MTDC-microLEAP Peer-to-Peer (P2P) Financing Programme is a social lending programme that aimed to facilitate local technology-based companies to obtain financing directly from the mass public; either individual or organisation via crowdfunding platform. The programme will enable local technology-based companies to obtain capital through peer-to-peer (P2P) lending from a relatively large number of investors, using an online platform.
Malaysian Technology Development Corporation Sdn Bhd (MTDC) P2P partner, microLEAP (Microleap PLT), is a Recognised Market Operator by the Securities Commission of Malaysia who operates a P2P financing platform that allows businesses to raise crowd-sourced funds in which the issuers (borrowers) may raise financing from as little as RM1,000 while P2P investors may invest in ‘Investment Notes’ issued by them from as little as RM50.
- Incorporated in Malaysia
- Majority owned by Malaysian
- IP-backed technology
- Commercial ready prototype
- Qualified to launch P2P fundraising campaign through crowdfunding platform (i.e. microLEAP)