What Alixco P2P Financing does

Alixco P2P Financing is a Malaysia-based digital alternative finance platform operated by FBM Crowdtech Sdn Bhd, headquartered in Kuala Lumpur and dual-licensed by the Securities Commission Malaysia for peer-to-peer (P2P) financing and equity crowdfunding (ECF). Founded in 2015 and live since 2017, the platform connects small and medium-sized enterprises seeking growth capital with a retail investor base of 5,000+ registered users across 20+ countries. Core products include issuer P2P campaigns and ECF offerings, supported by proprietary underwriting tools — a Z-Score multi-factor risk model and a Social Scoring Algorithm — alongside automated eKYC and document validation workflows. The platform reports RM 230M+ facilitated across 600+ campaigns, a 97.6% on-time repayment rate, and an average net investor return of 11.26% p.a.

Alixco monetizes via a multi-layered transaction-fee model: an origination fee of 2–6% on P2P capital raised, an investor-side platform fee of 0.35–2%, ECF success fees of 5–7% plus a 1% sign-up fee and a 10% performance fee, and per-director due diligence fees (RM 100). Trust infrastructure is provided through a Living Will arrangement with Crowd Tech Nominee and Maybank Trustee as custodian, with credit data partnerships with Experian and CTOS. The platform has set a target of RM 500M cumulative facilitation by 2027 and has recently broadened distribution through an agent referral programme, joined the MyCIF (Malaysian Co-Investment Fund) initiative for blended-finance SME deals, and participated in industry events such as GROWMatch and Slush'd.

Name

Alixco P2P Financing

Legal name

FBM Crowdtech Sdn Bhd

Website

https://alixco.com

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

11–50 employees

Short description

Alixco P2P Financing is a Malaysia-based, SC-licensed peer-to-peer lending and equity crowdfunding platform connecting SMEs with a 5,000+ investor retail base across 20+ countries, having facilitated RM 230M+ across 600+ campaigns since 2017.

Ownership category

akta.pro rank

Product category

Peer-to-Peer Lending & Equity Crowdfunding

NAICS

Securities and Commodity Exchanges (5232), Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523), Portfolio Management and Investment Advice (523940)

SIC

Security Brokers, Dealers & Flotation Companies (6211), Security & Commodity Brokers, Dealers, Exchanges & Services (6200)

akta.pro primary industry

P2P Small Business / SME Marketplace Lending (FSAKAHAC)

akta.pro secondary industry

Equity Capital Markets Advisory (Equity Issuance Strategy & Readiness) (FSACAAAI)

Keywords

• P2P lending
• Equity crowdfunding
• SME financing
• Alternative finance
• Investment marketplace

Headquarters

HQ city

Kuala Lumpur

HQ country

Malaysia

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. P2P Origination Fee (Issuer): Charges issuers an origination fee of 2-6% of the total amount financed, dependent on riskiness, tenure, investment size and additional services. This is a success-based fee charged at funding.
2. P2P Investor Platform Fee: Small fee of 0.35% to 2% on repayments only, meaning investors keep 98-99.65% of their total repayments. No upfront fees; no fee if there's no repayment.
3. ECF Platform Fees (Issuer): Success-only fee of 5-7% and 1% sign-up fee (usually between RM 2,000 and RM 15,000 depending on deal size and complexity). Additional fees for legal or consulting may apply up to 2% of targeted funding amount.
4. ECF Investor Performance Fee: Small fee for transactions and performance profit fee of 10% (or between 0%-20%) on any distributions or returns from ECF investments, meaning investors typically keep 80-100% of profits subject to taxes.
5. Due Diligence Fee (Issuer): Non-refundable due-diligence fee of RM 100 per director charged upon application for financing.
6. Security Deposit (Refundable): Security deposit deducted from financing amount (usually 10% of fundraising amount) to cover administrative charges in event of default. Fully refundable if issuer does not default or breach terms.

Pricing tiers

Go-to-market motion4 records

Distribution channels4 records

Marketing channels6 records

Core offering

Alixco is an SC-regulated digital marketplace connecting investors with Malaysian SMEs through two products: P2P Financing (debt-based investment notes with fixed monthly interest, target 8-12% p.a.) and Equity Crowdfunding (equity stakes in growth-stage companies). The platform enables retail and international investors to invest from RM 200 in vetted campaigns while SMEs raise RM 50,000 to RM 5 million in working capital or growth funding without traditional bank collateral.

Product overview

Alixco is a dual-product SC-regulated marketplace operated by FBM Crowdtech Sdn Bhd, offering two distinct capital-markets products on a single unified platform: (1) P2P Financing — a debt-based peer-to-peer lending product where investors purchase investment notes issued by vetted SMEs and receive fixed monthly repayments; and (2) Equity Crowdfunding (ECF) — an equity-based product where investors acquire share stakes in growth companies. Under the P2P umbrella, sub-products include Working Capital Financing, Invoice Financing, and the MyCIF Co-Investment programme for government-backed blended finance. A supplementary platform feature, the ROI Calculator, supports investor decision-making by visualising projected returns across products.

