Please be informed that Cradle office will be closed from throughout CMCO in line with the Conditional Movement Control Order (CMCO) announced by Senior Minister (Security Cluster) Datuk Seri Ismail Sabri Yaakob recently.

Latest News

SC announces eight new recognised market operators

SC announces eight new recognised market operators

Published 17 May, 2019

KUALA LUMPUR: The Securities Commission (SC) has announced eight new recognised market operators comprising three equity crowdfunding (ECF) and five peer-to-peer (P2P) financing platforms to spur micro, small and medium enterprises (MSMEs) development.

SC chairman Datuk Syed Zaid Albar said the registration of the new platforms will help to further broaden ECF and P2P financing markets and enable healthy competition while meeting unmet demand from both issuers and investors.

“One particular segment where digitisation has made an impact is the financing of MSMEs.

“Despite being a vital component of the Malaysian economy, MSMEs are traditionally under-served by the financial system,” he said at an event announcing the new financing operators, today.

With the new ECF and P2P financing players, which will operationalise by year-end, there are now 21 market-based financing platform operators registered in Malaysia.

As at end-March 2019, the ECF and P2P financing market has provided close to RM350mil of alternative financing for nearly 900 micro, small and medium enterprises.

Separately, the SC also released a new property crowdfunding framework. This is pursuant to an initiative announced under Budget 2019 to provide alternative financing for first-time buyers.

Source From Start Online


Dear Valued Entrepreneurs, Partners & Start-ups, The Malaysian Government has announced a Movement Control Order (MCO) from the 13th January – 26th January 2021 in 6 states including Kuala Lumpur by the Prime Minister, Tan Sri Muhyiddin Yassin on the 11th January 2021.

Please note that Cradle has never appointed any agent or representative to act on our behalf. If you have been approached by any party, who claims to be the representative or agent appointed by Cradle, who claims to be able to facilitate or guarantee in securing grants/funds from Cradle, whether in return for a fee/favour or otherwise OR if you have doubts about the authenticity and credibility of such party, please contact the Management immediately.