Collaboration needed for market access and to scale Malaysia’s Islamic fintech

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

Registered market operators offer alternative fundraising for MSMEs — CMM

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.

Registered market operators offer alternative fundraising for MSMEs — CMM

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

Ruang PKS, Pelabur dan Pengendali berkembang, kata CMM

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

Islamic fintech offers potential for SMEs, investors and operators to grow

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

Registered market operators offer alternative fundraising for MSMEs

The Edge Markets

MicroLEAP, An Islamic Fintech Startup That Helps B40 Microenterprises Cope With Covid-19

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 

Financing micro-enterprises during a crisis

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     

Kerjasama MTDC dengan microLEAP bantu rangsang syarikat teknologi tempatan

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

MTDC signs MoUs with microLEAP

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

MTDC to Co-Invest up to 30% in P2P with MicroLEAP

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

MTDC signs MoUs with microLEAP

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

In Boost To Malaysia's P2P Markets, MTDC Allocates US$2.8MIL Co-Investment Fund

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

MDEC partners microLEAP to promote alternative financing to MSMEs for COVID-19 cash flow relief

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

MDEC partners with microLEAP to promote alternative financing to MSMEs for cash flow relief

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

MDEC partners with microLEAP to help entrepreneurs amid Covid-19 pandemic

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

MDEC Partners with microLEAP to Provide SMES Cash Flow Relief

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

P2P Focus: The microLEAP Story

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

microLEAP Partners with Masryef Management House to Launch Shariah-Compliant P2P Financing

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

MDEC Partners Crowdfunding and P2P Lending Platforms to Provide SMEs Cash Flow Relief

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

P2P Investing - Ideal for Millennials

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

Special Focus - Small Steps, Big Impact

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

Malaysia"s peer-to-peer (P2P) financing and equity crowdfunding (ECF) space just got more exciting

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

Igniting the alternate funding scene in Malaysia

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

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

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

SC registers new ECF and P2P platform operators

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

Malaysia"s SC announces new ECF and P2P platform operators

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

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

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

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

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

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

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