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Fundaztic’s US$3.5 million second ECF on pitchIN oversubscribed

Digital News Asia LogoDigital News Asia1 mo ago

Fundaztic’s US$3.5 million second ECF on pitchIN oversubscribed - Digital News Asia

Quick Summary:

Raised US$3.7 mil from 51 investors

It raised $2.2 million in its first campaign on pitchIN pitchIN has announced that the equity crowdfunding (ECF) campaign of Peoplender Sdn Bhd, Fundaztic’s corporate entity, has raised more than US$3.5 million (RM16 million) on its platform, making it one of the largest ECF rounds in Malaysia. 

In a statement, the equity crowdfunding platform said this ECF campaign was oversubscribed in less than two weeks. 


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Article Details

Author / Journalist: Gerry Wong

Category: EconomyStartups

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-12-01 @ 12:17:22 (1 months ago)

News Timezone: GMT +8:00

Ranking: #2594 (out of 6481 stories this day)

News Source URL: digitalnewsasia.com

Language: English

Article Length: 309 words

Reading Time: 2 minutes read

Sentences: 8 lines

Sentence Length: 39 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Digital News Asia

News ID: 2069114

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Main Topics: EconomyStartupsBusiness

Official Website: digitalnewsasia.com

Update Frequency: 4 posts per week

Year Established: 2012

Headquarters: Malaysia

News Last Updated: 1 days ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

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Publisher ID: #18

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