Lending

Fintech Players Welcome Malaysia’s New Online Lending Guidelines

The Ministry of Housing and Local Government unveiled last week a new guideline that will allow for licensed moneylenders to provide loans digitally. Zuraida Kamaruddin Minister of Housing and Local Government said that these new guidelines were released with microentrepreneurs

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Razer and Funding Societies Team up to Offer Merchants P2P Financing

Razer Fintech and Funding Societies today jointly announced a partnership to offer short-term business financing to merchants under Razer Merchant Services (RMS). According to their statement more than 20,000 micro, small, and medium enterprises in Malaysia first and subsequently across

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TM Selects CapBay as Fintech Partner for Vendor Financing Programme

CapBay, a P2P supply chain financing platform, became the first and only fintech selected to be part of Telekom Malaysia’s (TM) Vendor Financing Programme known as Perintis. CapBay said it will aim to provide fast, affordable and fair access to

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Fundaztic Partners With Lazada For Zero-Interest Financing for E-commerce Businesses

Fundaztic, a peer-to-peer financing (P2P) platform, partners with Lazada to deliver an interest-free financing program for Lazada sellers under the government’s ePENJANA initiative for Micro, Small and Medium Enterprises (‘MSME’). The initiative aims to support an estimated 30,000 unique local

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U Mobile to Offer Funding Societies’ P2P Financing Solution to SMEs Via GoBiz

Telco operator U Mobile announced a partnership with Funding Societies to offer business financing solutions for Malaysian micro, small and medium enterprises (SMEs), as well as small office/home office (SOHO) customers via its digital payment acceptance solution GoBiz. Customers of

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Fundaztic Launches Malaysia’s First Peer-to-Peer Financing Secondary Market

Fundaztic a P2P financing platform operator, has officially rolled out their secondary market. This offers over 20,000 members of Fundaztic the opportunity to trade their existing notes with one another, this allows the, adjust their portfolio strategy and increase their

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GHL Gets Nod to Start Lending Operations in Philippines

GHL Group Berhad announced today that its Philippines arm has received approval for the Philippines Securities and Exchange Commission to operated a lending business via its new unit, GHL Phlippines Financing Services Inc. GHL who is traditionally known for its

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CapBay Partners With TheLorry to Offer Financing for SME Lorry Drivers

CapBay, P2P Supply Chain Financing platform registered with Securities Commission Malaysia, announced a collaboration with TheLorry their “Express Financing” Program. The program is said to be tailored to the logistics industry and is aimed at increasing accessibility of digital financing

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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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microLEAP Partners with Masryef Management House to Launch Shariah-Compliant P2P Financing

Microleap PLT, a P2P (Peer-to-Peer) financing operator which manages microLEAP, has partnered with boutique Shariah advisor, Masryef Management House, to launch its Shariah-compliant investment notes. Based on principles of Commodity Murabahah, Masryef Management House ensures that the Islamic funds raised

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