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Smebiz 31 Dec 2018 | 12:00 AM

Good prospects for peer-to-peer financing

THE peer-to-peer (P2P) financing industry in Malaysia is expected to continue thriving as Funding Societies Malaysia is expecting disbursement to grow to RM300mil in 2019 from about RM100mil this year, according to its chief executive officer Wong Kah Meng.

TECH 28 Nov 2018 | 12:41 PM

P2P financing is booming in Malaysia

Adoption of peer-to-peer (P2P) financing has skyrocketed in Malaysia – this year RM159.56mil was raised, up from just RM17mil last year.

SME 05 Nov 2018 | 12:00 AM

More small businesses seek alternative financing

P2P an option for credit-worthy but not necessarily bankable SMEs

SME 15 Aug 2018 | 12:00 AM

Funding Societies disburses RM600mil to 7,000 SMEs

KUALA LUMPUR: Funding Societies Group has disbursed over RM600mil to about 7,000 small and medium-sized enterprises (SMEs) in South-East Asia (SEA).

Corporate News 18 Apr 2018 | 3:10 AM

SoftBank invests in Southeast Asian P2P lender

SINGAPORE: Peer-to-peer lending platform Funding Societies said it raised US$25 million in a funding round led by SoftBank Ventures Korea, an early stage venture capital arm of SoftBank Group.

Smebiz 26 Mar 2018 | 12:00 AM

Workshop to help SMEs

AS NEW technology trends disrupt traditional businesses, more and more SMEs are seeking ways to adapt to the changing business landscape.

Economy 01 Nov 2017 | 8:29 AM

Crowdfunding critical source of alternative financing for SMEs

KUALA LUMPUR: Crowdfunding is expected to pick up pace in the near future as a critical source of alternative financing for micro, small and medium enterprises (SMEs) in Malaysia, says the Asian Institute of Finance (AIF).

News 18 Sep 2017 | 12:00 AM

Peer lending for small businesses

Platform also presents investors with an option to tap into the SME market

Corporate News 05 Sep 2017 | 6:09 AM

Senturia Capital partners Funding Societies to expand financing access

KUALA LUMPUR: Private equity (PE) fund manager Senturia Capital has partnered up with Funding Societies, a regional peer-to-peer (P2P) financing platform to expand alternative financing access and capital solutions to Malaysian businesses.

Corporate News 23 Jul 2017 | 11:27 PM

Early days for alternative funding

PETALING JAYA: Two years ago, the Securities Commission gave out licences to operate equity crowdfunding platforms and last November, it gave out the licences for peer-to-peer lending.