Roshi Singapore Review & Loan Comparison (2026)
Looking for Roshi?
This page provides an independent, in-depth review of Roshi Singapore, explaining how the platform works, what borrowers should expect after applying, typical interest rates, safety considerations, and how Roshi compares with other alternatives.
What is Roshi?
Roshi is an online loan marketplace platform in Singapore that helps borrowers access and compare loan offers from multiple providers. It connects borrowers with over 40 banks and licensed lenders through a single application (via SingPass). Unlike a direct lender, Roshi acts as an intermediary matching you to suitable personal loans (as well as business and home loans) based on your profile.
Borrowers commonly use Roshi to:
Compare personal loan options from both banks and licensed money lenders in one go
Avoid the hassle of approaching multiple lenders individually
Potentially refinance or find consolidation loans with better terms
Leverage a one-stop platform for personal, home, or even business loan needs
The platform emphasizes convenience and breadth of choice. It even offers extra perks to users, such as cashback rewards (up to ~1% of the loan amount) on successful loans and a price-beat guarantee if you can prove a better offer from another platform. Roshi also advertises a quick “5 minutes approval” process for preliminary loan offers, highlighting its focus on speed and user experience (final loan disbursement still depends on lender processing).
How Roshi Works (Step-by-Step)
Online Application
To begin, borrowers submit personal and financial details such as income range, employment type, and loan amount.
Loan Marketplace Matching
Roshi matches the borrower’s profile with suitable partner lenders based on lender-defined eligibility criteria.
Lender
Follow-Up
If matched, borrowers may be contacted by one or more lenders to continue the application, provide documents, and confirm final loan terms.
Approval & Disbursement
Final approval, interest rates, and loan disbursement are handled entirely by the lender — not by Roshi.
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Is Roshi Legit and Safe in Singapore?
Yes. Roshi operates as a licensed loan comparison platform and works only with regulated banks, licensed moneylenders, and financial institutions in Singapore. It does not lend money directly or approve loans itself; instead, it facilitates a secure matching process between borrowers and vetted lenders.
Key points regarding safety and legitimacy include:
Roshi itself does not lend money.
Final loan terms are determined by the lender.
No upfront fees. It is free for borrowers to use Roshi.
Any credit checks are conducted by lenders, not the platform.
Overall, Roshi is a legitimate fintech service in Singapore. It was established in 2022 and has since gained traction as a convenient loan marketplace. As with any financial service, users should exercise common sense – e.g. double-check lender offers and terms – but the platform itself is a safe starting point for loan comparisons.
Which Type of Borrower Is Roshi Best For?
Roshi may be especially suitable if you are:
Comparing Wide Options: A borrower who wants to see a broad range of loan offers (including banks and licensed moneylenders) side-by-side. If getting a comprehensive view of the market easily is your priority, Roshi provides that breadth.
Deal-Hunting: Someone who appreciates getting the best deal via promotions. Roshi’s cashback rewards and Price Beat Guarantee appeal to borrowers who are looking to save on interest or get extra perks like vouchers with their loan.
Tech-Savvy and Independent: Comfortable using an online dashboard to manage your loan search. If you prefer a self-service approach – reviewing multiple offers on your screen and picking the best one yourself – Roshi’s interface is designed for that.
Roshi’s strength is giving you many choices; for some borrowers, that breadth might feel like complexity, especially if you value a more streamlined, privacy-first process.
Roshi vs Other Loan Comparison Platforms
This comparison is based on publicly available information and typical borrower experiences across loan platforms in Singapore.
| Feature | Roshi | PickMeALoan |
|---|---|---|
| Platform role | Real-time loan marketplace (aggregator) connecting borrowers to many lenders | AI-powered loan matching & filtering platform |
| Lender matching | 40+ partner banks and licensed lenders (broad network) | Curated network of lenders matched by AI (profile-filtered) |
| Application Process | Single SingPass-powered application; offers appear on dashboard in minutes | Single Singpass application with AI; instant eligibility checks and upfront rate estimate |
| Interest rate visibility | Actual personalized offers shown on platform (rate confirmed when lender responds) | Upfront indicative rates provided; platform prioritises matching the lowest possible rate |
| Credit checks by platform | No, only lenders perform credit checks during final approval | No, any credit inquiry only by the eventual lender |
| Best suited for | Seeing as many options as possible, including bank & moneylender deals (comprehensive comparison) | Getting the lowest interest with minimal hassle, fast approvals, and data privacy |
PickMeALoan uses AI to match borrowers only with lenders they are most likely to qualify for, prioritising competitive rates and borrower privacy. In contrast, Roshi’s marketplace model casts a wider net – which means more offers to consider, but also potentially more interaction before you find “the one.”
Each approach suits different preferences: Roshi for breadth and transparency of choice, PickMeALoan for speed and simplicity.
When Roshi May Be the Right Choice
Roshi may be suitable if:
You don’t mind managing a few extra steps in exchange for a more complete view of the lending market.
You are the type of borrower who wants to ensure you’ve seen every possible offer
Maximising value is your goal, platform’s unique rewards (cashback, vouchers) and broad lender base can be very attractive
Borrowers who prefer a more streamlined or hands-off experience might lean toward alternatives like PickMeALoan. It comes down to whether you value having lots of options (Roshi’s strength) versus having the most relevant option handed to you with minimal effort (PickMeALoan’s promise).
