Lending

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

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
Lending

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
Lending

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
Lending

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
Crowdfunding Lending

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
Lending

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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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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