the end of the Offer period. Only in cases where the Offer reaches its target amount prior to the expiry date of the Offer will the funds be transferred to the Issuer in exchange for the issuance of new shares to the Investors. If the Offer fails to reach its target, then the funds will be returned to the participating Investors.
Can the Issuer reject your funds?
Yes. During the cooling off period, the Issuer may decide to reject your funds at its own discretion. The cooling off period means six Business Days, or such other period as may be agreed by the Issuer and the Platform Operator in writing.
Is my investment guaranteed?
No. Despite some debt notes being personal/ corporate guaranteed, it does not mean your investment will definitively be returned. You should notice that your investment will have risks. However, you will be able to invest in offers with different risk profiles. For example you will be able to find offers with collateral which are generally considered less risky than uncollateralized loans.
What happpens in the event of a Borrower delay or default on a repayment?
A default event is defined as 2 consecutive delayed repayments. If an Issuer delays 2 consecutive repayments, this is considered a default and the default procedure is triggered. In the case of collateralized debt, the default procedure consists of liquidating the collateral and using the proceeds of the liquidation to repay the outstanding principle to investors. In case of non collateralized debt, Crowdo will engage the Issuer to explore potential repayment options while keeping the investor informed of the progress.
What is the Loan Grade?
The Loan Grade is Crowdo's proprietary index of the risk profile of the loan. There are 6 levels: A+ (less risky), A, B, C, D, E (higher risk). There are several factors used to assess the risk of an loan and assign the Grade. Some of the factors are: Issuer's past repayment history, borrower's financial situation and assets pledged as collateral to the debt. In general risker investments are expected to give higher return to investors to compensate for the risk taken.
Why do I need to Top Up to be able to invest?
To be able to bid an amount to an loan/offer during the fundraising period you need to have an available balance in your online account, which is equal to or greater than the amount your want to bid. This amount will be frozen in your account until the end of the fundraising period and labelled as "Bid Amount". If the fundraising is successful the amount will be invested in the selected offer. If the fundraising is not successful the Bid Amount will be release to your online account.
How is the repayment schedule calculated?
The repayment is calculated using an effective annual interest rate. The annual effective interest rate is the annual rate that is charged for financing (or made by investing) which takes into account the compounding effect. The repayment schedule is calculated to give investors a constant monthly repayment amount which pay off his/her investment with the specified interest rate, over the specified period. The constant monthly instalment amount is calculated using the PMT formula in Excel: Monthly Instalment = PMT(Effective Annual Interest Rate/12, # of repayments, debt principle) The break down of monthly principle repayment and monthly interest repayment can be calculated as following: a) Monthly principle repayment amount is calculated using the PPMT formula in Excel: Principle Repayment Month n = PPMT(Effective Annual Interest Rate/12, n, # of repayments, debt principle) b) Monthly interest repayment amount is calculated using the IPMT formula in Excel: Interest Repayment Month n = IPMT(Effective Annual Interest Rate/12, n, # of repayments, debt principle) You can also calculate the monthly interest repayment using the following formula: Interest Amount Month n = (Outstanding Balance Mount n) * (Effective Annual Interest Rate) / 12.
What is the effective interest rate?
The effective interest rate is the annualized rate that is charged for debt financing (or made by investing) which takes into account the compounding effect. As an Investor you will receive every month a repayment which includes monthly principle repayment plus monthly interest return. The monthly interest return is calculated every month as the agreed interest rate on the outstanding principle. The outstanding principle is the amount you invested minus all the monthly principles already repaid to you.
What is the annual percentage rate(APV)?
The annual percentage rate is the annual rate that is charged for debt financing (or made by investing), expressed as a single percentage number that represents the actual yearly cost of funds over the term of a the debt. If the investor invests 10,000 SGD in a 12 month debt with 10% annual percentage rate and monthly repayment, the monthly interest amount is calculated at 10% of the principle such as: month 1 return = (10% on 10k SGD)/12, month 2 return = (10% of 10k SGD)/12, month 3 return = 10% of SGD 10k SGD)/12, etc.
