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.