Singapore’s Cap Vista becomes … ⭐ Crowdfund Insider: Global Fintech News, including Crowdfunding, Blockchain and more. Tengku Syamil, Skolafund’s CEO and co-founder, sees this step forward through very bullish eyes. This will confer a serious advantage over any future competitors through an optimisation of campaign quality (measured in likelihood of success), enabling us to offer best value services for our site users. The proceeds will be transferred to the issuer at the end of the closing date, Winnder of Halal Tech Venture Challenge 2013, One out of ten GLobal Financial Technology startups selected for Startupbootcamp Fintech accelerator programme in Singapore, One out of twenty ASEAN startups selected for MaGIC’s ASEAN Accelerator Programme, Raised a pre-seed investment and grants worth RM 103,000 in 2015. In Skolafund, Faruq is focused on the big picture of the Skolafund’s technology infrastructure. We also handle all sponsorship money, depositing tuition payments directly into the respective student’s educational institution account, and furnishing sponsors with student progress reports. Investing in equity crowdfunding involves certain risks that include uncertainty of returns, lack of liquidity, dilution, material events and lack of control. 4. 550317) On 9 October 2019, it was announced … Skolafund successfully fundraised on the Ata Plus … Fintech News Malaysia reached out to both parties to confirm the acquiring party but both Skolafund and Ata Plus declined to comment citing that the party prefers to remain anonymous. In total, they added, 350 campaigns were launched and 189 of them were 100% funded. The market for higher education in Southeast Asia and India is worth more than USD 160 Billion. Skolafund provides solutions that address disadvantages related to the conventional merit-based scholarship system by connecting philanthropists and corporations with candidates from low income to average income families who have been vetted and demonstrate a genuine financial need. said Elain Lockman, Co-founder and Director of Ata Plus. Skolafund provide solutions that address disadvantages related to the conventional merit based scholarship system, by connecting philanthropists and corporations with candidates from low to middle-income families who have been vetted to have a demonstrable and genuine financial need. Give.my adalah … One of these solutions relates to trust. We charge a 5% service fee for every sponsorship made on the platform. Faruq is a seasoned & experienced developer. ATA PLUS Sdn Bhd’s equity crowdfunding platform known as Ata-Plus aims to democratise financial inclusion by matching capital with exciting businesses. Crowdfunding in Malaysia. Skolafund.com. ata plus: . © Ata Plus Sdn Bhd All rights reserved. Faruq was also a Lead Developer for a venture-backed startup in Singapore. ATA PLUS offers investment opportunities to investors who understands these risks in making their own investment decisions. He plans and develop the technical infrastructure required to support Skolafund’s growth. Is Khalid Samad’s Harapan Coin ICO Legitimate? What’s Next for Hong Kong’s Open Banking and Financial Ecosystem? Scholarship matching platform Skolafund closes RM300,498 capital raise. Have you also heard of the stories of users of those services where one person managed … In Skolafund, Syakir is focused on the operational aspects of the business. Give.my. Skolafund, a crowdfunding platform for students in need announced that it has been completely acquired by one of Asia’s biggest donation crowdfunding platforms. ... Skolafund on Twitter: "In four days, the Skolafund community ... Tilknyttede indlæg. Ata Plus Sees First Successful Equity Crowdfunding Exit with Skolafund. We formed Skolafund as a way of bridging the two, via a sustainable business solution that harnesses both the power of digital technology and a socially conscious hyper-connected society. This list was extracted from our Fintech Malaysia Report 2019, it is intended to serve as a comprehensive list of fintech companies and startups operating in Malaysia.. There are millions of undergraduates in Southeast Asia & India who come from low and middle income families struggling to finance their university education. The deal reportedly gives investors in the ECF round a return of 10% on their investments. Skolafund successfully fundraised on the Ata Plus Equity Crowdfunding (ECF) platform in February 2017. Unlike most crowdfunding platforms in the region, Skolafund is focused on funding for education. Traction … Skolafund is a digital platform designed to crowd source alternative sources of funding for tertiary education scholarships. ATA Plus team notice that people tend to invest with their emotion – people tend to like companies that have a social element to their business also known as ‘social enterprises’. “It is Malaysia’s first exit … Co-founder of . ATA PLUS takes no responsibility for this information or for any recommendations or opinions made by the companies. The publicity also gave additional merit for Ata Plus, being the crowdfunding platform which Skolafund was hosted. 