Thursday, August 1, 2019

Comparison of P2P financing platforms in Malaysia

A good article on Malaysia's P2P financing platforms from imoney.

(source :
Here’s how the P2P financing platforms in Malaysians compare:
NameLaunchedDefault rateMinimum investmentFees
CapitalBay P2P financingcurrently in pilot launch0%not statednot stated
B2B Finpal20180.18%RM1,000 initial deposit, RM100 per campaign30% of interest collected
Nusa Kapital2017not statedRM50010% of return
AlixCo2017not statedRM5001% of total repayment
MicroLEAPcurrently in betanot statedRM501% – 2% of first monthly repayment of each campaign
Funding Societies20171.26%RM1,000 initial deposit, RM100 per campaignBusiness term financing: 2% p.a. of each repayment

Invoice financing: 15% of interest repayment
Fundaztic20173.52%RM2,000 initial deposit (if using “Smart Invest” feature); otherwise no initial deposit required, RM50 per campaignRM0 – RM3 per investment transaction

1% of monthly repayments
QuicKash20170%RM1001.35% - 1.50% per repayment