Kini Halal
In the News: The Kini Halal team interviewed Investors and Issuers where they shared stories on how microLEAP has helped them. microLEAP Shariah-compliant offerings play a big role in helping micro-SMEs boost their businesses and recover from the Covid19 impact via Peer-to-Peer micro financing. Learn how this alternative financing mechanism connects investors and issuers, as well as the social and economic impact it has towards businesses. VIEW FULL VIDEO
NST Business
KUALA LUMPUR: microLEAP has secured a RM3.25 million funding from MAA Group Bhd, comprising RM1.25 million in equity and a RM2 million advance. The Islamic and conventional peer-to-peer (P2P) financing platform said it had also received another RM10 million investments from MAA Group. READ MORE
FIntech Futures
Singapore-based Volopay and Malaysia-based Microleap, have raised $2.1 million and $3.3 million, respectively. READ MORE
Beamstart Asia
microLEAP, a Malaysian Islamic and a P2P micro-financing platform, has just raised $3.26 million in funding. The funding was in the form of equity and other financing modes from Malaysian investment holding company MAA Group — RM1.25 million in equity, RM2 million advance, and RM10 million alongside microLEAP's investment products. READ MORE
News Hub Asia
“microLEAP is glad and honoured to receive support from such a prestigious and highly respectable entity. It is a signal that we are on the right track and that we have built a company that has grown leaps and bounds within the highly competitive P2P financing industry. With the impact of COVID-19 affecting businesses large and small till this day, microLEAP is motivated to empower and ease the burden of those in need.” stated Tunku Danny Nasaifuddin Mudzaffar, CEO of microLEAP. READ MORE
Crowdfund Insider
Malaysia-based microLEAP, a platform that provides conventional and Islamic or Shariah-compliant peer-to-peer (P2P) financing options, has acquired RM 3.25 million (appr. $800,000) in capital. The platform’s investment round consists of RM 1.25 million in equity and a RM 2 million advance. The funds raised will be used for supporting advertising and promotions for microLEAP, to hire additional staff members, and to make technology enhancements. READ MORE
Business Today
microLEAP, the platform that offers both Islamic and Conventional Peer-to-Peer (P2P) financing, announced a RM3.25 million funding round. The funding is made up of RM1.25 million in equity and a RM2 million advance. The company also received RM10 million in investments from MAA Group Berhad. READ MORE
Fintech News Malaysia
microLEAP, Malaysian platform that offers both Islamic and Conventional Peer-to-Peer (P2P) financing, announced a successful RM3.25 million funding round, made up of RM1.25 million in equity and a RM2 million advance. The RM3.25 million will be used for advertising and promotions, hiring of more staff and tech enhancements. READ MORE
The Malaysian Reserve
MICROLEAP, Malaysia’s first platform that offers both Islamic and conventional peer-to-peer (P2P) financing, has received a RM3.25 million funding which consists of RM1.25 million in equity and a RM2 million advance.
According to a statement from microLEAP, the RM3.25 million will be used for advertising and promotions, hiring of more staff and technology enhancements. READ MORE
E27
microLEAP, an Islamic and conventional P2P microfinancing platform, announced today it has raised a total of US$3.26 million (RM13.25M) in equity and other modes of financing from Malaysian investment holding company MAA Group. READ MORE
Tech In Asia
Malaysia-based peer-to-peer (P2P) financing platform Microleap announced that it has raised a total of over 13.2 million ringgit (US$3.26 million) from Malaysian investment holding company MAA Group in a new financing round. READ MORE
BFM
Full Interview: microLEAP on BFM - Open for Business on 10/12/2020 Founder Tunku Danny and COO Matt joins host Richard Bradbury to discuss Islamic P2P and share their entrepreneurial journey thus far. Ideas, challenges, and expansion plans - Open For Business is a show that talks to entrepreneurs, for entrepreneurs. WATCH VIDEO
Invest Smart
Special video for Invest Smart Fest (ISF) 2020. microLEAP CEO Tunku Danny Mudzaffar presents this witty and informative video on everything you need to know about Islamic P2P Financing with microLEAP! Organised by the Securities Commission Malaysia / InvestSmart SC, the 3-day event, themed ‘Silap Labur Duit Lebur’ gives you an opportunity to learn about how to invest in the capital market wisely and avoid falling prey to scams. WATCH VIDEO
Facebook LIVE
Tunku Danny and Matt are back with more powerful insider tips and insights on why you should start Investing in Islamic P2P. In this episode, the dynamic duo will guide you on how Islamic P2P Financing works and how you can maximise your Investments with microLEAP. With Covid19 looming still, learn how your Investment will make an impact by helping microbusinesses grow. See how easy it is to set up your account with us and enjoy almost immediate returns! WATCH VIDEO
Facebook LIVE
