MoneySave Crowdfunds RM190m in past 18 months with 0%
Default Rate
For its achievements
in 2021, Moneysave has also won numerous awards such as Golden Bull Award, SME100 Malaysia –
Fast Moving Companies, Alibaba Cloud CREATE Top 5 in ASEAN, STAR Outstanding
Business Award and DPI Innovative Leadership and many others.
Investments using MoneySave Platform benefits
Malaysian SMEs directly as it provides working capital and project financing
required by the SMEs from various industries such as Aerospace Engineering,
Food Manufacturing and Distribution, FMCG, AgriTech, PowerTech and Energy, Oil
& Gas Services and many others.
Since its launch the past 18 months, MoneySave
has:
1)
Crowdfunded >RM190m and benefited a supply
chain of >5,000 SMEs and Enriched >50,000 Families indirectly
2)
Provided Safer Investment Platform with 0%
Default Rate by the SMEs since launch
3)
Provided Investor returns >16% per annum
(effective rate)
4)
>50% of SMEs are Crowdfunded in <30
minutes on Moneysave
5)
And the SMEs receive the investments within the
same day
MoneySave is the 1st Crowdfunding
Platform in World to use a patented Risk Reduction Incentive Score where SMEs
enjoy lower cost of financing if they lower their credit risks.
For example, if they provide Post Dated Cheques
as security, they enjoy 0.50% p.a. discount, with Personal Guarantee the
discount is 1.50% p.a., with Key Man Life Insurance assigned to the Platform’s
Investors the discount is up to 1.50% p.a. and many others.
MoneySave crowdfunds companies from 6 months old
incorporation onwards and does not need any collateral as security for
financing up to RM25m currently.
Moneysave
over the next 5 years would contribute to Malaysia:
·
An
economic multiplier effect of Moneysave’s funding expected to be >RM160bn
(>5% of GDP) based on RM16bn of SME Funded
· Our success would benefit >100,000 SMEs (10% of SMEs in Malaysia) and Enrich 1,000,000 Families
Moneysave’s track record in Malaysia includes
being:
·
The Fastest Crowdfunder of RM10.3m in less than
30 minutes on 9/9/2021
·
Fastest Crowdfunder per Issuer in Malaysia at 95
secs for Potboy Groceries in 2020.
Vincent Soh the Founder of Moneysave |
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