Tengku Syamil, co-founder of SkolaFund.com (Malaysia) Associate Member: Elain Lockman, founder of Ata-plus.com (Malaysia) In a World Bank report from April 2015, the global … Give.my adalah … Skolafund provide solutions that address disadvantages related to the … Social enterprise Skolafund has closed RM 300k from crowdfinance firm Ata Plus. We believe there are many individual sponsors, philanthropists and companies looking to fund higher education scholarships, but who simply lack the resources to create and manage their own scholarship programmes. Skolafund, a crowdfunding platform for students in need announced that it has been completely acquired by one of Asia’s biggest donation crowdfunding platforms. Unfortunately, we are unable to process your investment due to age restrictions by law, which requires you to be at least 18 years old and above. “It is Malaysia’s first exit … During our time in university, we witnessed huge outpourings of generosity for desperate students appealing to social media for funds to stay in school. One of these solutions relates to trust. Skolafund successfully fundraised on the Ata Plus … Social enterprise Skolafund has closed RM 300k from crowdfinance firm Ata Plus. The deal reportedly gives investors in the ECF round a return of 10% on their investments. Skolafund’s positioning as the crowdfunding platform for higher education makes it unique and different in the Southeast Asian crowdfunding industry. ““We are over the moon with this announcement,”ot only for what it means to Skolafund, but equally to their investors that came in at the ECF round. ATA PLUS offers investment opportunities to investors who understands these risks in making their own investment decisions. In Asia, between 2014-2015, donation-based crowdfunding volumes grew more than 160%. Skolafund, a crowdfunding platform for students in need announced that it has been completely acquired by one of Asia’s biggest donation crowdfunding platforms. Acquisition proves Impact Enterprises are investable Skolafund to be more accessible across Southeast Asia Brezze Malaysia looks to raise US$71,436 on Ata Plus Digital News Asia May 31, 2019 He plans and develop the technical infrastructure required to support Skolafund’s growth. and registered Recognised Market Operator with the Securities Commission Malaysia (No. Bhd., which is authorized and regulated by the Security Commission of Malaysia. Wildan is talented developer, with 3 years of web and mobile application software development experience, Wildan has experienced working in Software Development companies in Kuala Lumpur. In addition to that, we are in the midst of building a series of proprietary technologies to automate our processes, streamlining and vastly increasing the efficiency within our operations pipeline. Tengku Syamil, co-founder of SkolaFund.com (Malaysia) Associate Member. Deals that are up for investment are only offered to members of ata-plus.com on the basis of information provided by the companies concerned. Skolafund itself had raised funding on the Ata Plus Equity Crowdfunding (ECF) platform in February 2017. Singapore’s Cap Vista becomes … Skolafund will also retain its sponsors by launching ‘Recurring Sponsorships’ which will allow sponsors to do auto-sponsorships monthly. ATA PLUS takes no responsibility for this information or for any recommendations or opinions made by the companies. Since we launched about a year ago, we’ve managed to achieve : Syamil is listed as Forbes 30-under-30 Social Entrepreneurs in Asia. In total, they added, 350 campaigns were launched and 189 of them were 100% funded. Thank you for your interest in the campaign. Skolafund.com went live on 1st April 2015 when all four co-founders were still studying in university. Skolafund successfully fundraised on the Ata Plus Equity Crowdfunding (ECF) platform in February 2017. Its very exciting to know that they have achieved these results, and as a member of the public, as a retail investor, an angel investor, or even an institutional investor, you now can be a part of Skolafund … We connect those who need funds, with those who have a passion for supporting educational causes, allowing those transactions to proceed with a peace of mind afforded by our user verification steps. PLEASE READ THE FULL RISK WARNING BEFORE DECIDING TO INVEST. ⭐ Crowdfund Insider: Global Fintech News, including Crowdfunding, Blockchain and more. At the other end of the spectrum, we have another problem. We recommend moving this block and the preceding CSS link to the HEAD of your HTML file. Skolafund is a digital platform designed to crowd source alternative sources of funding for tertiary education scholarships. Skolafund has achieved some amazing milestones to date; after almost a year in business they have over RM 400,000 in pledges. The inspiration and the journey so far. It is Malaysia’s first exit story in ECF and this augurs well for the future of this asset class and also dispels the myth that investing in Impact Enterprises does not give a financial return,”, #mc_embed_signup{background:#fff; clear:left; font:14px Helvetica,Arial,sans-serif; } Elain Lockman, founder of Ata-plus.com (Malaysia) Sponsored