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. In Skolafund, Syakir is focused on the operational aspects of the business. Singapore. Skolafund provide solutions that address disadvantages related to the … ... Investments should be done as part of a diversified portfolio. 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. 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. Give.my. Skolafund is a digital platform designed to crowd source alternative sources of funding for tertiary education scholarships. Ata Plus Sees First Successful Equity Crowdfunding Exit with Skolafund. He has experience developing his own company in the training and education space. 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. Should you require any clarification on the above, please email us at [email protected], Level 33, Ilham Tower, (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. Skolafund, a crowdfunding platform for students in need announced that it has been completely acquired by one of Asia’s biggest donation crowdfunding platforms. This page is approved as a financial promotion by ATA PLUS Sdn. 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. For further information on this, please read our Term of Use. Is Khalid Samad’s Harapan Coin ICO Legitimate? He plans and develop the technical infrastructure required to support Skolafund’s growth. Cradle set to lead funding … Tengku Syamil, Skolafund’s CEO and co-founder, sees this step forward through very bullish eyes. 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 … TengkuSyamil, 27. Skolafund addresses this gap by building trust and creating efficiency, acting not just as a match-maker but a go-between for funds. 5. 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. On 9 October 2019, it was announced … The deal reportedly gives investors in the ECF round a return of 10% on their investments. In 2017, we raised a capital of RM 300,000 through equity crowdfunding platform, Ata-plus.com. ... (Ata-plus.com) 300+ scholarships disbursed funded by the community worth RM1.3 million . Skolafund is a digital platform designed to crowd source alternative sources of funding for tertiary education scholarships. Skolafund is a digital platform designed to crowd source alternative sources of funding for tertiary education scholarships. This list last updated on … ⭐ Crowdfund Insider: Global Fintech News, including Crowdfunding, Blockchain and more. 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. Skolafund itself had raised funding on the Ata Plus Equity Crowdfunding (ECF) platform in February 2017. Skolafund.com went live on 1st April 2015 when all four co-founders were still studying in university. ATA PLUS Sdn Bhd’s equity crowdfunding platform known as Ata-Plus aims to democratise financial inclusion by matching capital with exciting businesses. As the CEO of Skolafund he focuses on engaging users both sponsors and undergraduates. 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. 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. 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. Co-founder of . 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 … ATA PLUS offers investment opportunities to investors who understands these risks in making their own investment decisions. Unlike most crowdfunding platforms in the region, Skolafund is focused on funding for education. Skolafund is a web platform that allows undergraduates to crowdsource their scholarships from the community, corporations and philanthropic organisations. 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. Ata Plus Sees First Successful Equity Crowdfunding Exit with Skolafund. In the future, Skolafund will explore the possibility of venturing into the crowdsourced peer-to-peer education loans post Series-A. We recommend moving this block and the preceding CSS link to the HEAD of your HTML file. 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. “It is Malaysia’s first exit … Skolafund.com. The market for higher education in Southeast Asia and India is worth more than USD 160 Billion. On top of that he has experience working for Indonesia’s biggest retailer in their E-commerce team. 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. Singapore’s Cap Vista becomes … 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. The deal reportedly gives investors in the ECF round a return of 10% on their investments. said Elain Lockman, Co-founder and Director of Ata Plus. 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. © Ata Plus Sdn Bhd All rights reserved. Since we launched about a year ago, we’ve managed to achieve : Syamil is listed as Forbes 30-under-30 Social Entrepreneurs in Asia. Singapore’s Cap Vista becomes … This number will very likely continue to grow, and surpass crowdfunding levels in Europe and the US. 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. 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. 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 … 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. He has had experience developing multiple mobile and web applications some of which have seen hundreds of thousands of downloads. Elain Lockman, founder of Ata-plus.com (Malaysia) Sponsored Links by DQ Promote . 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. Traction … Skolafund’s positioning as the crowdfunding platform for higher education makes it unique and different in the Southeast Asian crowdfunding industry. Bhd., which is authorized and regulated by the Security Commission of Malaysia. Skolafund successfully fundraised on the Ata Plus … This Local Crowdfunding Site Helps Underprivileged Students ... SkolaFund - Crunchbase Company Profile & Funding. ata plus: . In 2013, Syakir was awarded the Young Entrepreneur Award in Singapore, given by SMBA. ... Skolafund on Twitter: "In four days, the Skolafund community ... Tilknyttede indlæg. Skolafund, a crowdfunding platform for students in need announced that it has been completely acquired by one of Asia’s biggest donation crowdfunding platforms. 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 … Before the analysis of challenges and dynamics with … 550317) With these steps, Skolafund will strengthen its roots in the education funding space with a healthy flow students to our platform. It is planned that through this acquisition, Skolafund’s platform will be merged into the acquirer’s regional platform, strengthening the total offering. During our time in university, we witnessed huge outpourings of generosity for desperate students appealing to social media for funds to stay in school. Social enterprise Skolafund has closed RM 300k from crowdfinance firm 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. /* Add your own Mailchimp form style overrides in your site stylesheet or in this style block. */, Hong Leong Bank Berhad Kuala Lumpur, Malaysia. Scholarship matching platform Skolafund closes RM300,498 capital raise. Skolafund, a crowdfunding platform for students in need announced that it has been completely acquired by one of Asia’s biggest donation crowdfunding platforms. Have you heard of services like GofundMe, Kickstarter or Indiegogo? Our deep understanding has allowed us to tailor make platform solutions addressing pain points specific to this area. Scholarship matching platform Skolafund closes RM300,498 capital raise. Investments should be done as part of a diversified portfolio. Skolafund has achieved some amazing milestones to date; after almost a year in business they have over RM 400,000 in pledges. We charge a 5% service fee for every sponsorship made on the platform. “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. Syamil is also leading the team’s marketing & design efforts. 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. ⭐ Crowdfund Insider: Global Fintech News, including Crowdfunding, Blockchain and more. “It is Malaysia’s first exit … All Rights reserved. Skolafund has acquired a total of over 29,000 registered donors with 11,119 of them actively contributing in a campaign. In Asia, between 2014-2015, donation-based crowdfunding volumes grew more than 160%. All shares offered will be Ordinary Shares. Skolafund will also retain its sponsors by launching ‘Recurring Sponsorships’ which will allow sponsors to do auto-sponsorships monthly. Social enterprise Skolafund has closed RM 300k from crowdfinance firm Ata Plus. Skolafund successfully fundraised on the Ata Plus … In Skolafund, he is focused on building the new features and ensuring that the current platform run smoothly. The crowdfunding industry is also growing rapidly. Skolafund joined hands with Ata Plus to raise RM300,000. At the other end of the spectrum, we have another problem. 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. Skolafund … 50450 Kuala Lumpur, Malaysia, Ata Plus Sdn Bhd (201501018387;1143719­H) is an Equity Crowdfunding platform, Thank you for your interest in the campaign. Investors can leverage on the comprehensive networks in the ATA PLUS … Currently, we are focused on sponsorships and contributions which are philanthropic in nature. © 2015 - 2021 Copyright CK Finanzpro GmbH. www.ata-plus.com is a website owned and operated by Ata Plus Sdn Bhd, Skolagroup Sdn Bhd Sdn Bhd - a Private Limited Company. Have you also heard of the stories of users of those services where one person managed … 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. This seed… Skolafund… PLEASE READ THE FULL RISK WARNING BEFORE DECIDING TO INVEST. skolafund: . Venture Capital. Of course, there’s still a lot of work … Elain Lockman, Co-founder and Director of Ata Plus, said. This also means we can reach more people and be more accessible across Southeast Asia,”. 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. 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