Easy financing for MSMEs with alternative financial platform Fundaztic

Foo: Instead of banks, businesses now can receive financing from the rakyat, through P2P.

PETALING JAYA: Micro, small and medium enterprises (MSMEs) make up about 98.5% of businesses in Malaysia, making them the backbone of the country’s economy.

They contribute nearly 40% of the country’s gross domestic product (GDP) and almost half the country’s workforce.