Kenanga Investment Bank
Not equity investment into CapBay but provide funds for Shariah-compliant financing Kenanga believes digital platform enables a faster, more convenient process for SMEs
Set to boost investor appetite of younger traders.
Facility will offer investors a trading limit of three or five times the value of cash and/or collateralised shares.
Fintech startup now has over 12,000 clients.
Rakuten Trade Sdn Bhd, a joint-venture between Kenanga Investment Bank Bhd and Rakuten Securities Inc, hopes its new full fledge trading platform will capture a 30% share of the retail investor market [in terms of total trades] in three years.
Collaboration is a platform to accelerate knowledge exchange, proof-of-concept projects, field-testing and training between both parties.