Fundaztic

Fundaztic is a revolutionary app that aims to transform the financing ecosystem into a transparent, simple, and fair online marketplace. It is owned and managed by Peoplender Sdn Bhd, a licensed Recognised Market Operator by the Securities Commission of Malaysia. The app leverages technology to enhance access to financing and investment for businesses and individuals with low entry barriers. Through a fast and simple online application process, businesses can easily access financing, while investors can provide funds in exchange for attractive returns on investment. With minimum and maximum repayment periods ranging from 6 months to 36 months, and an Annual Percentage Rate (APR) ranging from 8.15% to 13.85%, the app offers a convenient and efficient platform for achieving financial goals.

Features of Fundaztic:

⭐ Easy and fast application process: The app offers a streamlined online application process for both borrowers and investors. This allows borrowers to receive financing quickly and investors to start earning attractive returns on their investments without hassle.

⭐ Low entry barriers: The app aims to provide access to financing and investment opportunities for businesses and individuals with low entry barriers. This means that even small businesses or individuals who may not qualify for traditional loans or investment options can still benefit from the app's platform.

⭐ Transparent and fair marketplace: The app is committed to transforming the financing ecosystem into a transparent and fair online marketplace. This allows borrowers and investors to have full visibility into the terms and conditions of funding, ensuring that both parties are treated fairly and can make informed decisions.

⭐ Attractive returns on investment: Investors on Fundaztic's platform have the opportunity to earn attractive returns on their investments. With a range of investment notes available, investors can diversify their portfolio and potentially earn higher returns compared to traditional investment options.

FAQs:

⭐ What is the minimum and maximum period for repayment of funding? The app offers a repayment period of 6 months (minimum) to 36 months (maximum) for funding.

⭐ What is the maximum Annual Percentage Rate (APR) on funds borrowed? The APR on funds borrowed through Fundaztic ranges from a minimum of 8.15% to a maximum of 13.85% per annum.

⭐ What fees are associated with borrowing on the platform? Borrowers on the app's platform are subject to two fees: a RM1,000 fee at the Funding Application stage for verifying and reviewing the funding request, and an Origination Fee equivalent to one percent (1%) per annum of the principal amount for the tenure of the funding to cover platform administration costs.

Conclusion:

The app offers a user-friendly and accessible peer-to-peer financing platform for both borrowers and investors. With a simple online application process, low entry barriers, and a commitment to transparency and fairness, the app aims to revolutionize the financing ecosystem. Investors can expect attractive returns on their investments, while borrowers have access to easy financing. Whether you're a business owner looking for funding or an individual looking to invest, Fundaztic provides an innovative and convenient solution to achieve your financial goals.