Malaysia’s P2P total financing to reach RM1b in 2020

DOMESTIC peer-to-peer (P2P) financing industry is expected to exceed RM1 billion in 2020, said the Funding Societies Malaysia. Co-founder and CEO Wong Kah Meng (picture) said with the total financing for the industry standing at RM521 million last year, 2020 poised to record more growth. “As the Malaysian government seeks to boost micro, small and medium enterprises’ (MSMEs) GDP contribution…