P2P Lending: 17 months in

A lot has changed since I last updated my P2P lending endeavour (See: P2P Lending: 13 months in)

For one,  Funding Societies Malaysia has revamped the user interface of its mobile app on Android platform. The new interface gives more clarity and transparency regarding all facets of your P2P investments. And, it’s hard to deny that it looks splendid too.

At a glance, I can easily ascertain the performance of my P2P lending investment which, at the time of writing, is 11.93% per annum. This is a mild increase from the 11.84% since my last update in August 2018.

From the above screenshot (on the left), the dashboard of my account now clearly states “Total Income” which constitutes interest, late interest and bonus due to referrals.

From there, it is easy to determine that I’ve profited a total of RM440.48 of interest (inclusive of late interest). By comparing that to the interest received (including late interest), in August 2018, in the amount of RM271.81 (See:  P2P Lending: 13 months in), my returns increased by RM168.67 or a whopping 62%. This is achieved by consistently reinvesting all of the interest which I have earned since the onset of my investment in P2P lending through Funding Societies Malaysia. This exponential increase, to me, is a sound indication of the workings of compound interest.

In selecting a loan/note in which to invest, I either self-pick or use autobot. Autobot is a feature by Funding Societies Malaysia wherein you set your investment perimeters and your funds will be automatically invested in any loan/note that matches your perimeters. It is very helpful feature where time is constraint. On the other hand, when self-picking, I usually review the fact sheet of each loan/note and apply a number of considerations to ascertain whether the loan/note under consideration is viable for investment. See: P2P Financing Tips

And if you can’t already tell from the eye-catching information, which can be easily noticed from the left screenshot of the dashboard above, there are no defaults on my principal.

Spurred by much success from P2P Lending, through Funding Societies Malaysia, I did not hesitate to deposit additional RM2,000.00 into my account on 1 December 2018. As it stands, I’ve deposited a total of RM5,000.00 and intend to invest more, next year.

Until then, happy investing! Merry Christmas and a happy new year!


If you are new to P2P lending, or would like to add some diversity to your investment portfolio to include P2P lending, you’d be delighted to know that Funding Societies Malaysia has a referral program where they will top up an additional RM50.00, FOR FREE, into your account, once you have deposited and invested a minimum of RM1,000.00.

To participate in this promotion, please register an account via this LINK (be careful not refresh the link before completing the registration as it will affect the promotion code), or alternatively, use the promotion code: j1mzpcw5 when registering through Funding Societies Malaysia.


Click the link if you would like to know more about investing in P2P lending with Funding Societies Malaysia.

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