Learn how to Make an Impact with Your Investments with microLEAP CEO Tunku Danny and COO Matthew Fernandez. In this session, the dynamic duo will share everything you need to know about Islamic P2P. You will learn how to Invest and Raise Funds with us. They will also explain the Impact you are making if you Invest with microLEAP! WATCH VIDEO
Salaam Gateway
Fintech players have welcomed this approach. “This is because Malaysia doesn’t want to be like China’s massive P2P failures, where online P2P lending went crazy with 6,000 players came crashing down. Malaysia is on the right path, by limiting the numbers as well as allowing for growth at the same time,” said Tunku Danny Nasaifuddin Mudzaffar, Chief Executive Officer of microLEAP, a Shariah-compliant P2P microlending platform licensed by the SC this year. READ MORE
The Edge Markets
Then, there is pent-up demand in the Malaysian retail market for new Islamic investment products and services, which makes the country attractive to Islamic fintech players, says Tunku Danny Nasaifuddin Mudzaffar, founder and CEO of microLEAP PLT, the first local P2P financing platform to offer Shariah P2P investment notes. READ MORE
Salaam Gateway
microLEAP, a Shariah-compliant Peer-to-Peer (P2P) microlending platform, is one of 26 Islamic fintechs operating out of Malaysia that has benefitted from collaborating with MDEC. “Tie-ups with government-owned companies like MDEC really gave us a push in a big way,” said Tunku Danny Nasaifuddin Mudzaffar, Chief Executive Officer of microLEAP, which was licensed by the Securities Commission this year. READ MORE
The Edge Markets
Meanwhile, Tunku Danny Nasaifuddin Mudzaffar, chief executive officer (CEO) of microLEAP, an Islamic and conventional P2P microfinancing platform regulated by the SC, said the awareness and appetite for fundraising in Malaysia via ECF or P2P platforms is growing but a lot more needs to be done especially for micro-enterprises.
Capital Markets Malaysia
Meanwhile, Tunku Danny Nasaifuddin Mudzaffar, chief executive officer (CEO) of microLEAP, an Islamic and conventional P2P microfinancing platform regulated by the SC, said the awareness and appetite for fundraising in Malaysia via ECF or P2P platforms is growing but a lot more needs to be done especially for micro-enterprises. READ MORE
Capital Markets Malaysia
Sementara itu, Ketua Pegawai Eksekutif platform pembiayaan mikro perangkai padanan P2P, microLEAP, Tunku Danny Mudzaffar berkata kesedaran dan kecenderungan untuk mengumpul dana di Malaysia melaliu platform pembiayaan dana awam berekuiti atau P2P semakin meningkat, namun masih banyak lagi yang perlu dilakukan terutamanya persuahaan mikro. READ MORE
Salaam Gateway
Based on feedback they have received, the RMOs are also confident that sourcing for Shariah compliant businesses seeking to raise funding through alternative sources is feasible. For microLEAP – an Islamic and Conventional P2P (Peer-to-Peer) microfinancing platform regulated by the Securities Commission Malaysia (SC) – its CEO Tunku Danny Nasaifuddin Mudzaffar said the awareness and appetite for fundraising in Malaysia via ECF or P2P platforms is growing, but there still is a lot to do, especially for micro-enterprises. READ MORE
The Edge Markets
Micro, small and medium enterprises (MSMEs) in Malaysia need to consider alternative methods of raising capital which are accessible via digital platforms provided by Islamic financial technology (fintech) companies known as Registered Market Operators (RMOs). READ MORE
Warga Biz Feature Story
One of the youngest P2P fintech company, microLEAP has succeeded in raising and distributing funds to B40 microenterprises across the nation in less than a year. READ MORE
The Edge Markets
As the only peer-to-peer (P2P) financing operator in Malaysia that focuses on the microfinance sector, microLEAP PLT certainly has its hands full at this time with many microenterprises struggling to survive the Covid-19 pandemic. READ MORE
Astro Awani
Ketua Pegawai Eksekutif MTDC, Datuk Norhalim Yunus berkata, usahasama ini bakal membantu lebih banyak usahawan tempatan yang aktif dalam membangunkan teknologi bagi industri 4.0 atau revolusi industri yang lebih luas. VIEW SPECIAL REPORT
The Edge Markets
KUALA LUMPUR (May 12): Malaysian Technology Development Corporation (MTDC) today inked two memoranda of understanding (MoU) in a virtual signing ceremony with Pitch Platforms Sdn Bhd (pitchIN) and Microleap PLT (microLEAP), respectively. pitchIN, a recognised market operator, offers an Equity Crowdfunding (ECF) platform for companies, while microLEAP is a Peer-to-Peer (P2P) financing platform that allows businesses to raise crowd-sourced funds. READ MORE
Fintech News Malaysia
Malaysian Technology Development Corporation (MTDC) today signed two MOUs with pitchIN and MicroLEAP respectively to collaborate and cooperate in the areas of peer-to-peer (P2P) financing and equity crowdfunding (ECF). The collaboration enables MTDC to participate in equity crowdfunding investment and P2P financing up to 30% in eligible prospective companies per campaign. In a statement, they said this partnership is to create synergy between private funded companies and funds provided by the government. READ MORE
Bernama