Can I Withdraw/modify my investment Bid?
Investors can cancel or modify their investment bids at any time during the cooling off period. You can cancel/modify your investment bid from the My Investments section of the website. After a cooling off period, you will not be allowed to cancel or modify your investments.
Can I withdraw my investment?
You will be able to withdraw your Available Balance ( committed amount is excluded) from your online account any time after 1 month from your first topup.
Which legal documents do I get as an Investor in a Loan on Crowdo Indonesian Platform?
In Indonesia only, you will have a Participation Agreement where you appoint Crowdo as your agent for that specific investment and a Debt Note which constitutes the actual loan agreement between you and the borrower.
Which legal documents do I get as an Investor in a Loan on Crowdo Singapore Platform?
When you make investment, you will be able to access the Terms & Condition of Application, Escrow Agent Agreement and receive an Application Form on your dashboard. After the offer is fully funded, you will receive a Notes Certificates and other transaction related legal documents on your dashboard.
I have zero balance, can I still bid?
Yes. You will be prompted to top up your account balance in order for the bid to be confirmed.
How do I top up my account?
To be able to Top Up your account you need to be an Investor Member. If you are an Investor you can click on "My Account" and "Top Up" to find the instructions to top-up your online account. To top-up you need to: 1 - Transfer the amount you want to add to your online account to a designated bank account via regular bank transfer. In the transaction description add your online account number which you can find in the Top Up page. Minimum top up amount is IDR 2,000,000 for the Indonesia platform, and minimum SGD 10,000 for the Crowdo International platform. 2 - Scan or take a picture of the proof of payment and uploaded to you online account in the Top-Up page. 3 - As soon as your transfer is confirmed your account balance will be updated accordingly.
How is the collateral handled?
The collateral is pledged by the Borrower before the funds are disbursed. The collateral is always safeguarded by one of our trusted partners who has secure facilities for collateral management. The collateral is returned to the Borrower upon completed and successful repayment of the debt.
How is Loan-to-Value % of the collateral calculated
he value of the collateral is evaluated at the time of financing application by a professional with relevant experience in assessing same / similar assets. The LTV is calculated as a % of the collateral assessment taking into account the quality of the asset, any Issuer historical repayment performance and other factors.
Are there any fees when I withdraw my money?
Crowdo does not charge any fee if you withdraw your money but the amount you receive would be nett of bank transfer fees. The amount of the transfer fee will depend on the type of transfer as well as the fee of your local banks.
For investments through Crowdo's Indonesian platform - what is the tax implication for Indonesia Tax Resident Investors?
(Note: The following does not constitute, nor should be considered as tax or investment advice. Investors must consult personally with their tax advisor to understand the tax implications most relevant to their personal situation.) Generally, income derived from transactions processed through the platform are subject to tax. For Indonesia Tax Residents, the reference tax rate is 15% (income tax) applied to the interest earned from their investment returns. In order to incorporate this income into your tax reporting efficiently, Investors should consider engaging with a tax consultant.
For investments through Crowdo's Indonesian platform - what is the tax implication for Non-Indonesia Tax Resident Investors?
(Note: The following does not constitute, nor should be considered as tax or investment advice. Investors must consult personally with their tax advisor to understand the tax implications most relevant to their personal situation.) The interest payments from borrower(s) to Non Indonesian Resident investors would be deemed as income originated in Indonesia and subject to withholding tax. The liability to withhold rests with borrower. Therefore, in connection with the loan, there should be no Indonesian tax implications for Non Indonesia Resident Investors.
For investments through Crowdo's International platform - what is the tax implication for Singapore Tax Resident Investors?
(Note: The following does not constitute, nor should be considered as tax or investment advice. Investors must consult personally with their tax advisor to understand the tax implications most relevant to their personal situation.) According to Inland Revenue Authority of Singapore (IRAS), interest income from loans to companies are taxable at progressive tax rates for tax residents.
