SC announces six P2P financing operators

Securities Commission Malaysia (SC) today announced six registered peer-to-peer (P2P) financing platform operators, making Malaysia the first Asean country to regulate P2P financing. The six registered operators are B2B FinPAL, Ethis Kapital, FundedByMe Malaysia, ManagePay Services, Modalku Ventures and Peoplender. These firms which are set to be operational in 2017 will help widen funding avenues for small and medium enterprises (SMEs). Read more: