Page 241 - SC SCAR 2023 ENGLISH Flipbook
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2022 2023
PART 6 MARKET STATISTICS
PEER-TO-PEER FINANCING1
CAMPAIGNS
Since its inception, P2P financing has raised a total of RM5.96 billion via 85,793 campaigns with 15% of the total funds raised contributed by Shariah-compliant campaigns. In 2023, the total funds raised grew by 32% to RM2.09 billion, from RM1.58 billion in 2022 (Chart 1). Likewise, total campaigns in 2023 increased to 31,002 from 24,455 in 2022.
Campaign sizes in 2023 continued to be of smaller fundraising amounts, with 67% of campaigns raising RM50,000 and below (Chart 2). Wholesale and retail trade; repair of motor vehicles and motorcycles remained the largest sector served in 2023, with total funds raised amounting to RM1.12 billion (Chart 3).
CHART 2
Campaign sizes
RM50,000 and below
>RM50,000 to RM200,000
>RM200,000
CHART 3
70% 67%
24% 28%
CHART 1
Total funds raised
7
6
5
4
3
2 RM1.58 1
Top 5 sectors by total funds raised
Wholesale and retail trade; repair of motor vehicles and motorcycles
Administrative and support service activites
Construction
Per year Cumulative
RM5.90
RM2.09
RM3.80
Information and
communication 2022
0
2022 2023
Manufacturing
2023
RM800 RM1,200 RM millions
RM400
1
Previously reported statistic has been adjusted according to latest reported numbers.
SECURITIES COMMISSION MALAYSIA ANNUAL REPORT 2023 239
RM billions