P2P lending Malaysia. The Securities Commission Malaysia (SC) is inviting interested parties to apply to operate investment crowdfunding platforms and peer to peer lending sites. SC states that applicants may submit their applications for registration now with a deadline of September 7th, 2018. The Southeast Asian country has been relatively supportive of Fintech innovation. The SC launched a Fintech Sandbox (SC’s FinTech Innovation Lab)in 2015 recognizing the importance of regulators working with innovators to improve services to both consumers and businesses. Bank Negara Malaysia set up a Fintech sandbox in 2016.

P2P lending Malaysia: TOP 4 P2P platforms

FundedByMe is a crowdfunding portal based in Stockholm, Sweden. The company is active in Scandinavia with offices in Singapore and Malaysia. FundedByMe’s native language is English, but users can list their project in any supported language. The company was founded in March 2011 by Arno Smit and Daniel Daboczy. In September 2012, the company launched FundedByMe Equity, an equity crowdfunding portal in addition to its donation crowdfunding portal.

Crowdo is a regional fintech company offering a full portfolio of alternative financing solutions across peer-to-business lending and securities / equity crowdfunding. Launched in 2013, Crowdo is one of the region’s largest and fastest growing platforms with over 38,000 members, 3500+ projects, and market presence in Singapore, Indonesia and Malaysia. Crowdo is registered with the Monetary Authority of Singapore, Securities Commission of Malaysia, and Financial Services Authority of Indonesia.

Fundnel
is a private investment platform that leverages technology and data to curate opportunities in growth & pre-IPO companies for our global network of >10,000 investors. Using their proprietary Artificial Intelligence-driven deal screening process, that analyses >50 parameters per company, their investment team is efficiently empowered to evaluate and distribute deals that best fit their investors. For fundraisers, their modern solution grants price discovery, rendering a flexibility to compare offers that correspond with strategic requirements. For early investors and employees of private companies, Fundnel provides an avenue for subsequent liquidity, helping them monetise their shares — the first in Southeast Asia. Fundnel is headquartered in Singapore with a growing presence in 6 countries across Asia Pacific. Since inception in 2015, the total value of deals launched on our network exceeds USD950m with 29 transactions completed to date.

FundedHere is the first registered equity and lending-based crowdfunding platform for promising businesses in Asia, issued by the Monetary Authority of Singapore (MAS). FundedHere has built an ecosystem for both investors and businesses, leveraging on Singapore as a springboard for the rest of Asia.

P2P lending Malaysia review is written by Tomas Medeckis