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PEOPLENDER

Where Smart Investors and Entrepreneurs Connect

COMPANY DETAILS

SUMMARY

Peoplender Sdn Bhd operates Fundaztic.com which is a registered Recognised Market Operator (RMO) regulated by the Securities Commision (SC to provide peer-to-peer (P2P) financing in the country since 2016.

This round of fundraising is to facilitate further expansion and growth in other regions (including Singapore which is licensed under the Monetary Authority of Singapore (MAS) and has gone live since July 2021) as well as to catapult further growth in-country through enhanced systems and human resources especially in sales to widen market reach aiming at driving funding opportunities for more MSMEs outside the Klang Valley.

PROBLEM

Alternative platform for MSMEs to raise debt for business usage as well as opportunity for investors in invest in the debt financing of MSMEs for the general public as part of creating better financial well-being.

To close the MSMES funding gap significantly is limited due to the platform’s existing human resources and ability to attract high performing talents due to direct competition with traditional lenders (the banks). Despite being fully digital, direct handholding is still necessary to guide the MSMEs due to the lack of proficiency in managing applications themselves.  At the same time, the reach to investors is still just at early adopters and therefore, successful funding may be at stake despite the MSMEs being able to pass credit evaluation for hosting.

SOLUTION

The platform needs to increase its speed and attractiveness to recruit the right talents up to a 100 Headcount as per our business growth plan to catapult growth in other regions within the country i.e. Johor, Penang, and East Malaysia as well as the region which faces similar pain points and issues in terms of MSMEs funding ie. Australia, Philippines etc.

The business can solve current pain points through immediate expansion, continuous investments in systems as necessary to improve the UI/UE as well as continuously drive education as well as awareness of Fundaztic as an alternative, easy and safe to use funding and investment platform. 

Fundaztic aims to make available high yield and stable investment assets to the instituitions/ fund managers/ high net worth and mass market through improving its overall platform experience both from the tech and customer experience perspective as well as usability to manage the investors' investments through the platform.  

The platform currently takes care of the end-to-end investment process for investors which include onboarding of issuers, credit asssessments, approvals, repayments, as well as collections and recoveries. Moreover, the invesment already has a Smart Invest feature where the platform automatically checks available blaances of each investors for investments based on their pre-set criteria everyday at 3.00pm. 

Not only that, Fundaztic also has unique features not available in other platforms namely Secondary Market and Principal Protect. 

Secondary Market provides greater peace of mind to investors as it allows for early exit before the maturity dates of Notes invested in the event of unforeseen needs of funds invested in the Notes.  Principal Protect provides greater assurance on the risk assessment taken by the platform to ensure on quality of the Notes by providing free of charge protection to investors that at all times, their capital would be intact up to stipulated amounts if they qualify for the protection by investing in simple, easy to achieve terms.  

TRACTION

CUSTOMERS

MSMEs seeking to raise debts for business purposes.  Typically, they consist of micro and small business having difficulty to obtain financing from the banks due to the small funding size, their business tenure and/or lack of collaterals as track records required by the banks.

The general public aged 18 and above seeking to enhance their financial well-being through regulated alternative investments in the debt-financing of MSMEs.

BUSINESS MODEL

MARKET

Operating in P2P industry.

Maintain at least 50% market share in terms of number of unique MSMEs successfully funded.

Currently Singapore has gone live and is regulated by the MAS. Planning to expand to Australia and other regions in the SEA.

COMPETITION

Fundaztic is the only player that focuses on a 2-3 years term loan with a small average note size of RM60,000 to RM70,000 , a single product strategy focusing on diversification for better risk management. 

FUNDING

VISION

THE COMPANY

Date of incorporation – 18th December 2015

Registration number – 201501044334 (1169655-M)

Date of commencement of business – 7th July 2017

FOUNDERS

TEAM

DISCLAIMERS
  • No shares will be allotted or issued based on this document after six months from the closing of the offer period.

  • This issue, offer or invitation for the offering is a proposal not requiring authorisation of the Securities Commission under section 212(8) of the CMSA 2007.

  • This document has not been reviewed by the Securities Commission Malaysia. The Securities Commission does not recommend nor assumes responsibility for any information including any statement, opinion or report disclosed in relation to this fund raising exercise and makes no representation as to its accuracy or completeness. The Securities Commission expressly disclaims any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the information disclosed.

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RISK WARNING


Equity Crowdfunding is risky. You are investing in early stage companies which may not do well and could even fail. You could lose part or all of your investment. You may not be able to sell your shares easily.

Investments are speculative and carry high risks. To decrease exposure, these types of investments should only be made as part of a diversified portfolio. Spread your risks and only invest money that you can afford to lose. pitchIN wants all investors to understand these risks and make careful investment decisions. You are also encouraged to seek independent advice.