microLEAP

What microLEAP does

microLEAP is a Malaysia-based peer-to-peer financing platform founded in 2019, operating as MICROLEAP PLT under Malaysia's Limited Liability Partnerships Act 2012. It is regulated by the Securities Commission Malaysia as a Recognized Market Operator (RMO) and was the country's first platform offering both Shariah-compliant and conventional P2P financing. The platform connects Malaysian micro, small, and medium enterprises (MSMEs) seeking alternative financing with retail and sophisticated investors seeking yield, using a fully digital self-serve model accessible via web dashboard and native iOS/Android apps.

The platform offers six financing products to MSMEs — Micro Financing (up to 36 months), Invoice Financing (up to 180 days, up to 80% of invoice value), Purchase Order Financing, Working Capital Financing, SARANA & ePerolehan (government tender financing), and a Financial Support Letter — with minimum financing from RM1,000 and no collateral requirement (secured by personal guarantees). For investors, it offers Investment Notes starting from RM10 with advertised returns up to 18% p.a., an Auto-Invest automation feature, segregated trust accounts at licensed financial institutions, and a Shariah-compliant instrument structured via Commodity Murabahah (Tawarruq) and certified by Masryef Shariah Advisors.

microLEAP monetizes via transaction-based fees: an issuer hosting fee of up to 8% of principal plus a RM50 application fee, an investor arrangement fee of up to 2% of principal, late payment charges at 1% per day after a 7-day grace period, and an Auto-Invest administrative fee. Distribution is digital-first (web and mobile), supplemented by eight physical offices across Malaysia (Kuala Lumpur HQ, Penang, Ipoh, Muar, Johor Bharu, Kota Kinabalu, Alor Setar, Kuching) and an institutional co-funding channel via partners including SME Corp, TERAJU, MTDC, Halal Development Corporation, MyCIF, PUJB, and MPRC. As of 17 July 2026, the platform reports RM 725M+ in cumulative disbursements, 9,328+ registered investors, 1,095 financing transactions, a 0.23% default rate, and 16% net average annual return since go-live.

Name

microLEAP

Legal name

MICROLEAP PLT (201804001722 (LLP0016104-LGN))

Website

https://microleapasia.com

Company type

Private

Founded year

2019

Operating status

Operating

Headcount range

11–50 employees

Short description

microLEAP is a Malaysian Securities Commission-regulated peer-to-peer financing platform, founded in 2019, that connects MSMEs seeking alternative financing with retail and sophisticated investors via Shariah-compliant and conventional Investment Notes.

Ownership category

akta.pro rank

Product category

Peer-to-Peer Lending

NAICS

Nondepository Credit Intermediation (5222)

SIC

Loan Brokers (6163), Miscellaneous Business Credit Institution (6159)

akta.pro primary industry

P2P Small Business / SME Marketplace Lending (FSAKAHAC)

akta.pro secondary industries

SME Credit Underwriting, Scoring & Risk Analytics (FSAKAGAL), Microloans & Working Capital Loans (FSAKAGAA)

Keywords

• Peer-to-peer lending
• MSME financing
• Islamic finance
• Alternative financing
• Investment notes

Headquarters

HQ city

Petaling Jaya

HQ country

Malaysia

HQ region

Asia

Offices8 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Issuer Hosting Fee (Issuer Fee): One-time issuer fee of up to 8% of the principal financing amount, charged per individual Investment Note and deducted from the principal prior to disbursement. This covers costs of running the platform and administering the funding. Also includes a fixed RM50 fee at the Funding Application stage covering verification, review, and publishing of the Investment Note.
2. Investor Arrangement Fee: Investor fee (previously called arrangement fee) of up to 2% of the principal amount for each investment, deducted from the first monthly payment received from the Issuer and disbursed net to the investor.
3. Late Payment Charges: Late payment charges on issuers who miss scheduled payments. After a 7-day grace period, a rate of 1% per day is charged on the missed payment amount, retained by microLEAP.
4. Auto-Invest Administrative Fee: Administrative fee for the Auto-Invest feature which automates investment allocation based on investor-selected criteria. Allocations are on a best-effort administrative basis subject to availability and risk controls.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels8 records

Core offering

microLEAP operates a Securities Commission Malaysia-licensed P2P financing marketplace that connects Malaysian MSMEs seeking short-term working capital with retail and institutional investors via Shariah-compliant (Islamic) and conventional investment notes. The platform offers six financing products — Micro Financing, Invoice Financing, Purchase Order Financing, Working Capital, SARANA & ePerolehan, and Financial Support Letter — matched against Islamic and Conventional Investment Notes for investors.

Product overview

microLEAP is a regulated P2P financing platform offering a unified marketplace that connects Malaysian MSMEs seeking financing with investors looking for returns. The platform operates as a single integrated system offering two core product types—Islamic Investment Notes (Shariah-compliant via Commodity Murabahah) and Conventional Investment Notes—alongside multiple financing products including Micro Financing, Invoice Financing, Purchase Order Financing, Working Capital Financing, SARANA & ePerolehan (government procurement financing), and Financial Support Letters. For investors, the platform provides Auto Invest automation and loyalty programmes including the League of Extraordinary Investors and microLEAP Rewards.

Differentiator

Problem solved

Functional benefit

Brands

• microLEAP Islamic: Shariah-compliant P2P financing offerings certified by Securities Commission-registered Shariah Advisors, based on Commodity Murabahah principles.