Links by DQ Promote . Give.my. Ata Plus Sees First Successful Equity Crowdfunding Exit with Skolafund. The deal reportedly gives investors in the ECF round a return of 10% on their investments. (adsbygoogle = window.adsbygoogle || []).push({}); TNG Digital, the e-wallet operator that was formed as a, Split, a Malaysian Buy Now Pay Later (BNPL) platform, announced, Payments firm GHL has expanded its service offerings to include. We have two services: Crowdfund a Scholarship (for students) and Create a Scholarship (for sponsors), which allows companies and individual philanthropists to create, promote, manage and disburse their own scholarships. said Elain Lockman, Co-founder and Director of Ata Plus. Skolafund.com. Crowdfunding in Malaysia. Some anonymous donors responded on the basis of nothing more than a Facebook post and a bank account number, which made us realise that there is no shortage of philanthropists who care deeply about education. In Skolafund, Syakir is focused on the operational aspects of the business. We formed Skolafund as a way of bridging the two, via a sustainable business solution that harnesses both the power of digital technology and a socially conscious hyper-connected society. Before the analysis of challenges and dynamics with … The founders felt this minimum target was a realistic expectation for the given time period. The proceeds will be transferred to the issuer at the end of the closing date, Winnder of Halal Tech Venture Challenge 2013, One out of ten GLobal Financial Technology startups selected for Startupbootcamp Fintech accelerator programme in Singapore, One out of twenty ASEAN startups selected for MaGIC’s ASEAN Accelerator Programme, Raised a pre-seed investment and grants worth RM 103,000 in 2015. “It is Malaysia’s first exit … The crowdfunding industry is also growing rapidly. The market for higher education in Southeast Asia and India is worth more than USD 160 Billion. Skolafund provides solutions that address disadvantages related to the conventional merit-based scholarship system by connecting philanthropists and corporations with candidates from low income to average income families who have been vetted and demonstrate a genuine financial need. The publicity also gave additional merit for Ata Plus, being the crowdfunding platform which Skolafund was hosted. It is planned that through this acquisition, Skolafund’s platform will be merged into the acquirer’s regional platform, strengthening the total offering. Elain Lockman, Co-founder and Director of Ata Plus, said. Higher Education Financing As a team of young entrepreneurs with a heavy interest and involvement in the spheres of technology and the society, Skolafund was an idea that came to us having witnessed first hand the challenges – and untapped opportunities – of higher education financing. What’s Next for Hong Kong’s Open Banking and Financial Ecosystem? There are millions of undergraduates in Southeast Asia & India who come from low and middle income families struggling to finance their university education. 550317) skolafund: . Traction … This list was extracted from our Fintech Malaysia Report 2019, it is intended to serve as a comprehensive list of fintech companies and startups operating in Malaysia.. Scholarship matching platform Skolafund closes RM300,498 capital raise. Venture Capital. This page is approved as a financial promotion by ATA PLUS Sdn. We also handle all sponsorship money, depositing tuition payments directly into the respective student’s educational institution account, and furnishing sponsors with student progress reports. Meanwhilst, government cutbacks and in some cases, the sheer lack of a mass market student loan programmes (which doesn’t exist yet in Indonesia for example) mean that a huge number of students either struggle to find financing, or jeopardise the quality of their education by taking on multiple jobs to scrape together tuition fees and living costs at the expense of rest, focus and study time. Investments should be done as part of a diversified portfolio. ... Investments should be done as part of a diversified portfolio. Skolafund will start development of a proprietary technology called ‘Scholar Rating System’ which will expedite identification of the most-deserving undergraduate candidates for scholarships, which benefits both sponsors and students by increasing the likelihood of each campaign success. For further information on this, please read our Term of Use. Investors can leverage on the comprehensive networks in the ATA PLUS … Skolafund provide solutions that address disadvantages related to the conventional merit based scholarship system, by connecting philanthropists and corporations with candidates from low to middle-income families who have been vetted to have a demonstrable and genuine financial need. Crowd funding provides an online financing platform to support entrepreneurial development under the current digital landscape. www.ata-plus.com is a website owned and operated by Ata Plus Sdn Bhd, Skolagroup Sdn Bhd Sdn Bhd - a Private Limited Company. ... ATA PLUS … ⭐ Crowdfund Insider: Global Fintech News, including Crowdfunding, Blockchain and more. We charge a 