Securities Commission Malaysia Announces 8 New Licenses for Crowdfunding and P2P Lending

Securities Commission Malaysia today announced 3 new licenses for equity crowdfunding and 5 for P2P lending. This new batch sees names that are familiar to those in the startup scene and some new names. The new equity crowdfunding players are; 1337 Ventures, Ethis Ventures and MyStartr. Whereas on the P2P lending front the new players are; CapitalBay, Capsphere Services, Crowdsense, MicroLEAP and Money Save Capital. Read More

SC registers new ECF and P2P platform operators

KUALA LUMPUR (May 17): Securities Commission Malaysia (SC) chairman Datuk Syed Zaid Albar announced the registration of three new equity crowdfunding (ECF) platform operators and five peer-to-peer (P2P) financing platform operators. The new ECF operators are 1337 Ventures Sdn Bhd, Ethis Ventures Sdn Bhd, and MyStartr Sdn Bhd, while the P2P operators are Bay Smart Capital Ventures Sdn Bhd,Capssphere Services Sdn Bhd, Crowd Sense Sdn Bhd, MicroLEAP PLT, and Money Save Capital PLT. Read More

Malaysia’s SC announces new ECF and P2P platform operators

The Securities Commission (SC) of Malaysia on Friday announced eight new recognised market operators, including three equity crowdfunding (ECF) and five peer-to-peer (P2P) financial platforms, that will be operational by the end of the year. Read More

18 teams from fintech start-ups are working with UNCDF to develop and refine innovative new solutions.

What is the B40 Challenge? Financial Innovation Lab Malaysia, funded by the MetLife Foundation, is running the B40 Challenge to find solutions that could drive usage of financial services by lower and middle income customers in Malaysia (or the B40 population) beyond access to bank accounts. 18 teams from fintech start-ups are working with UNCDF to develop and refine innovative new solutions. They’re attending Bootcamps to learn and apply the design thinking process, working with our mentors and partners from Bank Negara and MDEC amongst other companies, and engaging in our online community of practice. Read More

More than payment solutions at 1337 Venture’s Alpha Startups Fintech Edition

CONTRARY to common belief, fintechs are not all about e-wallets and remittances. The Alpha Startups Fintech Edition Demo Day by 1337 Ventures, in collaboration with MDEC and Innostart Capital, presented a spectrum of digital solutions ranging across microloans, debt collection, investor profiling, insurtech and even will-writing and funeral planning. Read More

Get a glimpse of the 25 teams for Alpha Startups: Fintech Edition

Malaysia early-stage Venture Capital, 1337 Ventures, in partnership with InnoStart Capital and MDEC, will be kicking off their Alpha Startups: Fintech Edition on July 4th, in Malaysia’s upcoming Fintech Hub. Read More