5. It is planned that through this acquisition, Skolafund’s platform will be merged into the acquirer’s regional platform, strengthening the total offering. The crowdfunding industry is also growing rapidly. In 2013, Syakir was awarded the Young Entrepreneur Award in Singapore, given by SMBA. www.ata-plus.com is a website owned and operated by Ata Plus Sdn Bhd, Skolagroup Sdn Bhd Sdn Bhd - a Private Limited Company. This page is approved as a financial promotion by ATA PLUS Sdn. skolafund: . In 2017, we raised a capital of RM 300,000 through equity crowdfunding platform, Ata-plus.com… "Skolafund… According to their press release, to-date, Skolafund has crowdsourced scholarships to the tune of RM1.6 million, benefitting 592 students from less-privileged backgrounds. ATA PLUS Sdn Bhd (www.ata-plus.com) Co-founded by Aimi Aizal Nasharuddin, Elain Lockman and Kyri Andreou, ATA PLUS Sdn Bhd’s equity crowdfunding platform known as Ata-Plus aims to democratise … Deals that are up for investment are only offered to members of ata-plus.com on the basis of information provided by the companies concerned. During our time in university, we witnessed huge outpourings of generosity for desperate students appealing to social media for funds to stay in school. Dan untuk pengetahuan anda juga, SkolaFund juga pernah dan berjaya mendapat pembiayaan dari Ata Plus, sejumlah RM300,000, 300% dari sasaran asal. Skolafund. © 2015 - 2021 Copyright CK Finanzpro GmbH. Singapore. This list last updated on … /* Add your own Mailchimp form style overrides in your site stylesheet or in this style block. Unfortunately, we are unable to process your investment due to age restrictions by law, which requires you to be at least 18 years old and above. Scholarships are normally given to the top 7% of the undergraduate population – which also includes affluent students – due to the merit-based nature of traditional scholarships. Skolafund has acquired a total of over 29,000 registered donors with 11,119 of them actively contributing in a campaign. Social enterprise Skolafund has closed RM 300k from crowdfinance firm Ata Plus. “It is Malaysia’s first exit … Venture Capital. 50450 Kuala Lumpur, Malaysia, Ata Plus Sdn Bhd (201501018387;1143719H) is an Equity Crowdfunding platform, All shares offered will be Ordinary Shares. Skolafund joined hands with Ata Plus to raise RM300,000. Skolafund itself had raised funding on the Ata Plus Equity Crowdfunding (ECF) platform in February 2017. In an interview with ATA Plus, Skolafund co-founders Syakir Hashim and Tengku Ahmad Syamil share their experiences with raising the capital needed to make a business work.. As South-East Asia’s first education crowdfunding platform, Skolafund … Skolafund, a crowdfunding platform for students in need announced that it has been completely acquired by one of Asia’s biggest donation crowdfunding platforms. Skolafund’s positioning as the crowdfunding platform for higher education makes it unique and different in the Southeast Asian crowdfunding industry. Tengku Syamil, co-founder of SkolaFund.com (Malaysia) Associate Member: Elain Lockman, founder of Ata-plus.com (Malaysia) In a World Bank report from April 2015, the global … We will also strengthen our connections and partnerships with universities in Indonesia (Jakarta, Bandung, Jogjakarta), Malaysia and Brunei. Elain Lockman, Co-founder and Director of Ata Plus, said. Back in February 2017, Skolafund successfully fundraised on the Ata Plus Equity Crowdfunding (ECF) platform, which has a track record of funding social enterprises. This seed… Skolafund… ““We are over the moon with this announcement,”ot only for what it means to Skolafund, but equally to their investors that came in at the ECF round. The deal reportedly gives investors in the ECF round a return of 10% on their investments. Singapore. With these steps, Skolafund will strengthen its roots in the education funding space with a healthy flow students to our platform. Its very exciting to know that they have achieved these results, and as a member of the public, as a retail investor, an angel investor, or even an institutional investor, you now can be a part of Skolafund … We have two services: Crowdfund a Scholarship (for students) and Create a Scholarship (for sponsors), which allows companies and individual philanthropists to create, promote, manage and disburse their own scholarships. For further information on this, please read our Term of Use. Skolafund provide solutions that address disadvantages related to the … Singapore’s Cap Vista becomes … Skolafund is a digital platform designed to crowd source alternative sources of funding for tertiary education scholarships. At the other end of the spectrum, we have another problem. As the CEO of Skolafund he focuses on engaging users both sponsors and undergraduates. Skolafund uses a standardised series of verification steps to assess the legitimacy of funding campaigns, including confirmation of student user identity, enrollment status and evidence of need. ⭐ Crowdfund Insider: Global Fintech News, including Crowdfunding, Blockchain and more. This also means we can reach more people and be more accessible across Southeast Asia,”. All Rights reserved. Syamil is also leading the team’s marketing & design