When Should You Apply for Business Financing?

When Should You Apply for Business Financing?

Building and nurturing a successful business requires a good amount of working capital. The funds can come from private assets, investments, or financing from banks or peer-to-peer (P2P) financing platforms. But when is the right time to apply for business financing? There are 3 situations that would call for more …

4

How to Differentiate Money Games from Credible Investment Platforms

How to Differentiate Money Games from Credible Investment Platforms

Money game operators are having a big moment in the local media these days, though most of us would rather they disappear. Notable schemes such as MBI Group and JJ Poor to Rich (JJPTR) dominated recent news. The Ministry of Domestic Trade, Co-operatives, and Consumerism recently froze RM 177 million …

2

Funding Societies and RHB Banking Group Strategic Collaboration

Funding Societies and RHB Banking Group Collaboration

Kuala Lumpur, 12 April 2017 – Funding Societies is very proud to announce a strategic collaboration with the RHB Banking Group. This is the first collaboration between a Malaysian bank and a P2P financing platform. The partnership aims to widen access to financing for the underserved SMEs in Malaysia. Ninety-seven …

A Short Guide to P2P Financing in Asia

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 …

A Portrait of Malaysian SMEs

A Portrait of Malaysian SMEs

Small and medium-sized enterprises (SMEs) play an essential role in the economic development of ASEAN countries. SMEs affect national GDP and create employment opportunities for the population. Malaysia is no exception. Past data shows that Malaysian SMEs have a significant impact on national economic development. And what about today? What …