Equity crowdfunding platform FundedHere has been launched in Singapore to facilitate equity-based funding and venture debt for startups in the region from as low as S$5,000 (US$3,700) each, even as regulators in both Singapore and Malaysia look to facilitate such platforms.
Securities Commission Malaysia (SC) has released the Guidelines on Regulation of Markets under Section 34 of the Capital Markets and Services Act 2007 to introduce new requirements for the registration of equity crowdfunding (ECF) platforms, and to provide governance arrangements for the operator of such platforms.
The proposed regulatory framework for an equity crowdfunding platform has been revised based on public feedback, Securities Commission Malaysia (SC) said in a statement.
Jason Best of Crowdfund Capital Advisors advises entrepreneurs on what comes next after having raised funding through equity crowdfunding or rewards-based crowdfunding. Karamjit Singh was there to soak it in at the recent SCxSC event.
The equity crowdfunding platform that the Securities Commission Malaysia (SC) is proposing will depend heavily on investor confidence, its chairman Ranjit Ajit Singh acknowledged.
A new mobile dating app called Salamz, by Malaysia-based startup Rocketech Ltd, is targeting a gap -- young Muslim singles who want to meet the traditional way.
1337 Venture's Bikesh Lakhmichand did something Karamjit Singh has not seen any entrepreneur do before: Return funds to the Government … but not before leveraging it to raise private money.
Industry players DNA spoke to share some of the pros and cons of the consultative paper Securities Commission Malaysia has put up for industry feedback on the impending launch of Malaysia’s equity crowdfunding platform.
Alternative funding channels aim to facilitate growth of small-scale enterprises Deadline for comments is Sept 5