YearStarter2019: Rise of P2P financing


P2P platforms in Malaysia have opened up opportunities for small businesses to get loans from many investors rather than depending singularly on banks.

Peer-to-peer (P2P) financing, which allows individuals and companies to borrow and lend money via an online platform, is ready for its next big step.

Fundaztic chief executive officer Kristine Ng Wri Miem says P2P platforms are looking to form a secondary market where customers can resell their P2P loans, offering them more flexibility.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Tech News

US agency to vote to restore net neutrality rules
India's Tech Mahindra misses Q4 revenue view on weak communications segment
Explainer-Where are Wall Street's analyst notes on Trump's Truth Social?
AI spending worries cast gloom over Alphabet, Microsoft
Electric cars and digital connectivity dominate at Beijing auto show
Most global tech leaders see their companies unprepared for AI
India plans curbs on suspect bank accounts to fight cyber fraud, sources say
Tech companies plug into India's smaller cities for talent
Tencent pushes wider adoption of AI-powered smart mobility system from a vehicle’s cockpit to the factory floor
Artificial intelligence offers an opportunity to improve EV batteries

Others Also Read