KUALA LUMPUR, Malaysia, Dec 28 (Bernama-PRNewswire) —Bidnow.my, the Malaysian Largest Auction Technology platform, recently completed its second-round funding exercise from MyStartr platform, a licensed Crowdfunding Recognized Market Operators by Securities Commission Malaysia. Supported by 470 investors, which sets the highest record of MyStartr, Bidnow.my successfully raised ~US$ 1.3 mil (RM 5,517,099) in less than 2 weeks, exceeding its maximum target amount of RM 5.5 mil.
Bidnow.my serves as a platform for public to access all public auction property listings in Malaysia. Its first equity-based crowdfunding (ECF) project was also facilitated by MyStartr, which was held last year, from 12th December 2020 to 21st December 2020. A total of RM 2.1 mil was raised from 384 shareholders, at the same time, awarded the Malaysia Books of Record “Highest Investment Amount Received for an Equity Crowdfunding in a day”.
