Boost Bank, Malaysia’s first homegrown digital bank, has disbursed close to RM150 million in financing to hundreds of SMEs in Malaysia.

The average loan size of around RM300,000 reflects growing demand for accessible business funding.

The financing has been extended through the bank’s Term Loan and Revolving Credit facilities, which are designed to offer simplified application processes, quicker approvals, and flexible repayment terms.

The financing has helped SMEs meet operational needs, manage cash flow, and scale their businesses with greater ease.

SMEs across various industries—including wholesale, manufacturing, retail, construction, and food and beverage—have benefited from the bank’s support, particularly those traditionally underserved by conventional lenders.

Boost Bank shared that it was the first digital bank in Malaysia to launch financing solutions exclusively for SMEs.

It plans to introduce a dedicated digital platform later this year to help small businesses not only access financing but also manage payments, cash flow, and operations from a single interface.

Fozia Amanulla, CEO of Boost Bank, said,

“Reaching this milestone is not just about hitting a target. It’s about showing what’s possible when financing is made simple, accessible, and built around the real needs of business owners. This also reflects how fast digital solutions are reshaping the way businesses operate.

At Boost Bank, we’re committed to supporting SMEs not just with financing, but also with the right tools and services to help them run and grow their businesses confidently in the digital age.”

Featured image credit: Edited from Freepik