P2P financing, on a Global Scale

P2P financing, on a Global Scale

In the wake of the 2008 financial crisis, banks started making consumer financing stricter. Cheap, quick funds became difficult to acquire. Some consumers found it difficult to get financing even though they had good credit history. The environment of scarce funds and lengthy approval process became an opportunity for the …

The ABC of P2P: A Concise Guide to P2P Financing

Peer-to-peer (P2P) financing is a revolutionary FinTech innovation, with the potential to address the lack of SME financing in Southeast Asia. Since traditional middlemen like bankers aren’t part of the system, it increases profits for investors and decreases resistance for SME issuers. Let’s see how the model benefits both investors …

The Best and Worst Advice We’ve Heard about Crowdfunding and P2P Financing

Don’t invest in a person or a company on the basis of its name and fame The rise of crowdfunding and its offshoots have attracted big names. Celebrity artists like Neil Gaiman and Whoopi Goldberg have utilized crowdfunding campaigns. Businesses more familiar to our ears have tapped into peer-to-peer (P2P) …

4 Advantages of Crowdfunding and P2P Financing

Crowdfunding and P2P financing have recently gained popularity as alternatives to funding options from more traditional financial institutions, especially for SMEs and small businesses. Both crowdfunding and P2P financing are new methods to gain capital. Despite the relative newness of both these financing models, it seems they are here to …

A Short Guide to P2P Financing in Asia

As technology keeps improving, so do many industries – including the finance industry. There are now financial companies that heavily utilize digital technology for their business models and operations. People have a term for these companies: FinTech (financial technology). One of the most popular business models born of FinTech is …

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Traditional Financial Institutions vs P2P Financing Platforms

P2P financing platforms are changing views on financing, both personal and business financing. These days, bank financing is no longer the only available choice for raising capital, especially for small and medium-sized enterprises (SMEs). Malaysia in particular, has regulated P2P financing – the first ASEAN country to do so, although …

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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 …

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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 …

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P2P Financing: A Non-Bank Alternative 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 …

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The Easy Guide to Crowdfunding

Any business, no matter how small, needs capital to grow. However, financing is not easy to obtain. Many Malaysian SMEs rely on bank funds to gain capital, but there is a better choice: crowdfunding. Crowdfunding is a financial solution that is especially suitable for new and small businesses. The financing …