BFM 89.9

HIGHLIGHTS 
Podcast  >  Enterprise  >  Open For Business  >  Capsphere: Helping SMEs Leverage Assets for Financing

Capsphere: Helping SMEs Leverage Assets for Financing

Yoon Jun Jie, Founder and CEO, Capsphere

08-May-24 10:00

Capsphere: Helping SMEs Leverage Assets for Financing

Connecting SMEs to investors, Capsphere claims that it sets itself apart from other similar players because each loan is asset-backed, or secured by an asset. Founded in 2016, the company targets businesses that have been in operations for over 1 year, with assets that can be used to secure the loan such as industrial equipment or even contracts.

Last financial year the firm generated RM355,000 in revenue on the back around RM6 million in new loans disbursed over 88 loan/notes. Looking ahead, the P2P financing platform aims to double revenue in FY2024 and again in FY2025, taking it to RM1.4 million, where it currently projects it will get to profitability.

In this episode of Open For Business, we dive into this venture’s origins and whether this model has enough of a differentiation in the P2P financing space to thrive. We’ll also dive into some of those targets and how they’re going to achieve them, as well as other ambitions ahead.

Produced by: Roshan Kanesan

Presented by: Roshan Kanesan


This and more than 60,000 other podcasts in your hand. Download the all new BFM mobile app.

Categories:  marketstechnologyinvestmentsentrepreneurs

Tags:  loansmesp2pentrepreneurshipbusiness





Play / Pause

Listen now : Morning Brief: Dr Benjamin Barton, Associate Professor, University of Nottingham Malaysia discusses...

Today’s Shows



6:00 AM

The 6AM Stretch

Thought-provoking discussions on ideas, people and events shaping our lives.

7:00 AM

World Market Watch

Tim Mulholland, President, TJM Limited in Chicago, tells us where international markets are heading.

7:15 AM

Morning Brief

We recap global and local headlines from today's papers and portals.

7:30 AM

Morning Brief

Lucrezia Cogliati of BMI discusses the factors shaping global rice markets.

7:45 AM

Morning Brief

Datuk William Ng, Chairman, Small and Medium Enterprises Association (SAMENTA) talks about US tariff impacting Malaysian manufacturers and SMEs.

8:00 AM

The Breakfast Grille

William Kew, Managing Director of Karcher Malaysia shares the company’s vision and strategies in delivering innovative cleaning solutions.

8:30 AM

Morning Brief

Dr Benjamin Barton, Associate Professor, University of Nottingham Malaysia discusses US-UK ties.

8:45 AM

Morning Brief

(REPEAT) We dive into the local and international news that matters to you.

9:00 AM

Opening Bell

(REPEAT) Tim Mulholland, President, TJM Limited in Chicago, tells us where international markets are heading.

9:15 AM

Opening Bell

Adrian Loh of UOB Kay Hian Singapore shares investment tips for Singapore’s equities.

9:35 AM

What's The Focus

We wrap up the week’s biggest conversations to keep you in the know.

10:05 AM

Open For Business

Ivor Lim Xian Z and Chew Hoi Meng, Co-Founders, Hygr

11:00 AM

Mattsplained

Matt Armitage, Founder, Kulturpop

12:00 PM

Enterprise Explores

Prem Pavan, General Manager for Growth & Emerging Markets, Red Hat, on what "Democratising AI" mean.

1:00 PM

The Breakfast Grille Repeat

William Kew, Managing Director of Karcher Malaysia shares the company’s vision and strategies in delivering innovative cleaning solutions.

2:05 PM

Discovery Hour

3:05 PM

Front Row

A Night of Jazz with the MPO hits the stage October 4th, blending world classics with Malaysian talent. Julian Chan gives us a preview.

3:20 PM

Front Row

“Menggodam” showcases how Southeast Asians hack and reimagine technology through art. Curators Roopesh Sitharan and Gunalan Nadarajan tell us more.

4:05 PM

Health & Living

An effective antiviral treatment for dengue might mean the difference between life and death for those infected. We find out what’s happening in the hunt for a dengue treatment and whether papaya leaves work.

5:00 PM

Top 5 at 5

6:00 PM

Popcorn Culture

7:00 PM

Just For Kicks

8:00 PM

Bar None

9:00 PM

The Selector