microLEAP

microLEAP is an Islamic and Conventional P2P (Peer-to-Peer) Financing platform that focuses on the microfinance sector.

microLEAP aims to be the number one P2P microfinancing platform in Malaysia, servicing micro-enterprises that may find it difficult to borrow via traditional means.

microLEAP was founded in 2018 and is headquartered in Petaling Jaya, Selangor, Malaysia.

 

microLEAP offers alternative financing and investment tools. The company focuses on the microfinance sector and claims to be the first P2P operator in the country that offers Islamic and conventional financing on the same platform.

 

Microleap is looking to expand its Islamic P2P financing services to small and medium-sized enterprises, along with new products such as Islamic car dealer financing and Islamic invoice financing in 2021. It also aims to launch its mobile application this year.

 

microLEAP is backed by MAA Group. The company raised $700K in a new round on Jan 12, 2021. This brings microLEAP's total funding to around $3.26M to date.

 

 

  • Year founded: 2018
  • Funding Info: $3.3M over 3 Rounds (Latest Funding Type: Corporate Round)
  • Yearly Revenue: NA
  • Employee Size: 2-10
  • Business Valuation: NA
  • City/Town: Petaling Jaya
  • State: Selangor
  • Country: Malaysia
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