Kuala Lumpur gives nod to 6 P2P financing platform operators
Securities Commission says it intends to proceed with caution and to build up market trust and confidence
Add BT as a preferred sourceDeeperDive is a beta AI feature. Refer to full articles for the facts.
Kuala Lumpur
SIX registered peer-to-peer (P2P) financing platform operators in Malaysia have been approved by the Securities Commission (SC), which having green-lighted the first batch of operators, stressed it intends to proceed with caution and to build up market trust and confidence lest the objectives of its digital agenda were to be neglected.
B2B FinPal, Ethis Kapital, FundedByMe Malaysia, ManagePay Services, Modalku Ventures, and Peoplelender are the six registered P2P operators from more than 50 applicants.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Why where you park your joint venture matters: Lessons from a US$689 million shareholder dispute
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Singaporeans can now buy record amount of yen per Singdollar