For investments through Crowdo's International platform - what is the tax implication for Non-Singapore Tax Resident Investors?
(Note: The following does not constitute, nor should be considered as tax or investment advice. Investors must consult personally with their tax advisor to understand the tax implications most relevant to their personal situation.) For non-tax residents, tax rates are generally at 15% and subjected to withholding. The tax rates could differ on a case-by-case basis e.g., tax treaties.
What is the Exchange Rate Risk?
Exchange rate risk or currency risk is a form of risk that arises from the change of exchange rate of one currency against another. These fluctuations result from the unpredictable gains and losses incurred when profits from foreign investments are converted from the foreign currency into investor's currency. For example, if your money denomination is not SGD when you invest in SGD loans your investment is exposed to exchange rate risk.
What is a Material Adverse Change?
Please refer to related section in Membership Agreements.
How will I be notified of a Material Adverse Change?
All notifications will be sent out electronically via the email contact provided by the Investor member and also posted on the Offer page. The notifications will be sent out by the Crowdo Team
What happens in the event of a Material Adverse Change?
Please refer to related section in Membership Agreements.
How will Investor make a return from investments?
Investors, who hold shares of a business, are entitled them to participate in selling off (for capital gains) when the business completes an IPO or a trade sell. In some cases, but rare, businesses will issue dividends to their shareholders.
When can I withdraw from my investment?
An Investor member can cancel their investment at any time during the cooling off period (up to 6 business days post transaction or such other period as may be agreed by the Issuer and Crowdo in writing). You can cancel your investment from the My Investments section of the platform.
Who has access to my investment during the Offer process?
During the Offer period, all Investor funds are kept in an escrow account under the care of the Fund Trustee. The Fund Trustee has specific instructions on when it is allowed to release funds to the Issuer (When the Offer is successful), and when it must facilitate the return of funds to the Investors (When the Offer is unsuccessful). The Issuer does not have any access to the funds during the Offer period.
What is the term All-or-Nothing?
All-or-Nothing means that the Issuer only gets access to the Investor funds if it has fully achieved its target fundraise amount, or exceeded it in cases where oversubscription is valid and within the Offer period.
Will I always become a direct shareholder in the Issuer?
An Issuer has a choice of either direct shareholding and/or shareholding via a nominee. This information will be posted on the Offer and should be taken it into consideration before making an investment.
What is a Nominee and what does it mean for my shareholding?
Under a nominee structure, the nominee will be reflected on the Issuer's shareholder registry and the Investor will become the ultimate beneficiary owner (UBO) of the Issuer shares via the nominee. The nominee's role will be to represent the UBOs at the Issuer's AGMs and other events which require shareholder representation and input.
How much money can I raise through Crowdo's Crowdfunding with Debt platform?
The limit for fundraising in Crowdo International Platform must fit within the prospectus exemptions. For Indonesia, a Borrower may raise up to 2 Billion IDR.
Who is eligible to raise funds on Crowdo's Crowdfunding with Debt platform?
For Crowdo Indonesian Platform, all businesses incorporated in Indonesia and every Indonesian citizen is eligible to raise funding. For Crowdo's International Platform, most businesses worldwide are eligible to raise funding.
If I submit a Loan application, is it published right away on Crowdo's P2P website?
No. Each submitted fundraising request will need to be vetted by the Crowdo team before being published on the website.
What do I give Investors in exchange for their investment(s)?
If the fundraising is successful and you manage to raise your target amount (principle), you are expected to repay to the investors the debt principle amount + interest, according to the pre-agreed repayment schedule and interest rate.
Can I raise funds as a Loan?
Yes. For loans, please visit https://p2p.crowdo.com/
Am I able to get the investments as soon as they are committed by the Investors?
