CapSphere is Malaysia's first asset-based peer-to-peer financing platform that connects small and medium enterprises (SMEs) seeking funding with investors willing to provide capital secured by collateral. By offering tailored, low-interest loans, CapSphere addresses the challenge of accessing flexible financing for business expansion and working capital.
Funding
$250K raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Small and medium-sized enterprises (SMEs) in Malaysia often face challenges in securing flexible financing options for business expansion and working capital due to stringent requirements from traditional financial institutions. This lack of access to capital can hinder growth and limit opportunities for SMEs to thrive.
Solution
CapSphere operates an asset-based peer-to-peer (P2P) financing platform that connects SMEs seeking funding with investors looking for opportunities to provide capital secured by collateral. The platform offers customized, low-interest loans to SMEs, addressing the financing gap by providing a more accessible and flexible alternative to traditional bank loans. By requiring SMEs to provide collateral, CapSphere aims to reduce risk for investors while enabling SMEs to obtain the necessary funds for growth. The platform also provides an ethical, Shariah-compliant option for investors seeking to align their investments with Islamic principles.
Target Audience
CapSphere targets Malaysian SMEs seeking financing for expansion or working capital, as well as investors looking for opportunities to invest in SMEs with reduced risk through asset-backed investments.
Features
- Online platform connecting SMEs seeking financing with investors.
- Asset-based financing model requiring collateral from SMEs to secure investments.
- Customised and flexible loan options tailored to the specific needs of SMEs.
- Low-interest rates designed to make financing more accessible for small businesses.
- Shariah-compliant investment options adhering to Islamic finance principles.
- Online investment platform.
- Mobile app available on iOS and Android.