Abundance Treasures launches ADS, the latest SC-registered P2P platform for mid-tier companies

Abundance Treasures BGroup Sdn Bhd soft-launched a new Securities Commission Malaysia-registered peer-to-peer (P2P) financing platform — Abundance Dynamic Securities (ADS) — at a 27 July 2026 event in Kuala Lumpur, becoming the latest recognised market operator to enter a Malaysian P2P market that raised RM2.83 billion across 2025 (The Edge Malaysia). The platform is purpose-built for "mid-tier companies" (MTCs) — a segment the SC's own Catalysing MSME and MTC Access to the Capital Market: 5-Year Roadmap (2024–2028) defines as manufacturers with RM50 million to RM500 million in annual sales turnover, and services-sector or other firms with RM20 million to RM500 million.

The deal

ADS is an asset-backed guaranteed P2P platform, meaning every issuance is collateralised against identifiable assets — the structural feature that Abundance Treasures says differentiates it from cashflow-only P2P notes and that it expects to attract a broader investor base, including institutional, corporate, sophisticated and retail pools. Abundance Treasures BGroup is registered with the SC as a Recognised Market Operator (RMO) for P2P financing, the same licence category that governs every other SC-supervised P2P operator in the country, including microLEAP, Funding Societies Malaysia and Fundaztic.

Six memoranda of understanding were signed at the soft launch, with Koperasi Tenaga Nasional Bhd, Scrut Auto Sdn Bhd, Finzwerk Management, Stocktalk Holding Sdn Bhd, Pam Biz Financial Sdn Bhd, and Hakem Arabi & Associates. The MoUs establish framework collaborations for distribution, deal flow, and investor education rather than disclosed financing commitments. "ADS provides eligible companies in this segment with an additional regulated financing option that reflects their scale and business needs," said Lai Heow Gran, general manager of Abundance Treasures BGroup, in the platform's launch statement.

The new platform also lands inside an active regulatory push. The SC's New Industrial Master Plan Co-Investment Fund (NIMP CoSIF) — a co-matching mechanism run jointly with the Ministry of Investment, Trade and Industry (Miti) — has facilitated public-private fundraising of RM221.23 million for 42 Malaysian companies as at end-July 2026, and the MTC segment is one of the named beneficiary groups. The SC followed the ADS launch with a 20 August 2026 nationwide roadshow encouraging MSMEs and MTCs in strategic industries to tap ECF, P2P, VC, PE and private debt routes, with P2P explicitly listed alongside ECF as a "Catalysing" capital-market channel.

Why this matters

The 2025 numbers frame why a new platform is plausible. P2P financing in Malaysia raised RM2.83 billion in 2025 per the SC's Annual Report 2025, with 98% of that directed to working capital — a use-of-proceeds mix that signals demand from companies using P2P to bridge the gap between receivables and payables rather than to fund long-duration capex. The roadmap's targeting of MTCs is a deliberate structural shift: the MTC band has historically been too large for the SME-focused ECF and P2P ecosystem and too small or too thinly banked to easily access institutional debt, leaving a persistent financing gap that P2P, with its ticket-size flexibility, is now being repositioned to fill.

The competitive picture is also tightening. microLEAP, one of the longer-tenured SC-registered P2P operators, signed its own MoU on 20 August 2026 with Provident Banc to explore conventional and Shariah-compliant P2P financing for Malaysian SMEs — a parallel move that signals P2P operators are actively broadening their product surfaces (Shariah compliance, conventional structuring, asset-backed collateral) rather than competing purely on yield. For investors, the question shifts from "is P2P growing" — answer: clearly yes, RM2.83 billion in 2025 — to "which operator captures the MTC ticket and what underwriting standard they apply to asset-backed deals." ADS's collateralisation-first pitch and microLEAP's Shariah expansion are different answers to the same underlying market pressure.

For MTC founders, the practical read is that the supply of regulated alternative-finance channels is widening rather than narrowing. Asset-backed P2P, Shariah-compliant P2P, and ECF — the three capital-market routes the SC's 5-Year Roadmap explicitly elevates for MTCs — are all expanding supply in 2026, alongside NIMP CoSIF's matching mechanism, which effectively subsidises fundraising cost for issuers using the SC-supervised channels. The net effect is that for an MTC evaluating working-capital finance, bank facilities, P2P notes, and ECF are no longer mutually exclusive options but a layered menu where the right answer depends on ticket size, tenor, and whether the company is willing to take on retail investor disclosure obligations.

What's next

Watch the SC's next Annual Report and any H2 2026 platform-level data releases for whether P2P fundraising in 2026 extends the 2025 trajectory. Also watch for new P2P entrants and product expansions — the microLEAP–Provident Banc Shariah track and ADS's asset-backed focus are the most concrete signals of where the next RM1 billion of P2P fundraising will likely come from. The SC's nationwide MSME/MTC roadshow, which began in August 2026, will produce a visible pipeline of new issuers that should show up in H2 deal flow. Finally, the NIMP CoSIF milestone of RM221.23 million for 42 companies as at end-July 2026 sets a public benchmark the SC and Miti will be expected to update, and the next update will be the cleanest read on whether the MTC-targeted strategy is converting into actual MTC deals on P2P and ECF platforms.

Source: The Edge Malaysia — ADS enters P2P financing space with focus on mid-tier companies