Banks are increasingly facing pressure driven by shifting consumer demands, the rise of fintech, and foreign banks getting full licenses in Malaysia.
MyCash Online breaks yet another equity crowd funding record in Malaysia with its US$300k raised within 24-hours.
Event-booking platform raises US$115,535 through ECF and co-investment.
Singapore’s crowdfunding scene is set for a boost with crowdfunding platform FundedHere being issued a Capital Markets Services licence by the Monetary Authority of Singapore (MAS).
Malaysia’s crowdfunding pioneer pitchIN has launched its equity crowdfunding (ECF) platform, with the first campaigns slated to go live in mid-April.
KiniBiz has announced plans to go for equity crowdfunding under the guidelines approved by the SC, the first Malaysian company to do so.
The CrowdPlus.asia equity crowdfunding platform has been launched across five Asian markets, with its operator describing ECF as an alternative, if not downright disruptive, avenue for startups and SMEs to raise funds.
Asian Crowdfunder has launched its platform in Malaysia with three projects on offer, and said it is also in the process of starting in Singapore, Indonesia and Thailand.
The Securities Commission Malaysia (SC) has announced the approval of six registered equity crowdfunding platforms, giving small businesses and entrepreneurs greater access to capital.
The Securities Commission Malaysia (SC) said that operators interested in establishing and operating an equity crowdfunding (ECF) or Shariah-compliant ECF platform can now submit their application.