Expo on crowdfunding and fintech

LISTED Australian crowdfunding company CoAssets is organising the inaugural Expo for Property, Investing and Crowdfunding (Epic) in Kuala Lumpur on Oct 24 and 25 to highlight the potential of crowdfunding and financial technology (fintech) in Asia, as well as to connect investors to businesses.

“Crowdfunding in Asia, specifically in Malaysia, is gaining much interest.

“With the Malaysia Securities Commission (SC) issuing six equity crowdfunding licences in June 15, we believe more and more people will want to know what this new trend is all about,” said Getty Goh, CoAssets chief executive officer.

“Although CoAssets does not have an equity crowdfunding licence and we have not done any crowdfunding in Malaysia, we have been active around the region and would like to do our part for the local crowdfunding community.

“Hence, we felt organising a major expo would help bring topics like crowdfunding as well as fintech to a wider audience,” he said.

Goh said they had lined up many prominent speakers to share their crowdfunding expertise, including Elizabeth Siew, lawyer and managing partner of Iqbal Hakim Sia & Voo, and representatives from PropellarCrowdPlus and Eureeca, two of the six approved equity crowdfunding platforms in the country.

Property advisor and investment coach Milan Doshi will also be speaking, giving attendees a good mix of property, investment and crowdfunding presentations during the two-day event.

To create greater exposure to the crowdfunding ecosystem, CoAssets has shortlisted six startups to showcase their products and offerings at Epic. Startups looking for funding and business opportunities in Malaysia will also be participating in a pitching contest.

The most popular startup with the highest vote will be awarded with RM10,000.

Some of the startups involved in this contest include I Transcend, ParkEasy, Square Social Com-merce, ImageCrowd and Busttle Eco Ride.

There will also be a lucky draw, with participants standing a chance to win RM10,000 cash in prize. In addition, developer Hatten Properties will sponsor a three-day, two-night trip to Malacca.

Prior to this upcoming event, CoAssets successfully organised an Epic expo in Singapore in July.

The event attracted more than 900 participants, comprising industry stakeholders, businesses and investors. It also drew 16 exhibitors from eight countries, namely Singapore, Malaysia, Thailand, Indonesia, Mongolia, Cambodia, Australia and the UK.

MayBank, Propertyguru and Seristine Properties Ltd were among companies that attended the Singapore event.

In total, more than S$9mil worth of business deals were generated.

“We received positive feedback from exhibitors and event attendees,” reported CoAssets chief techinical officer Seh Huan Kiat.

“This is because unlike other expos, we try to organise sessions for businesses and investors to directly connect with each other.

“One such event is the Speed Networking Session, also known as SNS. This is similar to speed dating but it gives business owners an opportunity to meet as many investors as possible and vice versa.

“This provides some structure to break the ice, and we have found that exhibitors and attendees were able to have meaningful business discussions after that.”

Source: The Star Online


More information, kindly visit http://s.coassets.com/FF1