Crowdfunding
AMB Connect Gets SC’s In-Principle Approval for Islamic Crowdfunding Platform
Local firm AMB Connect has secured the in-principle approval from the Securities Commission (SC) Malaysia to operate an Islamic equity crowdfunding platform. With this approval, the company will be able to provide alternative funding solutions for micro-small and medium enterprises
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pitchIN Academy Officially Launches to Educate Founders and Investors
Equity crowdfunding platform (ECF) pitchIN has launched the ‘pitchIN Academy’ that will serve as its educational arm. The academy is headed by Hanif Tamin, who previously served at SME Corp. The academy aims to offer practical and easy-to-understand educational programmes,
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Xelia Tong Takes the Helm as COO at pitchIN
Equity crowdfunding platform (ECF) pitchIN has named Xelia Tong as it Chief Operating Officer (COO), effective 1 September 2023. In her new role, Xelia will be responsible for the overall operations of pitchIN that include its ECF and Initial Exchange
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pitchIN Ties up With MRANTI for 3-Day Accelerator Programme
Equity crowdfunding platform (ECF) pitchIN has tied up with Malaysian Research Accelerator for Technology & Innovation (MRANTI) for its 3-day Fundraising Accelerator (FA) programme that will take place on 24 to 26 July 2023. This specialised programme equips founders with
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MyStartr Raises RM4.7 Million Ahead of Secondary Market Entry This Year
Malaysian equity crowdfunding (ECF) platform MyStartr has raised RM 4.7 million through a Fundnel campaign led by 431 investors to support its entry into the secondary market this year. MyStartr has also received an additional RM931,250 from the Malaysia Co-Investment
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MyStartr’s Ongoing Crowdfunding Campaign on Alta Raises RM1.9 Million
Malaysian equity crowdfunding platform MyStartr has launched its own crowdfunding campaign on its counterpart’s platform Alta, formerly known as Fundnel. MyStartr’s campaign has raised over RM1.9 million to date from 189 investors and has reached 95.5% of its fundraising target.
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Fundaztic Raises RM16 Million in Less Than Two Weeks on pitchIN
Peoplender, the company behind the Fundaztic P2P financing platform, has raised more than RM16 million on Malaysian equity crowdfunding platform (ECF) pitchIN’s platform. According to pitchIN, the campaign was oversubscribed in less than 2 weeks and is one of the
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Crowdfunding Platform Fundnel Launches Its Refreshed Brand Alta in Malaysia
Singapore-based equity crowdfunding platform Alta, previously known as Fundnel, has announced the official launch of its refreshed brand in Malaysia. The announcement follows Alta’s acquisition of private digital securities exchange Hg Exchange (HGX) in November this year. The launch will
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ECF and P2P Lending Has Helped Malaysia’s MSMEs Raise Over RM 2.7 Billion in Financing
In Malaysia, business financing through peer-to-peer (P2P) lending and equity crowdfunding (ECF) is on the rise, with a growing number of micro, small and medium-sized enterprises (MSMEs) turning to digital platforms to secure capital, and more investors embracing the trend
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Ethis and Gobi Partners to Set Up Shariah-Compliant US$20 Million Seed Fund
Ethis Group, an ethical investment and social finance platform operator, is collaborating with venture capital firm Gobi Partners to structure and set up a US$20 million Shariah-compliant seed fund. The fund, which is targeted to have its first closing by
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