Lending

Funding Societies Offers SMEs Deferments to Help Ease Cash Flow Challenges
Lending

Funding Societies Offers SMEs Deferments to Help Ease Cash Flow Challenges

Funding Societies, P2P financing platform, is stepping up efforts by offering deferment or rescheduling options to help tide small and medium-sized enterprises (SMEs) over as they face challenges brought on by the coronavirus (COVID-19) outbreak. Following first quarter of 2020,

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Genting Ventures Invests in hoolah’s Series A Round Shortly After its Entry into Malaysia
Lending

Genting Ventures Invests in hoolah’s Series A Round Shortly After its Entry into Malaysia

hoolah, a Singapore based company, has finalized a commitment for an eight-figure Series A investment round, led by Allectus – a VC, part of the $30bn PE firm ICM, who are focused on disruptive technology companies. Joining the round are

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GHL Teams up with Axiata Digital’s Aspirasi to Provide Micro Lending Services
Lending

GHL Teams up with Axiata Digital’s Aspirasi to Provide Micro Lending Services

GHL Systems Berhad (GHL) and Aspirasi, a digital financing platform and fintech provider under Axiata Digital have formed a partnership to provide SMEs and micro-entrepreneurs in the country with digital access to GHL’s new financing business. This news follows their

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Funding Societies Optimistic that P2P Financing will Reach RM 1 Billion This Year
Lending

Funding Societies Optimistic that P2P Financing will Reach RM 1 Billion This Year

2019 was a strong year for Malaysia’s peer-to-peer (P2P) financing industry as total financing increased to RM521 million cumulatively and is expected to continue to thrive in 2020 with RM 1 billion in total financing, according to Funding Societies Malaysia.

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Alixco Targets Investors from South East Asia and Europe to Widen its Base
Lending

Alixco Targets Investors from South East Asia and Europe to Widen its Base

Alixco, a P2P financing platform regulated by the Securities Commission of Malaysia announced today that it is opening its platform to overseas investors, mainly aiming at South East Asia and Europe “We received overwhelming requests to invest in our P2P

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

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
Lending WealthTech

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
Lending WealthTech

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
Lending

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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