Funding Societies and Curlec Launch Partnership to Automate SME Repayments

Funding Societies and Curlec Launch Partnership to Automate SME Repayments

Funding Societies, the first and largest peer-to-peer (P2P) financing platform in Malaysia, has announced a partnership with Curlec, a homegrown FinTech company specialising in Direct Debit payments. Funding Societies will be the first partner to adopt Curlec’s online Direct Debit system. With an integrated system, the repayment process for Funding …

Funding Societies and MoneyMatch Launch Strategic Partnership to Provide Alternative Financial Solutions for SMEs

Funding Societies and MoneyMatch Launch Strategic Partnership to Provide Alternative Financial Solutions for SMEs

Funding Societies and MoneyMatch, two leading local FinTech startups, announced an official partnership to broaden access to alternative financial services for Malaysian small and medium-sized enterprises (SMEs). Funding Societies will support efforts to build awareness for MoneyMatch, a cross-border money transfer platform approved by Bank Negara Malaysia. In turn, Money …

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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, …

4 Keys to Success When Investing in P2P Financing

4 Keys to Success When Investing in P2P Financing

Peer-to-peer (P2P) financing has been attracting a lot of attention lately, thanks to its ability to connect entrepreneurs with investors using big data and advanced analytics. For small, growing enterprises, P2P financing can be a great substitute for applying for business financing from conventional financial institutions. On the other hand, …

A Concise Guide to P2P Financing

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 …

6 Reasons to Invest in Peer-To-Peer Financing

6 Reasons to Invest in Peer-To-Peer Financing

If you own a small, growing enterprise, getting funding from your peers through peer-to-peer (P2P) financing can be a great substitute to applying for bank funds. On the other hand, if you are an investor, P2P financing can be a great way to earn returns while helping out SMEs. The …

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2017 Onwards: FinTech as the Future of Inclusion

2017 Onwards: FinTech as the Future of Inclusion

2016 was a year of surprises, a year mostly remembered for two political upsets: the Brexit vote and the election of Donald Trump as President of the United States. Observers noted that 2016 was characterized by rising anti-globalization. Yet despite the retaliation towards globalization, the genie can’t be wished back …