Lending

Funding Societies Teams with Carsome to Offer USD $200m Financing to Car Dealers

Funding Societies Malaysia, the largest peer-to-peer (P2P) financing platform in the country and Southeast Asia, has announced its partnership with Carsome, one the region’s largest used car trading platform to offer dealer financing, a financing product offered to local car

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AlixCo P2P Financing Launches Business Financing for Malaysian Womenpreneur

While women entrepreneurship is on the rise, it is not without its struggles, women-led startups are still not getting funded as much as their male counterparts. Cognizant of that fact, AlixCo P2P Financing announced the launch of a P2P financing

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EdgeProp First Property Crowdfunding to Receive Approval in Principle from SC

The Securities Commission Malaysia (SC) today announced that it has registered EdgeProp Sdn Bhd (EdgeProp) as the first Recognised Market Operator to establish and operate a property crowdfunding platform in Malaysia, following the revision of the SC’s Guidelines on Recognised

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P2P Financing Platform Fundaztic Launches Capital Protection Scheme

Fundaztic a peer to peer (P2P) financing platform approved by the Securities Commission Malaysia announced today the introduction of Principal Protect. The Principal Protect scheme is offered by Fundaztic in a bid to enhance investor trust and confidence by providing

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GHL to Offer Lending Services in Malaysia and Thailand

GHL announced today that they have obtained their operating licences from the respective regulators in Malaysia and Thailand to commence money lending services. The licences were issued by the Ministry of Housing and Local Government (Money Lending Licence under the

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CIMB and Axiata Teams up To Offer Financing Solutions to 700,000 SMEs

CIMB Group has entered into a partnership with Axiata Digital Capital to help 700,000 SME customers in Malaysia and Indonesia to access financing solutions. This will be done through Axiata Digital Capital’s micro lending platform, Aspirasi. Victor Lee, CEO Commercial

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GHL to Offer Installment Payment Solution to 2,000 of Its Online Merchants

GHL Systems Berhad announced today that will be teaming up with Splitit Payments to offer the latter’s installment solutions to 2,000 of its online merchants in Malaysia, Thailand, Indonesia, and Philippines. GHL is one of the top merchant acquirers in

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Funding Societies Teams Up with Lazada to Provide Financing for Online Merchants

Funding Societies Malaysia, the largest digital Peer-to-Peer (P2P) financing platform in the country, announced today its partnership with Lazada Malaysia to offer short-term financing, e-commerce financing, for merchants selling on Lazada platform. A reflection of Funding Societies and Lazada’s mutual

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Why are Malaysian Proptech Companies Looking into Fintech?

There’s seems to be a trend emerging in Malaysia, in 2019 we’re seeing a surge of proptech firms embracing fintech. Earlier this month, iProperty released a home loan eligibility indicator called LoanCare, an online tool that compares and calculates home

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UOB Launches an App That Matches Property Buyers with Mortgage Bankers

UOB Bank just launched an app that matches prospective property buyers with the bank’s team or mortgage specialists. Named UOB GetBanker, the app allows a property buyer or agent can search for a mortgage banker based on whether they are

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