Lending

Boost Offers Low-Cost Financing Support for MSMEs this Ramadan

Boost issued a press statement saying that it will be prioritising micro-enterprises and SMEs this upcoming Ramadan by offering low-cost financing support to use as working capital for Ramadan sales through ‘Aspirasi Capital for Boost’. They said that this financing

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Mastercard-Backed Pine Labs Rolls Out Buy Now, Pay Later Offering in Malaysia

Pine Labs, an Asian merchant commerce platform backed by Mastercard, announced the launch of its Buy Now Pay Later (BNPL) offering in Malaysia. The company provides a tech-first offline payments solution where on a single terminal multiple credit issuers can

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Axiata’s Aspirasi Rolls Out Consumer Microloans up to RM 2,500 on Lazada

Aspirasi, a digital micro-financing and micro-insurance service provider under Axiata Digital, is now offering a flexible and fully-digital financing solution for online shoppers through Aspirasi CashNow. Available on e-commerce platform Lazada Malaysia, Aspirasi CashNow is open for application by all

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Buy Now Pay Later Platform Split Has Processed RM 10 Million in Transactions

Split, a Malaysian Buy Now Pay Later (BNPL) platform, announced that it has processed RM 10 million in transactions for Malaysian businesses nationwide within months The platform enables merchants to offer up to 3 interest-free installments to their customers who

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P2P Lender microLEAP Receives RM3.25 Million Funding From MAA Group

microLEAP, Malaysian platform that offers both Islamic and Conventional Peer-to-Peer (P2P) financing, announced a successful RM3.25 million funding round, made up of RM1.25 million in equity and a RM2 million advance. The RM3.25 million will be used for advertising and

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CapBay Crosses the RM100 Million Mark With Its P2P Financing Platform

CapBay, a Malaysian P2P supply chain financing platform, has provided RM 100 million in funding across 500 investment notes on its platform since its launch 9 months ago in March 2020. This milestone is part of CapBay Group’s strong track

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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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