KUALA LUMPUR, May 12 -- Malaysian Technology Development Corporation (MTDC) today inked two memoranda of understanding (MoU) in a virtual signing ceremony with Pitch Platforms Sdn Bhd (pitchIN) and Microleap PLT (microLEAP), respectively. pitchIN, a recognised market operator, offers an Equity Crowdfunding (ECF) platform for companies, while microLEAP is a Peer-to-Peer (P2P) financing platform that allows businesses to raise crowd-sourced funds. VIEW SPECIAL REPORT
Digital News Asia
Aiming to stretch the funds it has received from the government to invest in technology and science-based companies, the Malaysian Technology Development Corporation (MTDC) signed two Memorandum of Understanding (MoU) with Pitch Platforms Sdn Bhd (pitchIN) and Microleap PLT Sdn Bhd (MicroLEAP) yesterday to invest US$2.3 million (RM10 million) and US$460,000 (RM2 million) respectively to collaborate in the areas of equity crowdfunding (ECF) and peer-to-peer (P2P) financing. READ MORE
Digital News Asia
The COVID-19 pandemic is bringing about huge economic challenges. To this end, the Malaysia Digital Economy Corporation (MDEC) today announced a partnership with seven crowdfunding operators to help entrepreneurs brace through this difficult time. READ MORE
Salaam Gateway
The Malaysia Digital Economy Corporation (MDEC) today announced a partnership with seven crowdfunding operators to help entrepreneurs tide the economic challenges brought on by the COVID19 onslaught. READ MORE
The Sun Daily
The Malaysia Digital Economy Corporation (MDEC) has entered into a partnership with seven crowdfunding operators to help entrepreneurs tide over the economic challenges brought on by the Covid-19 onslaught. READ MORE
Fintech News Malaysia
The Malaysia Digital Economy Corporation (MDEC) today announced a partnership with seven crowdfunding operators to help entrepreneurs tide the economic challenges brought on by the COVID-19 onslaught. This announcement follows another partnership that MDEC has done with crowdfunding platforms to raise funds for COVID-19 frontliners. READ MORE
Capital Markets Malaysia Feature Story
First introduced in 2015, peer-to-peer (P2P) financing platforms have served to raise financing for 1,866 micro, small and medium enterprises, with a total RM632 million raised through over 8000 campaigns, as at December 2019. The Securities Commission Malaysia has thus far approved licenses for 11 P2P Financing Platform Operators. One of the newest to the game is microLEAP PLT - a Malaysian P2P platform that have differentiated themselves in two ways, by focusing on the microfinance sector and offering a Shariah-compliant service. READ MORE
Fintech News Malaysia
microLEAP PLT, a P2P (Peer-to-Peer) financing operator which manages microLEAP, has partnered with boutique Shariah advisor, Masryef Management House, to launch its Shariah-compliant investment notes. Based on principles of Commodity Murabahah, Masryef Management House ensures that the Islamic funds raised on microLEAP’s platform adhere to ethical and Islamic teachings and that they are compliant with the resolutions issued by the Shariah Advisory Council of the Securities Commission of Malaysia. READ MORE
Fintech News Malaysia
microLEAP is proud to partner with Malaysian Digital Economic Corporation (MDEC) to help MSMEs tap the alternative funding space during these challenging times.COVID-19 has been an unstoppable wrecking ball looking to destroy the Malaysian economy and we are trying our best to assist micro enterprises as best we can. READ MORE
Smart Investor Feature Story
Smart Investor speaks to our CEO about P2P financing being an ideal investment option for millennials. "By becoming a P2P investor, millennials have the chance to have a real impact in people's lives by providing much-needed working capital to our microenterprises" READ MORE
Smart Investor Feature Story
With its focus on the micro-finance sector, microLEAP aspires to empower the 'smaller guys'. Smart Investor sits down with microLEAP PLT chief executive officer Tunku Danny Nasaifuddin Mudzaffar to talk about the company's P2P journey, and the value-added services it offers to business owners. READ MORE
The Edge Markets
Malaysia"s peer-to-peer (P2P) financing and equity crowdfunding (ECF) space just got more exciting, with the introduction of eight new registered market operators last month. Investors will have plenty of options to choose from, given that the new operators will provide unique offerings. READ MORE
Malaysia SME
"Out of the 25 applicants vying for the P2P financing operator registration the SC only approved five - all from different sectors and segments within the economy that are not in direct competition with existing and new operators.” — CEO, Tunku Danny Nasaifuddin Mudzaffar READ MORE
Fintech News Malaysia
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
The Edge Markets
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
Deal Street Asia
The Securities Commission (SC) of Malaysia on Friday SC 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
UNCDF
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
Digital News Asia
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
1337 Ventures
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