Malaysia: Digital financing platform GAX to offer loans for MSMEs from first half 2016

Malaysia: Digital financing platform GAX to offer loans for MSMEs from first half 2016

From left: Asean Business Advisory Council chairman Dr Mohd Munir Majid, Silverlake Axis Ltd founder Goh Peng Ooi and senior executive VP Fabian Lum.

The newly launched Growth Accelerator Exchange (GAX) targets to disburse between 10,000 and 20,000 loan applications to micro, small and medium enterprises (MSMEs), with a loan size of around MYR20,000 to MYR50,000 ($4,687 to $11,719).

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