Funding Societies Malaysia Review

Therefore financing products of funding societies should not be constructed as business loan sme loan micro loan term loan or any other loans offered by banks in malaysia and it is to be deemed as an investment note as defined in the guidelines on recognised markets. It does not fall under the jurisdiction of bank negara malaysia. I have opened an account with this platform since 2017.

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5 years and s 1 4b in sme financing later.

Funding societies malaysia review. For that we ve been recognised with the mas fintech award in 2016 the global sme excellence award at the united nations itu telecom world in 2017 and the fintech top 100 by kpmg in 2018 among others. It does not fall under the jurisdiction of bank negara malaysia. Since its launch funding societies has crowdfunded rm 310 8 million regionally malaysia singapore an indonesia. Funding societies was launched in february 2017 as the first p2p operator in malaysia.

Funding societies malaysia review by leckas on saturday august 11 2018 funding societies link is one of the six peer to peer p2p financing platforms recognized by securities commission malaysia. Presently it is also the largest p2p operator in our nation. A review of funding societies. Funding societies is a p2p financing platform registered with securities commission malaysia.

I expect great things from funding societies in the coming years. A step by step guide to invest in p2p lending. 5 reasons why funding societies is the best p2p lending platform in malaysia. We have achieved and surpassed critical milestones grew significantly launched amazing products and signed meaningful partnerships all of which have been recognized through the multitude of awards we have received.

Funding societies malaysia interface 3 funding societies conclusion. Funding societies provides investment opportunities into notes issued by smes for financing facilities such as property backed secured financing business term financing and invoice financing. The interest charged to the smes is the return on investment for the investors who co invest into the notes through the crowdfunding platform. The past three years and a half have been transformative for funding societies malaysia fs malaysia.

Already they are the largest regional p2p financing platform in southeast asia connecting creditworthy smes with retail high net worth and institutional investors.