Top 10 Best Crowd-Funding Platforms in Malaysia 2023

Crowdfunding is a method of raising capital to sponsor ventures and companies. Fundraisers can use online platforms to gather money from a sizable audience. Startup enterprises and expanding businesses most frequently use crowdfunding as a means of obtaining alternative capital. It is a creative method of obtaining finance for new projects, enterprises, or concepts.

If the fundraising campaign is successful, crowdfunding platforms typically charge fundraisers a fee. Platforms for crowdfunding are required to offer a safe and simple service in exchange. Here are the top 10 best crowd-funding platforms in Malaysia 2023. 

What are the types of crow-funding?

There are four different types of crowdsourcing available. For businesses and investors, each type offers a different set of advantages. You must decide which is best for your company, project, or endeavor.

Debt Crowdfunding

Debt crowdfunding gives potential backers the opportunity to contribute money to your project in exchange for receiving interest on their investment. The benefit of this model is that it might be simpler to garner support for a cause because supporters are drawn to receiving a reward. The ideal candidates for this sort of crowdfunding may be companies with a history of profitable operations.

Equity Crowdfunding

An equity crowdfunder will contribute money in exchange for stock or a tiny ownership in your company, or project. Crowdfunding of this kind might be most effective for growth-oriented businesses in markets with good potential for profit.

Donation Crowdfunding

The goal of this sort of crowdfunding is to bring together a community online and enable people to give to a project. It is ideal for charities or those who raise money for social or charity causes. While the majority of well-known charities handle this through their own website, crowdfunding sites can be helpful for smaller organizations and individuals who are trying to raise money for their own causes or particular charity.

Rewards Crowdfunding

With reward crowdfunding, investors can invest in your project in exchange for non-monetary rewards. This kind of finance is frequently utilized for artistic endeavors. Typically, it works like a worn-out system: the more money an investor gives to your fund, the bigger the payout they will get.

Top 10 Best Crowd-Funding Platforms in Malaysia 2023

1. Peoplender Sdn Bhd

Peoplender-Sdn-Bhd
Image Credit: Crunchbase
Peoplender-Sdn-Bhd
Image Credit: Malaysian Business

Peoplender Sdn Bhd in 2015 to address the complexity of financial technology, a group of people who follow advancements.  In order to operate a peer-to-peer financing platform, Fundaztic was granted the coveted Recognised Market Operator license by the Securities Commission of Malaysia. The company was established with the primary goal of promoting increased access to financing for micro entrepreneurs and startups.

Operating hours:
9am to 6pm (Monday – Friday)
Closed on Weekend

Address: Co-Labs Coworking The Starling Plus Level 4, Uptown 7, Jalan SS 21/39, Damansara Utama, 47400 Petaling Jaya, Selangor

Phone No: 012-5085853

Google Map: Navigate Now

Google Reviews: Here

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2. MyStartr Sdn Bhd

MyStartr-Sdn-Bhd
Image Credit: Mystartr
MyStartr-Sdn-Bhd
Image Credit: Mystartr

The MyStartr crowdfunding website is for those who want to see their creative projects come to life, whether they are in the fields of movies, video games, music, art, design, or technology. Projects are independently developed by the individuals who are behind them, known as creators, and are made a reality through donations from others. The projects’ creators are solely responsible for them. They spend weeks creating their pages and coming up with perks to give supporters who pledge financial support.

Operating hours:
9am to 6pm (Monday – Friday)
Closed on Weekend

Address: E-28-1, Jalan Multimedia 7/AG, City Park, I-City, Shah Alam, Selangor, 40000 Malaysia

Phone No: 03-5888 8318

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Google Reviews: Here

Refer Info On Website

3. iPivot

iPivot
Image Credit: iPivot
iPivot-
Image Credit: iPivot

iPivot creates an environment where entrepreneurs can mingle with the “right crowd”. The equity crowdfunding hub for ASEAN, and will work with various government organizations in Malaysia and the region. It will also tap into various early-stage incubators and investing networking groups throughout the region.

Operating hours:
9am to 6pm (Monday – Friday)
Closed on Weekend

Address: Crowdplus Asia, SO 17-1, Menara 1, Strata Office, 3, Jalan Bangsar, KL Eco City, 59200 Kuala Lumpur, Federal Territory of Kuala Lumpur

Phone No: 03-22016302

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Website Info

4. Netrove Ventures Group

Netrove-Ventures-Group
Image Credit: Netrove Ventures Group
Netrove-Ventures-Group-
Image Credit: Netrove Ventures Group

The Netrove Ventures Group offers a distinctive feature that connects skilled mentors from throughout the region to help boost success for businesses they have supported. To create the ideal atmosphere for entrepreneurs, it works with numerous government organizations, makes use of numerous early-stage incubators, and uses Malaysia as the equity crowdfunding hub for ASEAN.

Operating hours: Open 24 hours

Address: Bukit Tunku, 50480 Kuala Lumpur, Federal Territory of Kuala Lumpur.

