“The SC continues to encourage digital innovation and promotes inclusiveness of the capital market. “We have seen considerable increase in individual investor participation in the market via digital investment managers (DIMs), ECF and P2P financing platforms, digital asset exchanges (DAXes) and online brokers, ” said SC chairman Datuk Syed Zaid Albar.
KUALA LUMPUR: More than 2,500 micro, small and medium enterprises (MSMEs) have raised more than RM1bil through regulated crowdfunding markets of the Malaysian capital market, according to the Securities Commission (SC).
At the virtual SCxSC Fintech Conference, the market regulator said it has registered 21 platforms to provide regulated crowdfunding options to meet the financing needs of MSMEs since it introduced the equity crowdfunding (ECF) and peer-to-peer financing (P2P) regulatory framework in Malaysia in 2016.
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