Fund.Me - Now Everyone Can Be Finance

Fund.Me - Now Everyone Can Be Finance

Fund.ME - Your Financial Second Chance

Fund.ME

Through Fund.ME, we hope to give a “Second Chance” to individual that will and had been rejected by the banks or financial institutions on their loan application. We are going to be the First Malaysian Peer to Peer financing platform for individual obtaining financing for asset based loan.

 

Business Information

Every 10 individiual that apply for a bank loan financing, 6 out of 10 person will be rejected. They are rejected for several reasons such as bad credit scoring, high committment, CTOS Trade Reference and many more. FundMe is committed to provide a solution to these individual to ensure they obtain the required financing.

Our vision is to provide financial education, advisory and solution professional for these applicants and grow to be the First Peer to Peer (P2P) financing platform for individual obtaining financing for asset based loan in Malaysia.

 

Company Profile

Hi, I am Jerry Foo Kok Xiang, the founder of Fund.ME

I am a Petroluem Engineer Bachelor Degree graduate from University Technology Petronas (UTP). I started working with Schlumberger as a Wireline Engineer for 5 years across the border.

I then stepped into real estate industry selling properties since 2006 with IQI Global then move on to Polygon Properties.

Throughout my years in the industry, I saw both side of the transaction. Every sales agent intended to sell their properties to the customers but 70% of the purchaser will have issues in obtaining a bank financing.

The customers will want to purchase or invest into real estate but will faced with disappointment when they could not get their loan application approve.

The vicious cycle has a huge impact and domino effects to the whole economy.

Putting things to perspective, when a customer are unable to obtain a bank loan financing, the purchasing of the property stop. It then affect the property developer as they have unsold inventories. These overhang units, will lead to developer not developing and building as per planned causing the whole supply chain to  be affected in terms of employments and business that direct and indirectly contributes to the development of a property and the after service.

The problem that the market faced have a unique solution which has yet to be commercialize. I have foreseen the tremendous potentials for the development of a P2P platform for these individuals in the near future. This prompted me to bootstrapped and operate on a boutique scale since April 2019, testing and proving that the concept has real value in real life application.

With full cooperation, support and contributions by our partners, we created the network platform looking forward to the sustainable growth in future.

After Fund.ME achieving the First and Largest P2P platform for individual obtaining financing for asset based loan in Malaysia, we set our target to attract more people to make full use of this Debt Management Solution model through our platform in place of the traditional financing approach to hasten transactions and to avoid other matters arising.

 

Project Description

Fund.ME, Now Everyone Can be Finance.
 

Every person in the world will in their lifetime, will purchase asset such as properties or vehicles. 98% of people will apply for a loan financing with the banks or financial institutions. The individuals that obtain a loan approval will be able to acquire the asset and pay a monthly repayment to the banks. The banks able to generate revenue (principal + interest) repaid by the borrower. This is the perfect scenario.

Statistic shown that 60% of Malaysian are unable to obtained the desire financing due to reasons such as bad credit scoring, high commitment, CTOS trade reference and other factors.

Fund.Me offers a step up solutions to these 60% of Malaysian.

We provide free Financial Education to the members to improve their financial literacy. This will equiped them with the knowledge to better handle their financials. This is crucial as no Malaysian are being taught this subject 1/3 throughout their life.

Financial Advisory platform are for graduated members. Where we will analyze and study their financial portfolio. Each members will have a score card and profile summary on what to do next.

They then can enroll to our Debt Management Program. This is where the eligible individual will be able to get their desire loan financing approve.

 

Currently, the solution are provided to individuals purchasing a property. Our platform partners and collaborate with property developer, real estate agency & agents, insurance agents, lawyers and bankers to provide a wholesome total one stop solution.

We are hopeful that our efforts can help individuals to obtain the desired financing. In the meantime, this will also serve to help the property developers, property agency & agents and the banks to enhance successful transactions. We are prepared to liaise with other property portals and partners to foster a win-win situation

 

Why Crowdfunding?

Local Expansion dan Domination
 

Rush out from Malaysia and entering Southeast Asian Markets

Since there are many individuals faced with loan rejections. We hope to fully developer the Fund.Me platform market based in Malaysia. Then duplicate and expand across SEA to be the No.1 Peer to Peer (P2P) financing platform for individual obtaining financing for asset based loan


In our pipe line, we planned to create the Malaysia No.1

Debt Management Solution to provide high approval on financing application. This is to allow property owners, property developers, real estate agencies, real estate agents, lawyers, bankers to collaborate.We also plan to create a Network linking these group together and expanding it to other sectors.

 

Fund.Me headquarter is in Kuala Lumpur. At the moment, Fund.Me has 31,500 followers.

Our plan is to use the funds obtained from the crowdfunding project to build a Peer to Peer (P2P) Financing Platform so as to increase the exposure rate for Debt Management Solution. We will focus heavily brand awareness dan marketing to increase public exposure to the platform. We also hope to partner with government agencies to provide this solutions.

We shall release the news of this fund raising project through various online platforms and different media like traditional and online media, etc. We shall also organize briefings and seminars to share the details of the crowdfunding project to our members and investors.

30% of this fund obtained from the crowdfunding will be used for operation expenditures, 25 % for research and software development and the remaining 45% for marketing expenses. (Eg. Advertisement)

 

Team

 

 

Price / Option
價格 / 選項
  • RM100 - 无条件支持我们
  • RM300 - 送 1 x [CTOS Check + CTOS Review Consultation (30mins)]
  • RM600 - 送 CTOS Check + Portfolio Review Consultation (60mins)]