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Funding Societies Emerges as Market Leader of P2P Financing Industry in Malaysia

Funding Societies Emerges as Market Leader of P2P Financing Industry in Malaysia

Funding Societies ends 2017 as domestic market leader of Malaysia’s rapidly growing peer-to-peer (P2P) financing sector. Data compiled by all P2P financing operators in Malaysia from February 2017 to November 2017 shows that P2P platforms have raised a total of RM17 million for local SMEs. Of the RM 17 million, …

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 challenging to acquire. Some consumers found it difficult to get financing even though they had a good credit history. The environment of scarce funds and lengthy approval process became an opportunity for …