# Fundaztic

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/fundaztic

- Industry: Financial Services
- Headquarters: Selangor, Malaysia
- Website: www.fundaztic.com/my/
- Total disclosed funding: $6.2M
- Latest round: Seed (Dec 30, 2022)
- Investors on record: 3

## About

Based in Malaysia, and founded in 2016 by Jeffrey Chew, Michael Ooi, Gary Tan, Fundaztic, aka Peoplender Sdn. Bhd, is a peer-to-peer financing platform providing firm. As of 2021, the firm is led by its CEO Calvin Foo. The firm’s client base includes retail, wholesale, food and business, e-commerce, construction, manufacturing, and others. In 2021, Fundaztic disburses more than RM100 million and finances 49% of 3500 MSMEs in Malaysia.

Fundaztic provides a platform that offers financial services to customers by connecting investors with entrepreneurs. The firm’s platform includes BizGrow 3.1 max-RM200K, BizXcel, Biz-Lazada 2.0, and others having different terms and conditions of services that help in making investments as well as receiving funds.  These services are also availed through mobile applications supported by iOS, and android devices.

## Funding rounds

- Seed, Dec 30, 2022, $3.7M — Mezzanine Partners, Paramount Corporation Berhad, PitchIn
- Seed, Nov 1, 2018, $2.5M — Mezzanine Partners, PitchIn

## Investors

- Mezzanine Partners — Seed
- PitchIn — Seed
- Paramount Corporation Berhad — Seed