An Alternative for Borrowers Who Prioritise Lower Interest Rates, Faster Approvals, or Privacy-First Matching
Not every borrower wants to speak to multiple lenders before knowing whether a loan is realistically suitable.
Some prioritise lower interest rates, others value faster approvals, while some prefer a privacy-first loan-matching approach that limits unnecessary follow-ups.
Platforms like PickMeALoan are designed around these preferences.
Lower Interest Rates
PickMeALoan operates as an AI-managed digital platform, reducing acquisition and operational costs for lenders.
Lower costs allow lenders to offer more competitive interest rates to eligible borrowers.
Faster Approvals
AI automation replaces manual processing and hand-offs, allowing loan matching and assessment to happen almost instantly.
This significantly shortens approval timelines compared to traditional workflows.
Privacy-First Matching
Borrower information is shared selectively with relevant lenders, rather than broadcast widely.
This reduces callbacks, limits data exposure, and keeps the process discreet.
Frictionless, WhatsApp-First Experience
Offers are reviewed and progressed privately via WhatsApp, without portals, repeated logins, or pressure calls.
Borrowers can move forward quickly, at their own pace.
Frequently Asked Questions
Clear answers to help you secure the best personal loan deals in Singapore.
What is Roshi and is it a lender?
Roshi is a loan comparison platform that connects borrowers with banks and licensed lenders in Singapore. It does not issue loans directly. Instead, Roshi helps you find and apply for loans offered by its partner financial institutions, based on the information you provide.
Think of Roshi as a matchmaking service for loans – you apply through Roshi, and it forwards your application to relevant lenders who then make loan offers.
Is Roshi legit and safe to use in Singapore?
Yes, Roshi works with regulated banks and financial institutions in Singapore. Loan approvals and terms are determined by the lender, not the platform itself.
The service is free to use, and Roshi only partners with licensed, reputable lenders. In practice, this means any loan you take via Roshi will come from a legitimate source under Singapore’s legal framework.
Always be sure to borrow within your means and read the loan contract from the lender, but the platform itself has proper safeguards and credibility.
Does applying through Roshi affect my credit score?
No, applying on Roshi will not directly affect your credit score. Roshi itself does not perform credit checks.
Any credit assessment is carried out by the lender during the loan application process, typically after you choose a specific loan offer to proceed with.
In other words, you can obtain and compare preliminary loan offers on Roshi without a hard inquiry on your credit report. Only when you move forward with a lender and formally apply for the loan will a credit check occur.
Why do some borrowers receive multiple calls or messages after using Roshi?
Because Roshi works with multiple partner lenders, borrowers may be contacted by more than one institution if they match several lenders’ criteria and choose to engage with those offers.
When you submit a request on Roshi, it’s possible to get several loan offers. If you show interest or need to provide additional details, representatives from those respective lenders might reach out to you (via phone or WhatsApp) to follow up.
This is a normal part of the comparison process – essentially, multiple banks or lenders are competing for your loan. You can always decide to focus on one offer to reduce the number of calls, or use Roshi’s dashboard to manage communications.
How does Roshi compare with other loan comparison platforms?
Roshi focuses on broad loan comparisons with a real-time marketplace approach, while some alternative platforms prioritise fewer, more targeted matches. For example, Lendela and Lendingpot also let you submit one application to get multiple offers, but their process might involve coordinated callbacks or an agent’s assistance.
PickMeALoan, on the other hand, uses an AI-driven approach to instantly filter and show you one or two optimal options (emphasising speed and privacy).
Each platform has its pros and cons. Roshi gives you a wide overview and extra perks like cashback, which can be great if you want to maximise options and value. Others might give a quicker, streamlined experience with potentially fewer but very competitive offers.
Each approach suits different borrower preferences – there’s no one-size-fits-all, so consider what matters most to you.
Final Thoughts
If you’re researching Roshi, it’s important to understand how the platform works and how it stacks up against alternatives so you can make an informed borrowing decision. Roshi offers a compelling service for those who want to conveniently explore numerous loan options in one place. Its real-time loan marketplace model can save you time and potentially money, especially if you take advantage of its cashback and rate-matching perks.
Before applying, consider:
Your Comfort with Multiple Offers: Are you okay with juggling offers from different lenders and the communication that comes with that? If you prefer to speak with just one bank or have one dedicated agent, Roshi’s multi-offer system might feel overwhelming. On the flip side, if you love the idea of having many choices, you’ll appreciate Roshi’s format.
What Matters Most (Rate, Speed, or Privacy): If securing the absolute lowest interest rate or getting extra rewards is a top priority, Roshi could be very useful (since lenders may try to outbid each other, and you have that cashback incentive). However, if you value speed and simplicity over shopping around, a platform that immediately pinpoints one best offer might suit you better.
Your Eligibility Profile: No matter which platform you use, your income, credit rating, and existing debts will play a big role in the quality of loan offers you receive. Make sure your expectations (for loan amount, interest rate, etc.) are realistic for your financial profile. Roshi can present options, but it can’t perform miracles if, say, your credit score is low or debt is high – you might still only qualify for certain rates or amounts.
Ultimately, Roshi is a strong option in Singapore’s loan comparison scene. It puts the power in your hands to compare and choose. If you’re unsure which loan platform suits your needs best, there’s no harm in exploring more than one – comparing loan offers before committing can help you decide more confidently. Happy borrowing!
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