KUALA LUMPUR, March 27 (Bernama) –- Since inception, Equity crowdfunding (ECF) and peer-to-peer (P2P) financing have facilitated 7,218 micro, small and medium enterprises (MSMEs) to raise more than RM4.4 billion, said the Securities Commission (SC). In its Annual Report 2022 released today, the SC said there was a 36 per cent decrease in total fundraising via ECF in 2022 to RM140.4 million (2021: RM220.7 million), but the campaign sizes were larger, with 21 per cent of campaigns raising above RM3 million each (2021: 17 per cent of campaigns).

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