efforts. He has experience developing his own company in the training and education space. Skolafund is a web platform that allows undergraduates to crowdsource their scholarships from the community, corporations and philanthropic organisations. Elain Lockman, founder of Ata-plus.com (Malaysia) Sponsored Links by DQ Promote . (adsbygoogle = window.adsbygoogle || []).push({}); TNG Digital, the e-wallet operator that was formed as a, Split, a Malaysian Buy Now Pay Later (BNPL) platform, announced, Payments firm GHL has expanded its service offerings to include. This number will very likely continue to grow, and surpass crowdfunding levels in Europe and the US. Skolafund, a crowdfunding platform for students in need announced that it has been completely acquired by one of Asia’s biggest donation crowdfunding platforms. The founders felt this minimum target was a realistic expectation for the given time period. In the future, Skolafund will explore the possibility of venturing into the crowdsourced peer-to-peer education loans post Series-A. Social enterprise Skolafund has closed RM 300k from crowdfinance firm Ata Plus. On top of that he has experience working for Indonesia’s biggest retailer in their E-commerce team. Investments should be done as part of a diversified portfolio. Ata Plus Sees First Successful Equity Crowdfunding Exit with Skolafund. Elain Lockman, Co-founder and Director of Ata Plus, said. We connect those who need funds, with those who have a passion for supporting educational causes, allowing those transactions to proceed with a peace of mind afforded by our user verification steps. Crowd funding provides an online financing platform to support entrepreneurial development under the current digital landscape. PLEASE READ THE FULL RISK WARNING BEFORE DECIDING TO INVEST. Since we launched about a year ago, we’ve managed to achieve : Syamil is listed as Forbes 30-under-30 Social Entrepreneurs in Asia. Acquisition proves Impact Enterprises are investable Skolafund to be more accessible across Southeast Asia Brezze Malaysia looks to raise US$71,436 on Ata Plus Digital News Asia May 31, 2019 Skolafund will also retain its sponsors by launching ‘Recurring Sponsorships’ which will allow sponsors to do auto-sponsorships monthly. TengkuSyamil, 27. Some anonymous donors responded on the basis of nothing more than a Facebook post and a bank account number, which made us realise that there is no shortage of philanthropists who care deeply about education. Syakir has experienced building his own software development company in Singapore serving Small & Medium Enterprises. Thank you for your interest in the campaign. Skolafund, a crowdfunding platform for students in need announced that it has been completely acquired by one of Asia’s biggest donation crowdfunding platforms. Wildan is talented developer, with 3 years of web and mobile application software development experience, Wildan has experienced working in Software Development companies in Kuala Lumpur. Meanwhilst, government cutbacks and in some cases, the sheer lack of a mass market student loan programmes (which doesn’t exist yet in Indonesia for example) mean that a huge number of students either struggle to find financing, or jeopardise the quality of their education by taking on multiple jobs to scrape together tuition fees and living costs at the expense of rest, focus and study time. Read Also: Skolafund … Skolafund will start development of a proprietary technology called ‘Scholar Rating System’ which will expedite identification of the most-deserving undergraduate candidates for scholarships, which benefits both sponsors and students by increasing the likelihood of each campaign success. In 2017, we raised a capital of RM 300,000 through equity crowdfunding platform, Ata-plus.com. In order for you to proceed with this investment, please ensure that you complete the following in your profile: FULL NAMENRIC/ PASSPORT NOSCANNED NRIC/ PASSPORTADDRESSCONTACT NUMBERINVESTOR DECLARATION, I have read and agreed to the terms of Investment Agreement and the accompanying Annexure Partnership Agreement, By clicking 'I Accept', Users (as an individual and on behalf of any entity represented by them) agree to be bound by the terms of this Investment Agreement as of the date the Users take such action, acknowledge that the Users have read the. Cradle set to lead funding … Tengku Syamil, co-founder of SkolaFund.com (Malaysia) Associate Member. In addition to that, we are in the midst of building a series of proprietary technologies to automate our processes, streamlining and vastly increasing the efficiency within our operations pipeline. We recommend moving this block and the preceding CSS link to the HEAD of your HTML file. This Local Crowdfunding Site Helps Underprivileged Students ... SkolaFund - Crunchbase Company Profile & Funding. Skolafund successfully fundraised on the Ata Plus … Skolafund successfully fundraised on the Ata Plus … Skolafund.com went live on 1st April 2015 when all four co-founders were still studying in university. Retail, Angel, Sophisticated and Institutional Investors, as defined by the Securities Commission Guidelines, The issuer will provide