Crowdfunding

MoneySave Completes P2P Crowdfunding in 95 Seconds for Malaysian Online Grocer

MoneySave, a local peer to peer (P2P) crowdfunding platform, announced that they have achieved what they claim to be the fastest Malaysian P2P crowdfunding for Potboy, a homegrown online groceries platform. The record was achieved in 95 seconds, starting from

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pitchIN Exceeds RM 100 Million in a New Milestone for Equity Crowdfunding

pitchIN hit a new equity crowdfunding milestone today when it recorded RM100 million funds raised for companies this week. This figure was reached by successfully hosting 74 companies who raised capital from nearly 5000 investors since 2016. pitchIN is the

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Securities Commission Says Regulated Crowdfunding Markets Raised RM1 Billion

The Securities Commission Malaysia (SC) announced at its virtual SCxSC fintech conference that more than 2,500 Micro, Small and Medium Enterprises (MSMEs) have raised more than RM1 billion through the regulated crowdfunding markets of the Malaysian capital market. Since the

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ECF Platform Ata Plus Sees 15% Stake Acquisition from NASDAQ Listed Firm

Ata Plus, an equity crowdfunding platform approved by the Securities Commission Malaysia announced that GreenPro Capital Corp, a NASDAQ-listed firm has acquired 15% stake in the equity crowdfunding platform operator. According to its NASDAQ listing, Green Pro is incorporated in

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MTDC to Co-Invest up to 30% in P2P and ECF Campaigns with pitchIN and MicroLEAP

Malaysian Technology Development Corporation (MTDC) today signed two MOUs with pitchIN and MicroLEAP respectively to collaborate and cooperate in the areas of peer-to-peer (P2P) financing and equity crowdfunding (ECF). The collaboration enables MTDC to participate in equity crowdfunding investment and

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AXA AFFIN Life Organizes COVID-19 Crowdfunding Campaign to Help Frontliners

Following the outbreak of COVID-19 pandemic, the Personal Protective Equipment (PPE) used by frontline personnel was reported to upsurge by two to ten times, resulting in a major shortage of PPE supply. In response to the distress over the PPE

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Securities Commission Raises Equity Crowdfunding Fundraising Limits to RM 10 Million

Securities Commission Malaysia announced today the liberalisation of equity crowdfunding (ECF) limit to RM 10 million from the previous limit of RM 5 Million. This was announced during their Annual Report media conference which was held virtually. This is in

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MDEC Partners Crowdfunding and P2P Lending Platforms to Provide SMES Cash Flow Relief

The Malaysia Digital Economy Corporation (MDEC) today announced a partnership with seven crowdfunding operators to help entrepreneurs tide the economic challenges brought on by the COVID-19 onslaught. This announcement follows another partnership that MDEC has done with crowdfunding platforms to

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With Insurtech Demand Surging PolicyStreet Raises Funds Through Equity Crowdfunding

Despite the gloomy climate brought on by the COVID-19 outbreak, insurtech startup PolicyStreet is looking to fundraise through Equity Crowdfunding via pitchIN. In their statement, PolicyStreet shared that the insurance sector is seeing a “buzz of activities and has a

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MDEC Teams up with Crowdfunding Platforms to Raise Funds for COVID-19 Frontliners

While most Malaysians are practising social distancing and working from home due to the COVID-19 outbreak, our healthcare frontliners are braving risks to their health by battling against the COVID-19 virus to safe lives. These heroes are making personal sacrifices

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