Q: Is Mystartr recognized and regulated?
We were firstly incepted in 2012, as a reward-based crowdfunding platform. In 2019, recognized by The Securities Commission. Mystartr has been recognized by the Securities Commission (SC) as a licensed ECF Platform since 2019.
Since then, We have numerous ECF projects, from small to medium sized companies, with a variety of backgrounds, such as platforms, technology, food, etc. So far, we have helped a number of companies to raise more than RM 160 Million! The number is keep increasing…
You may refer link below for Recognised Market Operators (RMO) list: https://www.sc.com.my/development/digital/digital-initiatives#id-fintech
- More info in Investor Resources Hub: Why choose Mystartr as your investing platform?
Q: How does Mystartr help prevent risks including fraud?
Mystartr will perform the necessary due diligence to ensure that all disclosure documents lodged with us are verified and such documents will be made available to Investors through Mystartr’s ECF Platform.
- More info in Investor Resources Hub: Understand, Manage and Reduce the Risks of Equity Crowdfunding (ECF)
- More info in Issuer Resources Hub: What is Due Diligence
Q: Is raising funds via an ECF Platform legal in Malaysia?
Yes. The Securities Commission of Malaysia (“SC”) has recognized such fund-raising method in Malaysia since 2015 but only ECF Platforms approved by the SC can host Issuers on their platforms publicly.