- P2P websites have raised US$ 1.78 billion as of 30 September 2024
- Offers two key financing options: billing funding &, pre-financing
SARANA, an alternative financing option offered by nine SC-registered peer-to-peer ( P2P ) financing platform operators under the government e-procurement system, has been made available by the Securities Commission Malaysia (SC ). Effective immediately, SARANA aims to address the working capital needs of micro, small and medium enterprises ( MSMEs ) and small contractors involved in government contracts for supplies, services, or works.
The program offers two primary financing options:
- Billing financing: To support cash flow after deal supply.
- Pre-financing: To give original working capital before task execution.
Participating P2P program providers include:
- Bay Smart Capital Ventures Sdn Bhd
- B2B Finpal Sdn Bhd
- Capsphere Services Sdn Bhd
- Crowd Sense Sdn Bhd*
- P2P Nusa Kapital Sdn Bhd*
- FBM Crowdtech Sdn Bhd
- MicroLEAP PLT*
- Modalku Ventures Sdn Bhd
- Moneysave ( M ) Sdn Bhd*
( *Offers Shariah-compliant financing )
Supported by the government, as outlined in Budget 2025, SARANA offers an alternative to conventional financing, helping companies bridge crucial funding gaps. This initiative aligns with the SC’s Catalysing MSME and MTC Access to the Capital Market: 5-Year Roadmap ( 2024–2028 ), enabling greater access to capital markets via , P2P platforms.
Since the SC introduced the P2P regulatory framework in 2016, these platforms have raised US$ 1.78 billion ( RM7.9 billion ) as of 30 September 2024, playing a crucial role in supporting locally incorporated businesses.
For more details on SARANA, explore www. sc.com. my/sarana