Securities Commission Malaysia building at Kuala Lumpur.
KUALA LUMPUR: The Malaysia Co-Investment Fund (MyCIF) has co-invested RM638 million in almost 35,000 equity crowdfunding (ECF) and peer-to-peer (P2P) financing campaigns by 2022 and benefiting some 3,635 Malaysian micro, small and medium enterprises (MSMEs), according to its Annual Report 2022 released today.
In a statement, the Securities Commission Malaysia (SC) said the total funds raised in 2022 by ECF and P2P platforms rose by RM300 million to RM1.7 billion from RM1.4 billion in 2021.
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