Imagine waking up to a world where your favourite local café, the one that served up your morning coffee with a side of friendly chatter, is now just another faceless global chain. The impact of losing SMEs goes far beyond the closure of familiar shops and eateries; it strikes at the heart of our community spirit and national identity.
As Malaysia celebrates Merdeka, we honor the SMEs that embody our spirit of independence. These businesses are the backbone of our economy—making up 97% of enterprises and contributing 38.2% to our GDP. They drive innovation, create jobs, and nurture our culture.
Despite their significance, securing financing remains a major challenge for SMEs. Conventional loans can be costly and risky, but fintech solutions are stepping up to fill the gap.As of June 2024, ECF and P2P platforms have collectively provided nearly RM8 billion in funding to over 18,000 MSMEs, fueling their growth and success.
Platforms like peer-to-peer lending, invoice financing, and crowdfunding are revolutionizing the way SMEs access capital, making it easier for them to thrive. Capsphere’s P2P financing has always been supporting local businesses in their efforts to grow and improve since 2021.
As we reflect on our nation’s 67 years towards independence, let’s take a moment to appreciate the SMEs that make Malaysia unique and discover how fintech solutions like Capsphere’s P2P financing is supporting local businesses in their efforts to grow and improve.
Success Story 1: Osmocell Malaysia
Success Story 2: AZ Tech
Despite operating in different industries, Capsphere is proud to be a reliable financing and growth source to Osmocell Malaysia and AZ TECH. As we write this, AZ TECH is in the process of increasing its credit limit and expanding its client base with Capsphere.
Here's a striking fact: Did you know that only 0.01% of businesses are listed on Bursa Malaysia’s stock market? This means 99.9% remain out of reach for most investors. Capsphere's platform opens new opportunities for supporting these vital businesses.
Celebrating Merdeka and reflecting on our nation’s journey reminds us that supporting local businesses is more than just an economic decision—it’s about keeping our communities alive and strengthening the spirit of our independence. By choosing to support our own, we not only honor our past but also help build a future where our nation’s heart beats stronger and our freedom shines even brighter.
As we stand united in the spirit of Merdeka, the power to shape the future lies in our hands. If you're an SME ready to seize new horizons, we're here to fuel your ambition—reach out to us at sme@capsphere.com.my
And for those eager to drive Malaysia's growth, join us on our platform and become an Investor.
Download our app today!
Your support can ignite the success of countless SMEs across our nation. Together, let's build a brighter tomorrow. Start your journey today.
Selamat Hari Merdeka, Malaysia!
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