No. Before each Loan is published, the Borrower is required to set the duration of the fundraising period. You are only allowed to access Investor Funds if you achieve your base target amount in Investor commitments before the expiry of your fundraising period. If you do not achieve your base target amount, the funds are returned to the investors
How long do I have to reach my target fundraise amount?
You can set your funding period to any time between 10 to 45 days. This duration is decided before the launch of your fundraising loan.
Will everyone be able to see the information posted on the website?
All approved and registered members on the platform will be able to view the published offer information on the Indonesian Platform while only accredited investors and institutional investors can view the offer information on Crowdo's International Platform.
Is Crowdo going to do all or most of my Loan marketing for me?
No. As one of SE. Asia's longest running platforms, you will have the benefit of getting exposure to our existing community base. However, we do not act as promoters for individual Borrowers.
Can I raise more than my Loan target amount?
You can set both a base target amount and maximum target amount. You will be eligible to access the funds once the base target has been achieved.
How do I start?
To be approved as an Borrower on Crowdo, you will need to undergo a vetting process and also submit to us a set of business and financial information. To begin the application process, signup and login to the website and click on the "Get a Loan" link.
If a Loan fundraising is successful, how do Borrowers receive their money?
If the fundraising loan is successful, the gross raised amount will be transferred to the bank account you have specified during the loan application process.
Can I ask for more than 1 loan simultaneously?
Yes, you will be allowed to have more active loans if you have good repayment records of existing or past financing activities.
I've found investments from another source. Can I add it to my total?
Yes, please notify the Crowdo Team and after we have seen the relevant evidence and documentation, we can add it to your total.
Is Crowdo involved throughout the fundraising period?
While Crowdo provides end-to-end support throughout the fundraising period, the Borrower is expected to take responsibility and leadership in promoting its fundraising in compliance with local regulations.
What fees are charged to the Borrower?
Basic fees charged to Borrower are processing fees and an administrative fee calculated based on the effort required to onboard and vet the financing application.
How will Crowdo help me in my fundraising process?
Before the launch of your fundraising loan, Crowdo will assist you in preparing your loan fact sheet. After your fundraising loan has been published, Crowdo may choose to publish your fundraising loan on our newsletter to our membership base.
What is Crowdo involvement after a successful fundraising?
Crowdo will provide infrastructure support to help collect the repayments from the Borrower and distribute it to the investors. The status of the repayment process will be updated and visible on the website.
What is the tax implication for Indonesian-based Borrowers?
(Note: The following does not constitute, nor should be considered as tax or investment advice. Investors must consult personally with their tax advisor to understand the tax implications most relevant to their personal situation.) For Indonesia: If the Issuer borrows from Indonesia Resident Investors there is no applicable tax arising specifically from the loan as long as it is recognized as an expense and the money are loaned by Indonesia Resident Investors. However, if the borrower defaults on their loan, they will be required to recognize the loan as income on their tax reporting. If the Borrower borrows from Non Indonesia Resident Investors, the interest payments from borrower to Non Indonesian Resident investors would be deemed as income originated in Indonesia and subject to withholding tax of 20% (domestic) or 10% under most of Indonesia's DTAs. The liability to withhold rests with the borrower.
What is the tax implication for Singapore-based Borrowers?
For Singapore-based Borrowers: If the Borrower raises financing from Singapore Resident Investors there is no applicable tax arising specifically from the loan as long as it is recognized as an expense and the money are invested by Singapore Resident Investors. If the Borrower raises financing from Non Singapore Resident Investors, the interest payments from both Borrower to the Non Singapore Resident investors would be deemed as income originated in Singapore and subject to withholding tax of 15%. The liability to withhold rests with the Borrower.
Who is eligible to raise funds on Crowdo's Crowdfunding with Equity platform?
For Crowdo International Platform: Crowdo's aim is to facilitate fundraising for any company and venture capital fund anywhere in the world. For more details on eligibility, please review our Issuer Membership Agreement. For Crowdo Malaysia Platform: To be eligible to raise funding, you must be a Sdn Bhd (private limited company) incorporated in Malaysia with a paid up capital of less than 5 mn MYR or a Venture Capital Fund registered with the Securities Commission of Malaysia.