Products and services

• Micro Financing Short-term working capital financing for Malaysian MSMEs, structured as a P2P investment note on the microLEAP platform.
• Invoice Financing Financing against outstanding invoices for Malaysian MSMEs, helping businesses unlock cash flow tied to receivables.
• Purchase Order Financing Short-term financing for MSMEs to fulfill confirmed purchase orders, bridging the gap between supplier payment and order delivery.
• Working Capital Financing General working capital financing for Malaysian MSMEs to fund day-to-day operations.
• SARANA & ePerolehan Financing Financing for Malaysian MSMEs holding contracts under the SARANA programme and Ministry of Finance ePerolehan government procurement platform.
• Financial Support Letter Financial support letter issued to MSMEs to support their bid or contract performance requirements.
• Islamic Investment Notes Shariah-compliant investment notes issued on the platform, allowing investors to fund Malaysian MSMEs while earning returns consistent with Islamic finance principles.
• Conventional Investment Notes Conventional investment notes issued on the platform, allowing investors to fund Malaysian MSMEs and earn returns on a non-Shariah basis.

Quantifiable outcome

• RM 725M+ in funds disbursed to Malaysian MSMEs
• +7 more outcomes

Named customers3 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Nine partnerships are on record, tiered core and secondary.

• SME Corp MalaysiacoreStrategic or Co-development PartnermicroLEAP works with SME Corp Malaysia as a key institutional partner to enhance access to funding for Malaysian MSMEs and promote MSME growth through the P2P financing platform.
• TERAJUcoreStrategic or Co-development PartnerSpecial purpose vehicle for Bumiputera entrepreneurs. microLEAP collaborates with TERAJU to channel financing to Bumiputera MSMEs and support government-linked procurement initiatives.
• MTDC (Malaysian Technology Development Corporation)coreStrategic or Co-development PartnerMTDC is a key institutional partner working with microLEAP to enhance access to funding for technology-focused MSMEs and promote innovation-driven growth.
• MyCIFsecondaryStrategic or Co-development PartnerMyCIF (MyCrowdfunding) is a securities-based crowdfunding platform. Partnership with microLEAP enables cross-platform collaboration to broaden MSME financing access.
• MAA (Malaysian Underwriters Association / related entity)secondaryStrategic or Co-development PartnermicroLEAP works with MAA and related entities to enhance access to funding and promote MSME growth, potentially leveraging insurance and microinsurance products.
• Halal Development CorporationsecondaryStrategic or Co-development PartnerHalal Development Corporation partners with microLEAP to provide Shariah-compliant financing solutions for halal industry MSMEs, aligning with the platform's Islamic financing capabilities.
• PUJB (Perbadanan Usahawan Johor Borhan)secondaryStrategic or Co-development PartnerJohor state-linked development corporation partner enabling microLEAP to reach and fund Johor-based MSMEs through state-sponsored programmes.
• MPRC (Malaysia Property Review Centre)secondaryStrategic or Co-development PartnerMPRC partners with microLEAP to enhance MSME access to funding through the P2P platform, with potential synergies in real estate and property-related business segments.
• Masryef Shariah AdvisorscoreOthersShariah advisory firm certified by Securities Commission Malaysia that audits and certifies microLEAP's Islamic Investment Notes as Shariah-compliant. Structured via Commodity Murabahah (Tawarruq arrangement). Fully certified by SC-registered Shariah Advisors.

Scale indicators8 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Funding Societies: Funding Societies is the largest P2P/SME financing platform in Southeast Asia, operating in Malaysia, Singapore, Indonesia, and Thailand. It directly competes with microLEAP in Malaysian MSME lending and offers conventionally similar risk-based investor products. Comparable scale, regulatory framework, and target borrower segments.
• LendingClub: LendingClub is a leading US-based P2P lending platform that pioneered retail-investor-funded personal and small business loans. While geography and product mix differ, the core marketplace model linking retail investors to vetted borrowers is highly comparable to microLEAP.
• AlixCo: AlixCo is a Malaysian P2P/invoice financing platform regulated by SC Malaysia, providing SME working capital financing through pooled investor funds. Direct competitor in the Malaysian marketplace lending space.
• Peoplender: Peoplender is a Malaysian P2P lending platform operating Fundaztic, directly competing with microLEAP on retail-facing investment notes and MSME financing products in Malaysia.
• Funding Circle: Funding Circle is a leading global P2P SME lending platform operating in the UK, US, and Europe. It pioneered marketplace lending for SMBs at scale and serves as a benchmark business model for microLEAP's category.
• Kiva: Kiva is a global P2P microfinance platform connecting lenders with micro-entrepreneurs worldwide. While focused on developing-market microloans, its model of pooled retail investor funding to MSME borrowers is functionally comparable to microLEAP's marketplace.
• CapBay: CapBay is a Malaysian fintech that offers supply chain financing and factoring solutions to SMEs, partially competing with microLEAP's invoice financing and working capital products. Both target underserved Malaysian SMEs.
• Fundaztic: Fundaztic is a Securities Commission Malaysia-registered P2P financing platform offering similar investment notes to retail investors and SME financing products. It directly competes with microLEAP on the same regulated marketplace.

Regional players

• BillEase: BillEase (operated by First Digital Finance Corporation) is a Southeast Asian digital lending platform; primarily Philippines-focused but representative of the broader regional fintech lending wave that shapes competitive dynamics for microLEAP.

Others

• MyCIF (My Co-investment Fund): MyCIF is a Securities Commission Malaysia programme that co-invests in P2P and equity crowdfunding campaigns. It is both a partner of microLEAP and an ecosystem-level participant that shapes the regulatory and capital-supply environment for Malaysian P2P platforms.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds2 records

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about microLEAP