|Digital in SC|
|The advent of Technology and Digitisation has far-reaching implications on society. Today, the pace of change in financial markets is rapidly accelerating via the use of new technology, allowing for the emergence of innovative market-based financing models such as crowdfunding and peer-to-peer (P2P) models.
These new alternative capital-raising avenues allow for greater democratisation of finance for the underserved small businesses and entrepreneurs with innovative business ideas.
As part of the SC’s ongoing efforts in fostering greater innovation in finance through the use of technology, we have launched the aFINity@SC initiative to call for greater participation from the industry to catalyse and nurture the development within the digital finance and technology space for Malaysia.