How much money can I raise through Crowdfunding with Equity?
For Crowdo International Platform: No limit. For Crowdo Malaysia Platform: a Sdn Bhd (private limited company) can raise up to 3mn MYR during a 12 month span and cumulatively 5mn MYR. A Venture Capital Fund can raise unlimited amounts of funds.
If I submit an offer, is it published right away on the Crowdfunding with Equity website?
No. Each submitted Offer will need to be vetted by the Crowdo team before being published on the website.
What do I give Investors in exchange for their investment(s)?
If the Offer is successful, you are expected to issue shares in accordance with your Offer details.
Can I raise funds as Equity investment?
Yes, to see more information about Crowdfunding with Equity, please visit investment.crowdo.com.
Am I able to get the investments as soon as they are committed by the Investors?
No. Before each offer is published, the Issuer is required to set the duration of the fundraising period. You are only allowed to access Investor funds if you achieve your base target amount in Investor commitments before the expiry of your fundraising period. If you do not achieve your base target amount, the funds are returned to the Investors.
How long do I have to reach my target fundraise amount?
You can set your funding period to any time between 10 to 45 days. This duration is decided before the launch of your fundraising offer.
What am I expected to do during the Offer period?
For Crowdo Malaysia Platform: The Issuer is encouraged to actively market and promote their Offer via various social media, digital, events and other marketing channels to raise awareness with prospective Investors and convince them to invest in your business. For Crowdo International Platform: No public marketing is allowed during the Offer period. However, Issuer is encouraged to pitch to Investor during Events.
Will everyone be able to see the information posted on the website?
While we encourage Issuers to disclose as much information as possible to promote transparency and raise awareness with prospective Investors, the Issuer will be able to choose information that it may only wish to disclose on an individual request basis.
Is Crowdo going to do all or most of my Offer marketing for me?
No. As one of South East Asia's longest running crowdfunding platforms, you wil gain exposure to our existing Investor community base. However, we do not act as promoters for individual Offers.
If an offer is successful, how do Issuers receive their money?
During the Offer period, all Investors' funding commitments are managed by a non-Crowdo third party Trustee. The Trustee will liase with all involved parties including the Issuer, Crowdo and the Issuer's corporate secretary to ensure a smooth exchange of funding and shares.
Can I create more than 1 offer simultaneosly?
No, each Issuer may only have one active Offer at any point of time.
Can I run one Offer concurrently off of multiple Crowdfunding with Equity platform?
No, each Issuer may only have one active Offer at any point of time.
Can I invest in my own offer?
Yes, absolutely provided you have the funds to invest. Any indication of Offer manipulation may result in your Offer being suspended, modified or cancelled.
I've found investments from another source. Can I add it to my total?
Yes, please notify the Crowdo Team and after we have seen the relevant paperwork, we can add it to your total.
What are Offer updates?
Each Issuer will have a dedicated section on their Offer page to share progress the Issuer is making to prospective and participating Investors. It is a great tool to raise visibility and credibility about your business.
Is Crowdo involved throughout the fundraising period?
While Crowdo provides end-to-end support throughout the Offer period, the Issuer is expected to take responsibility and leadership in promoting its campaign, increase public awareness and also actively participate in Investors communication.
What fees are charged to the Issuer?
Basic fees charged to an Issuer are processing fees, onboarding fees and an administrative fee which is charged as a % of the funds raised.
How will Crowdo help me in my fundraising process?
Before the launch of your Offer, Crowdo will assist you in customizing your Offer marketing plan. After your Offer has been published, Crowdo may choose to publish your Offer on our newsletter to our membership base.

Our fee varies by the country of origination.
Please refer below for our fee schedules:

SINGAPOREINDONESIAMALAYSIA