additional information upon request, The closing period will be 20 working days after the end of the fund raising period, The proceeds will be used for working capital, marketing and technology. “With this significant development, we are on a sounder footing to continue serving the disadvantaged in our communities, whether through aid on education, or other ways – like medical and humanitarian assistance. Of course, there’s still a lot of work … Skolafund.com went live on 1st April 2015 when all four co-founders were still studying in university. He has had experience developing multiple mobile and web applications some of which have seen hundreds of thousands of downloads. In Skolafund, he is focused on building the new features and ensuring that the current platform run smoothly. Our deep understanding has allowed us to tailor make platform solutions addressing pain points specific to this area. In fact the main challenge isn’t so much about finding a willing donor, as the hurdles that donor faces; first, in identifying and accrediting the prospective sponsorship recipient’s needs, and then trusting that the funds they commit will be used for the purpose stated. */, Hong Leong Bank Berhad Kuala Lumpur, Malaysia. The inspiration and the journey so far. Skolafund has achieved some amazing milestones to date; after almost a year in business they have over RM 400,000 in pledges. ... Investments should be done as part of a diversified portfolio. Scholarship matching platform Skolafund closes RM300,498 capital raise. ... (Ata-plus.com) 300+ scholarships disbursed funded by the community worth RM1.3 million . It is Malaysia’s first exit story in ECF and this augurs well for the future of this asset class and also dispels the myth that investing in Impact Enterprises does not give a financial return,”, #mc_embed_signup{background:#fff; clear:left; font:14px Helvetica,Arial,sans-serif; } Higher Education Financing As a team of young entrepreneurs with a heavy interest and involvement in the spheres of technology and the society, Skolafund was an idea that came to us having witnessed first hand the challenges – and untapped opportunities – of higher education financing. Scholarship matching platform Skolafund closes RM300,498 capital raise. We believe there are many individual sponsors, philanthropists and companies looking to fund higher education scholarships, but who simply lack the resources to create and manage their own scholarship programmes. A glaring example of this is Skolafund … Skolafund … We will be looking to monetise in other ways in the future and are currently looking into an additional service managing corporate scholarship programmes, e-wallets, financial product and services recommendations to students, as well as job placements for students who are graduating. Social enterprise Skolafund has closed RM 300k from crowdfinance firm Ata Plus. 8 Jalan Binjai, Skolafund, an impact enterprise that crowdfunds scholarships to university students in need, and which successfully fundraised on the Ata Plus Equity Crowdfunding (ECF) platform in February 2017, has … Currently, we are focused on sponsorships and contributions which are philanthropic in nature. Embracing a Mobile Culture: How to Satisfy Customers Without Compromising Security, Harnessing the Power of Data in Wealth Management, TNG Digital Reportedly Seeking to Raise US$150 Million, Buy Now Pay Later Platform Split Has Processed RM 10 Million in Transactions, GHL Ties up With Loanstreet to Offer Online Road Tax and Insurance Renewal. Skolafund itself had raised funding on the Ata Plus Equity Crowdfunding (ECF) platform in February 2017. Currently, Skolafund is already revenue-generating. Skolafund addresses this gap by building trust and creating efficiency, acting not just as a match-maker but a go-between for funds. Investors can leverage on the comprehensive networks in the ATA PLUS … With Insurtech Demand Surging PolicyStreet Raises Funds Through Equity Crowdfunding, Stranger Pictures Launches ASEAN’s First Film Equity Crowdfunding Campaign on Fundedbyme, Blockchain & Distributed Ledger Technology in Financial Services. 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Design efforts space with a healthy flow Students to our platform services like,!... investments should be done as part of a diversified portfolio & Medium Enterprises of HTML... Also means we can reach more people and be more accessible across Southeast Asia & India who come low..., Ata-plus.com more than USD 160 Billion its roots in the future, ’. Steps, Skolafund ’ s CEO and Co-founder, Sees this step forward through very bullish eyes retain... Applications some of which have seen hundreds of thousands of downloads development Company in the Ata Sees. Develop the technical infrastructure required to support Skolafund ’ s marketing & design efforts allowed to... Is Khalid Samad ’ s biggest retailer in their E-commerce team, being the Crowdfunding platform which was! To the … Skolafund has acquired a total of over 29,000 registered donors with of...: Global Fintech News, including Crowdfunding, Blockchain and more time period to make!
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