Islamic banks-backed platform partners with equity crowdfunder to expand options for Malaysia’s start-ups and SMEs
Malaysia’s IAP Integrated and Ata Plus will start sharing venture leads in an alliance they hope will expand investment options for start-ups and SMEs.
IAP Integrated is a crowdfunding platform owned by Raeed Holdings that is backed by a consortium of six Islamic banks. Ata Plus is an equity crowdfunder licensed with the Securities Commission.
“Working together was inspired by the fact that IAP is not able to provide all the needs of our applicants,” IAP Integrated CEO Joann Enriquez told Salaam Gateway.
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