[P2P Lending] Knowing all the SC approved P2P operators

After understanding how and why P2P lending existed nowadays (click here to read our previous article), let's move on knowing all the approved P2P operators in Malaysia now.

Below is the intro of SC approved P2P operators (as at end Aug 2018):

1. B2B Finpal Sdn Bhd (B2B Finpal)
   

   * A local P2P lending player founded by two prominent businessman.

   * Its parent company B2B Commerce Sdn Bhd has extensive experiences in providing supply chain management software to SMEs.

   * Thus, it already has a customer base that includes companies in retail, fast-moving consumer goods, oil and gas, manufacturing and logistics across the region.

   
   
   
   
   
   
2. Ethis Kapital Sdn Bhd (Nusa Kapital)
   * The world’s first regulated Shariah-compliant P2P Crowdfunding Platform.
   * Founded by experienced individuals with regional SME industries exposure.
   * Focusing on projects that are both commercially viable and socially responsible for its crowd of ethical and Islamic investors.
   
   
   
   
   
   
3. FBM Crowdtech Sdn Bhd (Alixco)
   * The only Registered Market Operator in Malaysia that operates both P2P financing and Equity Crowdfunding (ECF)
   * A Swedish-based company, is the fastest growing crowdfunding platform in Europe with more than 86,000 investors across 196 countries; raising over EUR 37 million for 472 companies.
   
   
   
   
   
4. Modalku Ventures Sdn Bhd (Funding Societies with referral code: jf95qsa4)
   * Founded by two Harvard university students
   * A regional P2P lending player operating in Singapore, Indonesia and Malaysia.
   * Bringing with it the best practices from it's experiences in regional markets.
   * Having a track record of maintaining default rate at below 2%.
   
   
   
5. 
   Peoplender Sdn Bhd (Fundaztic with referral code: HndCCl)
   * Founded by prominent ex-bankers and top executives of the banking/credit industry.
   * Bringing with them more than 50 years of combined expertise in finance, legal and technology.
   
   
   
6. 
   QuicKash Malaysia Sdn Bhd (QuicKash)
   * A unit of Bursa Malaysia listed company, ManagePay Systems Bhd.
   * Leveraging on MPAY's deep understanding of the fintech industry.

In our next article, we will blog about the differences between two of the most popular P2P operators. Stay tuned!