5% service fee for every sponsorship made on the platform. Scholarships are normally given to the top 7% of the undergraduate population – which also includes affluent students – due to the merit-based nature of traditional scholarships. On top of that he has experience working for Indonesia’s biggest retailer in their E-commerce team. Our deep understanding has allowed us to tailor make platform solutions addressing pain points specific to this area. © 2015 - 2021 Copyright CK Finanzpro GmbH. In the future, Skolafund will explore the possibility of venturing into the crowdsourced peer-to-peer education loans post Series-A. 8 Jalan Binjai, In 2017, we raised a capital of RM 300,000 through equity crowdfunding platform, Ata-plus.com. Embracing a Mobile Culture: How to Satisfy Customers Without Compromising Security, Harnessing the Power of Data in Wealth Management, TNG Digital Reportedly Seeking to Raise US$150 Million, Buy Now Pay Later Platform Split Has Processed RM 10 Million in Transactions, GHL Ties up With Loanstreet to Offer Online Road Tax and Insurance Renewal. ... Skolafund on Twitter: "In four days, the Skolafund community ... Tilknyttede indlæg. Skolafund … All shares offered will be Ordinary Shares. Skolafund.com went live on 1st April 2015 when all four co-founders were still studying in university. Skolafund itself had raised funding on the Ata Plus Equity Crowdfunding (ECF) platform in February 2017. This Local Crowdfunding Site Helps Underprivileged Students ... SkolaFund - Crunchbase Company Profile & Funding. Skolafund, a crowdfunding platform for students in need announced that it has been completely acquired by one of Asia’s biggest donation crowdfunding platforms. Skolafund has acquired a total of over 29,000 registered donors with 11,119 of them actively contributing in a campaign. Syakir has experienced building his own software development company in Singapore serving Small & Medium Enterprises. Have you also heard of the stories of users of those services where one person managed … On 9 October 2019, it was announced … In Skolafund, he is focused on building the new features and ensuring that the current platform run smoothly. Faruq was also a Lead Developer for a venture-backed startup in Singapore. Skolafund uses a standardised series of verification steps to assess the legitimacy of funding campaigns, including confirmation of student user identity, enrollment status and evidence of need. Singapore. This seed… Skolafund… Should you require any clarification on the above, please email us at [email protected], Level 33, Ilham Tower, Faruq is a seasoned & experienced developer. This list last updated on … */, Hong Leong Bank Berhad Kuala Lumpur, Malaysia. In order for you to proceed with this investment, please ensure that you complete the following in your profile: FULL NAMENRIC/ PASSPORT NOSCANNED NRIC/ PASSPORTADDRESSCONTACT NUMBERINVESTOR DECLARATION, I have read and agreed to the terms of Investment Agreement and the accompanying Annexure Partnership Agreement, By clicking 'I Accept', Users (as an individual and on behalf of any entity represented by them) agree to be bound by the terms of this Investment Agreement as of the date the Users take such action, acknowledge that the Users have read the. Unlike most crowdfunding platforms in the region, Skolafund is focused on funding for education. Skolafund successfully fundraised on the Ata Plus … Scholarship matching platform Skolafund closes RM300,498 capital raise. Currently, we are focused on sponsorships and contributions which are philanthropic in nature. Currently, Skolafund is already revenue-generating. Just like the year before, Elain Lockman (pic, above), the cofounder of Ata Plus and president of the Registered Digital Market Association of Malaysia, took to the stage to present the latest report card of equity crowdfunding (ECF) in the country for 2018/19. Skolafund successfully fundraised on the Ata Plus … 5. 4. He has had experience developing multiple mobile and web applications some of which have seen hundreds of thousands of downloads. In Skolafund, Faruq is focused on the big picture of the Skolafund’s technology infrastructure. This number will very likely continue to grow, and surpass crowdfunding levels in Europe and the US. Back in February 2017, Skolafund successfully fundraised on the Ata Plus Equity Crowdfunding (ECF) platform, which has a track record of funding social enterprises. Skolafund successfully fundraised on the Ata Plus Equity Crowdfunding (ECF) platform in February 2017. Retail, Angel, Sophisticated and Institutional Investors, as defined by the Securities Commission Guidelines, The issuer will provide additional information upon request, The closing period will be 20 working days after the end of the fund raising period, The proceeds will be used for working capital, marketing and technology. As the CEO of Skolafund he focuses on engaging users both sponsors and undergraduates. Read Also: Skolafund … Ata Plus Sees First Successful Equity Crowdfunding Exit with Skolafund. In an interview with ATA Plus, Skolafund co-founders Syakir Hashim and Tengku Ahmad Syamil share their experiences with raising the capital