FundedByMe Awarded License to Operate in Malaysia

November 3, 2016 @ 7:48 am By JD Alois

FundedByMe Malaysia has been awarded one of six licenses to operate as a “peer to peer” finance platform in Malaysia. The announcement came during the Securities Commission Malaysia (SC) conference: SCxSC.

Berhormat Datuk Johari Abdul Ghani, the Second Finance Minister of Malaysia, made the announcement during the event’s keynote address and was accompanied by the Chairman of Securities Commission Malaysia, Yang Berbahagia Tan Sri Dato’ Seri Ranjit Ajit Singh during the award ceremony.

Daniel Goettfert, CEO of FundedByMe Malaysia said they were elated as now they have two licenses – one to operate a peer to peer financing platform and the other to operate equity crowdfunding.

“This announcement was pursuant to careful deliberations by the SC whereby the application submission for the licenses closed in July 2016,” said Goettfert.

FundedByMe Malaysia (FBM Crowdtech Sdn Bhd) will allow investors and entrepreneurs access FundedByMe, which is a full-service crowdfunding platform headquartered in Stockholm, Sweden. The platform has funded just under 500 companies with over 72,000 global investors since 2013.

Reg A - Form 1-A Filings Beta

Beta. Initial Form 1-A only. Target raise is the stated Amount to be Raised, totaled. Compared with the same dates one year earlier.

YTD: Jan 1, 2026 - Oct 26, 2026 vs Jan 1, 2025 - Oct 26, 2025

Number of Filings131Prior 126 +4.0%

Target Raise, Total$3.40BPrior $3.54B -3.9%

	This YTD	Year prior	Change
Filings	131	126	+4.0%
Target raise	$3.40B	$3.54B	-3.9%

Sponsored by the Crowded Media Group the leading digital news service covering the global Fintech Industry, including digital assets, crowdfunding, tokenization, and other innovations in capital markets. email us @CrowdfundInside

Source: DisclosureQuest. Initial Form 1-A only.

Created by Crowded Media Group

This display counts initial Form 1-A filings only. It does not represent subsequent filings, including Form 1-A/A amendments or Form 1-A POS post-qualification updates filed by the issuer. Amounts are the stated Amount to be Raised on the initial filing, not capital raised and not amounts revised in later filings.

0 0 votes

Article Rating

This site uses Akismet to reduce spam. Learn how your comment data is processed.

0 Comments

Newest

Oldest Most Voted