CGC Digital, the fintech subsidiary of Credit Guarantee Corporation Malaysia Berhad (CGC), announced Monday a strategic collaboration with B2B Finpal, a peer-to-peer (P2P) financing platform, aimed at broadening access to financing for Malaysia’s micro, small, and medium enterprises (MSMEs).

The duo said in a statement that this collaboration introduces a bespoke credit guarantee scheme by CGC Digital to support B2B Finpal’s Purchase Financing product—an innovative, short-term financing solution designed to help MSMEs meet capital needs during procurement cycles.

The initiative addresses long-standing financing gaps by combining digital innovation with tailored risk- sharing mechanisms.

The key features of the Purchase Financing program include financing of up to MYR 300,000 ($70,805) to empowering MSMEs to fulfil larger purchase orders; short-term tenure of up to 120 days to support efficient procurement and fulfilment without immediate financial strain; fast approvals within five days to ensure quick access to funds when MSMEs need it most.

The partnership marks the first phase of a broader, scalable program, with both parties committed to co-developing more financing products to further strengthen MSME financial inclusion across Malaysia.

In addition, the purchase financing product will be made available on imSME, Malaysia’s first online financing referral platform for MSMEs, operated by CGC Digital.

This integration is set to increase visibility and accessibility, helping more businesses identify and secure suitable financing solutions.

“This partnership reflects our commitment to accelerating MSME growth by collaborating with alternative finance providers,” said Yushida Husin, Chief Executive Officer of CGC Digital.

“At CGC Digital, we champion open and inclusive partnerships that go beyond platforms,

“By embracing innovation and collaboration, we are building a more inclusive financing ecosystem that meets the evolving needs of Malaysian MSMEs,” she added.

Through this strategic alliance, CGC Digital and B2B Finpal are poised to make a meaningful impact on the country’s MSME financing landscape, said the statement.

CGC Digital is a FinTech company, established as the digital arm of Credit Guarantee Corporation Malaysia Berhad.

Registered in July 2022, its primary goal is to empower MSMEs by creating a simpler and more seamless financing experience in the digital ecosystem.

B2B Finpal is an approved peer-to-peer (P2P) financing platform registered with the Securities Commission Malaysia.

Focused on serving the needs of Malaysian businesses, B2B Finpal connects creditworthy MSMEs with investors, offering fast, flexible, and transparent financing solutions to support business growth.


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