Differentiator

Problem solved

Functional benefit

Products and services

• P2P Financing Peer-to-peer debt financing product connecting retail and international investors with vetted Malaysian SMEs. Investors purchase investment notes issued by businesses and earn fixed monthly interest (target 8-12% p.a., up to 16% p.a.). SMEs receive short-term working capital (RM 50,000 to RM 5 million, tenures 1-24 months) without traditional bank collateral. Includes a 3-step credit evaluation (Z-Score model, Experian checks, social scoring algorithm) and risk grades from AAA to D.
• Equity Crowdfunding (ECF) Equity-based fundraising product where investors acquire shares in growth-stage companies in exchange for capital. Returns come from dividends or exit events (trade sale, IPO) rather than fixed interest. Open-ended long-term tenure with higher risk but long-term upside potential. Eligible issuers can raise up to RM 20 million collectively through ECF platforms in their lifetime.
• Working Capital Financing General-purpose P2P funding for SMEs to finance payroll, inventory, contract fulfillment, or other operational needs. Offered as a sub-type of P2P Financing with tenures of 1-24 months and amounts from RM 50,000.
• Invoice Financing P2P-funded facility enabling SMEs to unlock cash tied up in outstanding invoices with 30-, 60-, or 90-day payment terms. Designed to address short-term liquidity gaps without requiring traditional collateral.
• MyCIF Co-Investment Programme Government co-investment programme via the Malaysia Co-Investment Fund (MyCIF, managed by Securities Commission Malaysia) that co-invests alongside private investors on eligible P2P campaigns, increasing funded amounts and reducing effective cost of capital for qualifying SMEs. Eligible issuers qualify without a separate application.

Quantifiable outcome

• 97.6% on-time repayment rate across portfolio with 2.78% default rate
• +5 more outcomes

Named customers13 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

AI capability5 records

Feature5 records

Partnerships

Six partnerships are on record, tiered flagship, core and support.

• Securities Commission Malaysia - GROWMatchflagshipStrategic or Co-development Partner · 17 September 2025Theme: 'Tackling Industry Challenges to Strengthen Malaysia's Food Security with Alternative Financing'. Alixco opened investor registration for the GROWMatch Pitch Day event.
• MARDI SHOWTECH 2025flagshipGTM or Marketing Partner · 31 May 2025Angelld Quah, Co-Founder and COO, presented on Alternative Financing and Investment Opportunities for Research & Development Commercialisation at MARDI SHOWTECH 2025.
• Slush'd Penang 2025flagshipGTM or Marketing Partner · 20 May 2025Alixco showcased its vision at Slush'd Penang 2025, demonstrating P2P and ECF innovation for unlocking growth for Malaysian SMEs. Pitch event connecting fintech founders with investors.
• Securities Commission Malaysia & Iskandar Investment BerhadflagshipStrategic or Co-development Partner · 20 May 2024Co-hosted the NaviGate: Capital Market Green Financing Series to advocate for sustainable financing in Malaysia. Alixco presented on alternative financing solutions for SMEs.
• Experian (formerly RAMCI)coreTechnology or IntegrationThird-party credit rating agency providing additional credit scores covering credit history of the company and its directors as part of the 3-step credit evaluation process.
• Debt Recovery PartnershipssupportImplementation/ SI/ Consulting PartnerIn the event of a default, Alixco works with a leading debt recovery agency to actively pursue and recover outstanding payments from issuers, maximizing potential recovery for investors.

Scale indicators11 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Kiva: Global non-profit P2P lending platform connecting individual lenders with small borrowers (often SMEs/microfinance) worldwide. Comparable retail-investor-to-SME marketplace model, though with a charitable rather than yield-driven angle.
• Seedrs / Crowdcube: European retail equity crowdfunding platforms (now merged) providing comparable ECF functionality to growth-stage companies. Comparable investor base (retail/angels) and equity-crowdfunding mechanics to Alixco's ECF product.
• LendingClub: US-listed pioneer in P2P consumer and small business lending marketplace. Comparable marketplace architecture and investor/borrower matching, though materially larger and operating under US credit and securities regulation.

Direct peers

• FundedHere: Singapore-headquartered ECF and P2P platform with Malaysian activity, regulated by the Monetary Authority of Singapore. Comparable dual product mix (equity + debt) and SME/startup issuer focus, though primarily Singapore-domiciled.
• Funding Societies: Largest P2P/SME financing marketplace in Southeast Asia, operating across Malaysia, Singapore, Indonesia, Thailand and Vietnam. Directly comparable business model (debt-based P2P to SMEs), with both retail and institutional investor participation and similar SC Malaysia-style regulation in-market.
• Modalku (Funding Societies brand): Indonesia-facing brand of the Funding Societies group; largest P2P operator in Indonesia by GMV. Comparable business model and SME underwriting approach to Alixco, operating under a similar (though distinct) regulatory regime.
• PitchIN: Malaysian Securities Commission-registered equity crowdfunding platform focused on helping SMEs and startups raise growth capital. Directly comparable on the ECF side of Alixco's dual product offering.
• Ata Plus: Malaysian Securities Commission-registered equity crowdfunding operator offering similar ECF campaigns to Malaysian growth companies. Comparable in product (ECF), regulator (SC Malaysia), and target issuer profile (SMEs/startups).

Regional players

• Ethis: Sharia-compliant P2P crowdfunding platform operating across Southeast Asia including Indonesia and Malaysia. Comparable in P2P SME financing model, with overlapping Malaysian activity but a regional (Islamic finance) angle.
• Crowdo: Singapore-based P2P lending and crowdfunding platform with Malaysia and Indonesia operations (now merged into Funding Societies). Historically a directly comparable regional SME P2P operator.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/alixco
• Xx.com/AlixCo_P2P

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

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 Alixco P2P Financing