MyCIF's ECF, P2P platforms raise more than RM2.7bil as of Dec 31, 2021


KUALA LUMPUR: Malaysia Co-Investment Fund (MyCIF) has raised more than RM2.7 billion from its equity crowdfunding (ECF) and peer-to-peer (P2P) campaigns as of Dec 31, 2021, up from RM1.33 billion recorded in 2020.

According to the MyCIF annual report 2021 released by Securities Commission Malaysia (SC) today, the fund raised was from 4,556 micro, small and medium-sized enterprises (MSMEs) through the ECF platform (RM420.9 million) and P2P platform (RM2.29 billion).

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SC , MyCIF , ECF , P2P , fundraising , MoF , MyCIF annual report 2021 , MSME

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