Crowdfunding

PitchIN’s First ECF Exit with MyCash Online Gives its Investors 44.2% Returns

A group of MyCash Online investors have recently accepted a buyout offer for their shares from VC company 500 Startups. The offer, which gave them 44.2% returns over two years since the ECF deal, was made alongside an investment by

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Ata Plus Sees First Successful Equity Crowdfunding Exit with Skolafund

Skolafund, a crowdfunding platform for students in need announced that it has been completely acquired by one of Asia’s biggest donation crowdfunding platforms. Skolafund successfully fundraised on the Ata Plus Equity Crowdfunding (ECF) platform in February 2017. The deal reportedly

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Securities Commission Malaysia Announces 8 New Licenses for Crowdfunding and P2P Lending

Securities Commission Malaysia today announced 3 new licenses for equity crowdfunding and 5 for P2P lending. This new batch sees names that are familiar to those in the startup scene and some new names. The new equity crowdfunding players are;

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How is Malaysia’s Equity Crowdfunding Scene Doing in 2019?

Equity crowdfunding in Malaysia was brought to the mainstream when Securities Commission Malaysia became one of the first within the region to introduce guidelines to regulate the space. It is part and parcel of the regulator’s strategy to provide a

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PitchIN Owns 75% of The Equity Crowdfunding Market in 2018

At the pitchIN ECF Report 2018, CEO Sam Shafie revealed that the company has retained their position as the leading equity crowdfunding operator in 2018, in terms of successful campaigns raised. The number of successful deals done by the entire ECF

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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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