needed to make a business work.. As South-East Asia’s first education crowdfunding platform, Skolafund … Is Khalid Samad’s Harapan Coin ICO Legitimate? We will also strengthen our connections and partnerships with universities in Indonesia (Jakarta, Bandung, Jogjakarta), Malaysia and Brunei. Skolafund, a crowdfunding platform for students in need announced that it has been completely acquired by one of Asia’s biggest donation crowdfunding platforms. ATA PLUS Sdn Bhd (www.ata-plus.com) Co-founded by Aimi Aizal Nasharuddin, Elain Lockman and Kyri Andreou, ATA PLUS Sdn Bhd’s equity crowdfunding platform known as Ata-Plus aims to democratise … ATA Plus team notice that people tend to invest with their emotion – people tend to like companies that have a social element to their business also known as ‘social enterprises’. In fact the main challenge isn’t so much about finding a willing donor, as the hurdles that donor faces; first, in identifying and accrediting the prospective sponsorship recipient’s needs, and then trusting that the funds they commit will be used for the purpose stated. Skolafund, an impact enterprise that crowdfunds scholarships to university students in need, and which successfully fundraised on the Ata Plus Equity Crowdfunding (ECF) platform in February 2017, has … Tengku Syamil, Skolafund’s CEO and co-founder, sees this step forward through very bullish eyes. Skolafund is a digital platform designed to crowd source alternative sources of funding for tertiary education scholarships. Investing in equity crowdfunding involves certain risks that include uncertainty of returns, lack of liquidity, dilution, material events and lack of control. Skolafund joined hands with Ata Plus to raise RM300,000. “With this significant development, we are on a sounder footing to continue serving the disadvantaged in our communities, whether through aid on education, or other ways – like medical and humanitarian assistance. © Ata Plus Sdn Bhd All rights reserved. ata plus: . Skolafund addresses this gap by building trust and creating efficiency, acting not just as a match-maker but a go-between for funds. This will confer a serious advantage over any future competitors through an optimisation of campaign quality (measured in likelihood of success), enabling us to offer best value services for our site users. A glaring example of this is Skolafund … ATA PLUS … TengkuSyamil, 27. We will be looking to monetise in other ways in the future and are currently looking into an additional service managing corporate scholarship programmes, e-wallets, financial product and services recommendations to students, as well as job placements for students who are graduating. Cradle set to lead funding … ... (Ata-plus.com) 300+ scholarships disbursed funded by the community worth RM1.3 million . Scholarship matching platform Skolafund closes RM300,498 capital raise. Co-founder of . Of course, there’s still a lot of work … Skolafund. /* Add your own Mailchimp form style overrides in your site stylesheet or in this style block. Skolafund is a web platform that allows undergraduates to crowdsource their scholarships from the community, corporations and philanthropic organisations. He has experience developing his own company in the training and education space. Have you heard of services like GofundMe, Kickstarter or Indiegogo? Dan untuk pengetahuan anda juga, SkolaFund juga pernah dan berjaya mendapat pembiayaan dari Ata Plus, sejumlah RM300,000, 300% dari sasaran asal. This also means we can reach more people and be more accessible across Southeast Asia,”. Social enterprise Skolafund has closed RM 300k from crowdfinance firm Ata Plus. ATA PLUS Sdn Bhd’s equity crowdfunding platform known as Ata-Plus aims to democratise financial inclusion by matching capital with exciting businesses. Elain Lockman, Co-founder and Director of Ata Plus, said. Singapore’s Cap Vista becomes … In 2017, we raised a capital of RM 300,000 through equity crowdfunding platform, Ata-plus.com… "Skolafund… All Rights reserved. Syamil is also leading the team’s marketing & design efforts. With Insurtech Demand Surging PolicyStreet Raises Funds Through Equity Crowdfunding, Stranger Pictures Launches ASEAN’s First Film Equity Crowdfunding Campaign on Fundedbyme, Blockchain & Distributed Ledger Technology in Financial Services. 50450 Kuala Lumpur, Malaysia, Ata Plus Sdn Bhd (201501018387;1143719­H) is an Equity Crowdfunding platform, In 2013, Syakir was awarded the Young Entrepreneur Award in Singapore, given by SMBA. Singapore. Skolafund is a digital platform designed to crowd source alternative sources of funding for tertiary education scholarships. With these steps, Skolafund will strengthen its roots in the education funding space with a healthy flow students to our platform. Fintech News Malaysia reached out to both parties to confirm the acquiring party but both Skolafund and Ata Plus declined to comment citing that the party prefers to remain anonymous. According to their press release, to-date, Skolafund has crowdsourced scholarships to the tune of RM1.6 million, benefitting  592 students from less-privileged backgrounds.

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