Phone No: 03-6205 2223

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Google Reviews: Here

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5. ATA PLUS Sdn Bhd

ATA-PLUS-Sdn-Bhd
Image Credit: Ata plus
ATA-PLUS-Sdn-Bhd
 Image Credit: Ata plus

Ata-Plus, an equity crowdfunding platform run by ATA PLUS Sdn Bhd, strives to democratize financial inclusion by connecting investors with innovative companies. Investors can control risk while promoting sustainable business by utilizing the extensive networks in the ATA PLUS ecosystem. At Ata-Plus, Aimi contends that resourcefulness can be just as valuable as innovation, in contrast to Lockman’s positive outlook and Andreou’s relentless challenge of the status quo with creative ideas.

Operating hours:
10am to 5pm (Monday – Friday)
Closed on Weekend

Address: Level 33, Ilham Tower, 8, Lrg Binjai, Kuala Lumpur, 50450 Kuala Lumpur

Google Map: Navigate Now

Google Reviews: Here

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6. SkolaFund Sdn Bhd

SkolaFund-Sdn-Bhd
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SkolaFund-Sdn-Bhd
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The Skolafund platform connects investors with deserving impoverished undergraduates. Skolafund enables individuals who want to pursue a postsecondary education to essentially raise money for their own tuition costs or other potential education-related obligations. Skolafund connects donors and businesses with applicants from low- to middle-income families who have been screened and demonstrate a genuine financial need in order to alleviate drawbacks associated with the traditional merit-based scholarship system.

Address: Plaza First Nationwide, 161, Jalan Tun H S Lee, City Centre, 50000 Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur

Phone No: 017-8705703  

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7. Alix Global Sdn Bhd

Alix-Global-Sdn-Bhd
Image Credit: Alix Global
Alix-Global-Sdn-Bhd-
Image Credit: Alix Global

Alix Global Sdn Bhd becoming the leading provider of neo-marketing solutions in Malaysia by essentially digitizing traditional businesses. Alix Global’s team of eight professionals, who collectively have a wealth of experience and knowledge, works to increase the competitiveness of small and medium-sized enterprises (SMEs) in Malaysia. Significant accomplishments include receiving authorization from the Securities Commission of Malaysia to operate as an equity crowdfunding operator,

Operating hours: 
9am to 6pm (Monday – Friday)
Closed on Weekend

Address: Suite 11.01 Level 11 South Wing Menara OBYU No 4, Jalan PJU 8/8A, Damansara Perdana, 47820 Petaling Jaya, Selangor

Phone No: 03-77124924

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8. PitchIn Platforms Sdn Bhd

PitchIn-Platforms-Sdn-Bhd
Image Credit: Equity PitchIn
PitchIn-Platforms-Sdn-Bhd
Image Credit: Hiredly

The pitchIN, established in 2012 by Sam Shafie and Kashminder Singh, have been able to successfully complete. The  First-ever Indie festival in Penang, TAPAUfest, and TeeSomethingNice, a t-shirt project in honor of Hari Malaysia are just a few of the notable projects that reward crowdfunding is accomplished by them. Whereby initiatives or projects are proposed to the public and supporters are given rewards by the project owners. Additionally, equity crowdfunding is used, in which private businesses use an internet platform to solicit capital from investors in compensation for company shares.

Operating hours:
9am to 6pm (Monday – Friday)
Closed on Weekend

Address: E-12-08, Menara Suezcap 2, KL Gateway, 2, Jalan Kerinchi, 59200 Kuala Lumpur

Phone No: 012-5385899

Google Map: Navigate Now

Google Reviews: Here

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9. EdSpace Projects Sdn Bhd 

EdSpace-Projects-Sdn-Bhd-
Image Credit: Central.mymagic
EdSpace-Projects-Sdn-Bhd-
Image Credit: Edspace

EdSpace Projects Sdn Bhd is a social enterprise offering a crowdfunding platform for education. By enabling individuals to directly support teachers’ worthwhile classroom initiatives, it seeks to eliminate obstacles that prevent instructors from offering the best learning experience. It has worked with e-commerce sites like foodpanda and KFIT, as well as organizations like Teach For Malaysia and the YTL Foundation.

Address: 6 Jalan Galloway, Kuala Lumpur, Wilayah Persekutuan K.L 50150, MY

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10. GIVE.MY

GIVE.MY
Image Credit:GIVE.MY
GIVE.MY-
Image Credit:GIVE.MY

GIVE.MY gives instructors the tools they need to realize their own educational projects by encouraging teachers’ innovation, the crowdfunding portal. Give.my, which enables individuals to support and finance projects, is for teachers who wish to begin important but unique projects that need money. Give.my has been utilized by many educators who want to transform the educational landscape to gather money from the general public for past projects including study trips and workshops.

Operating hours: Open 24 Hours

Address: Insan Dinamik Groups, Lvl 23, NU Tower, 2, Jalan Tun Sambanthan, sentral, 50470 Kuala Lumpur

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Disclosure: This list was compiled by the team at My Weekend Plan after extensive research and shared opinions to suggest helpful recommendations for the public. The sequence of brands is in no particular order so if you have any other great suggestions too, please email us [email protected] For more information, kindly refer to our copyright, privacy & disclosure policy.

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