Crowdfunding

Singaporean Fintech Fundnel Becomes 7th ECF Platform Approved in Malaysia

Singapore-based equity crowdfunding platform Fundnel has expanded to Malaysia. The announcement follows Fundnel’s appointment as a Recognised Market Operator by the Securities Commission Malaysia. Fundnel Malaysia aims to provide a comprehensive suite of capital raising services, targeted at local unlisted

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It Only Took Fundaztic 38 Minutes to Raise RM3 Million on pitchIN

Peoplender, the company behind the Fundaztic P2P Financing platform, has become the fastest ever funded equity crowdfunding deal in Malaysia. The company raised RM3 million in just 38 minutes on pitchIN. 64 investors put in the maximum allowed RM3 million

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P2P Lending Player Fundaztic to Raise RM3 Million Through pitchIN

Fundaztic announced that they will be raising RM 3 Million via equity crowdfunding platform, pitchIN — which is the maximum sum permitted by Securities Commissions Malaysia to be raised on an equity crowdfunding platform. This is perhaps the first time

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7 Fishy Things We Noticed When Looking into Dato’ Vida’s LaVida Coin

The LaVida Coin is the latest ICO launched by Datuk Seri Hasmiza Othman or better known as Dato’ Vida, beauty mogul and a divisive figure in Malaysia. Perhaps because of Dato’ Vida’s reputation as a successful businesswoman, the LaVida Coin

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Funding Societies Partners with Curlec, Automates Monthly Repayment to Investors

Funding Societies,  a Peer-toPeer (P2P) financing platform in Malaysia, has announced a partnership with Curlec, a homegrown FinTech company specialising in direct debit payments. Funding Societies will be the first partner to adopt Curlec’s online Direct Debit system. With an

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3 Malaysian Crowdfunding Projects That Are Shaped by Nationalism

I’ll admit, I wasn’t a believer of the Tabung Harapan crowdfunding campaign when it initially went up. I didn’t think a crowdfunding scheme with no return of investment could ever amass enough donations to justify its existing. RM153,445,814.86 in donations

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Is Khalid Samad’s Harapan Coin ICO Legitimate?

Both the political and the cryptocurrency spheres alike are talking about the Harapan Coin, a donation token endorsed by Khalid Abdul Samad—our current Federal Territories Minister. It was created as a fundraising coin for the Pakatan Harapan coalition to combat

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SC Opens Up Application For New P2P Lending and ECF Players

Tan Sri Ranjit Singh announced that the Securities Commission Malaysia will be widening access to alternative based investing avenues like Peer-to-peer (P2P) lending and Equity Crowdfunding as a part of their continued effort to democratise access to investment and fostering

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Fintech in Malaysia 2018 – January News Roundup

Malaysia’s fintech scene is becoming increasingly active, it is sometimes difficult to keep track of all the important events, we figured it might be useful to our readers to do a summary. Here are some news roundup for the month

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RM 14 Million Raised: pitchIN Leads Malaysia’s Equity Crowdfunding with 60% Market Share

Malaysia’s equity crowdfunding scene is becoming increasingly vibrant, during the pitchIN Equity Crowdfunding Report 2017 event, the crowdfunding platform announced that they ended 2017 with 60% market share closing at a total of RM 14,022,132 with 12 issuers.   Sam

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