The financial technology ecosystem is expanding beyond the traditional boundaries of banking and finance. Among the various fintech sectors, crowdfunding has emerged as a breath of fresh air, democratising the fundraising process and facilitating the rising tide of entrepreneurship. This article will take a deep dive into some exquisite crowdfunding companies headquartered in Kuala Lumpur, Malaysia. By providing innovative business models and pioneering financial services, these firms are shaping the future of the fintech industry in South East Asia.
Crowdfunding, in essence, is the use of small amounts of capital from a large number of individuals to finance a new business venture. Companies operating in this field utilise the internet and social media channels to reach out to a large pool of potential investors, greatly simplifying and speeding up the fundraising process. With the power of tech-driven solutions, crowdfunding firms are offering viable funding alternatives to traditional banking systems.
Our feature will spotlight several remarkable Kuala Lumpur-based businesses in the crowdfunding industry, which have not only achieved success domestically but also have begun to make waves on the international stage. Let's take a closer look at these promising ventures and understand how they contribute to the regional fintech ecosystem.
pitchIN
Co-founded by Kashminder Singh and Sam Shafie, pitchIN is often regarded as Malaysia's national crowdfunding platform. Since its establishment in 2012, it has showcased impressive growth by organising noteworthy crowdfunding projects and creating successful funding records in Southeast Asia. You can follow their journey on Twitter, Facebook, and Linkedin.
Ethis
Ethis was co-founded by Ronald Yusuf Wijaya and Umar Munshi. It operates a platform that connects sustainable projects and businesses in Southeast Asia with international investors, thereby fostering financial inclusivity. Be sure to follow them on Twitter, Facebook, and Linkedin.
SkolaFund
Founded by Syakir Hashim and Tengku Syamil, SkolaFund is a unique online platform that allows undergraduates in Malaysia to raise funds for their education through crowdfunded donations, scholarships, and bursaries. Follow their progress on Twitter, Facebook, and Linkedin.
GlobalSadaqah
GlobalSadaqah, co-founded by Mohammed Alim and Umar Munshi, is an award-winning platform facilitating CSR, Zakat and Waqf Management. Check them out on Twitter, Facebook, and Linkedin.
CrowdPlus.asia
CrowdPlus.asia, founded by Kim Seng Teh, is an equity crowdfunding platform backed by Netrove Ventures Group. Follow them on Facebook and Linkedin.
Alixco P2P Financing
Alixco P2P Financing was co-founded by Andre Betker, Angelld Quah and Daniel Goettfert and it simplifies and facilitates commercial lending. Stay connected with them on Twitter and Facebook.
Leet Capital
Leet Capital in Kuala Lumpur is a prominent player in the Angel Investment, Crowdfunding and Venture Capital sector. Follow them on Twitter, Facebook, and Linkedin.
Capital Markets Malaysia
Capital Markets Malaysia operates at the crossroads of crowdfunding, finance and financial services. Stay updated with them on Twitter, Facebook, and Linkedin.
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