4

How P2P Financing Can Support Malaysian SMEs

Malaysian SMEs contribute to 33% of the country’s gross domestic product (GDP) and 58% of the national workforce. By 2020, Malaysia also aims to push SME contribution to GDP to 41% and SME contribution to national exports at 23%. Despite being the backbone of the economy and government ambitions to …

3

Crowdfunding vs. P2P Financing

Crowdfunding vs. P2P Financing

If you are looking to raise financing for your small business or startup, there are a lot of routes you can explore. Two of them include crowdfunding and peer-to-peer financing. Generally, both financing models are well-suited to grow and develop SMEs. Where people make the mistake, however, is in believing …

7

P2P Financing: An Alternative Source of Capital for SMEs

P2P Financing: An Alternative Source of Capital for SMEs

According to a recent study by Deloitte and Visa, around 55% of SMEs in Malaysia need more capital to grow. Moreover, 58% of them decided to put off their financing proposals because they lack the bank requirements. Yet the bank funds available are not enough to cover the national need …