21 Oct 2020

Funding Societies and TMIM team up to provide digital financing access and support to MSMEs

Funding Societies and TMIM team up to provide digital financing access and support to MSMEs Article Header
TM
TMIM
Funding Societies Malaysia

Financial assistance for underserved local MSMEs from Funding Societies utilising Yellow Pages digital advertising solutions to help with business expansion and sustainability during these challenging times.

​​​​Funding Societies Malaysia, the largest peer-to-peer (P2P) financing platform in the country and Southeast Asia recently collaborated with TM Info-Media Sdn Bhd (TMIM), a subsidiary of Telekom Malaysia Berhad (TM) to offer business financing solutions for the underserved and unserved local micro, small and medium enterprises (MSMEs). The mission kicks off into high gear with the prime utilisation of Yellow Pages' digital platform, a product of TMIM and also the leading digital business directory in Malaysia.

The collaboration will provide MSMEs with greater access to digital financing solutions. The solutions will facilitate business expansions as well as ensure sustainability of the MSMEs. It provides vital financing options to existing MSMEs and serves as a launch pad to aspiring entrepreneurs. The synergistic collaboration takes momentous steps towards Funding Societies' mission to improve the livelihoods of MSMEs and TM's role as the enabler of Digital Malaysia.

It also opens the door for as many as 70,000 MSMEs under the Yellow Pages listings to a variety of tailor-made financing products. With the aim of bringing game-changing revolutions to their customers, Yellow Pages Malaysia is no stranger to making innovative transformations in order to stay current in the digital age.

Wong Kah Meng, Co-founder and Chief Executive Officer of Funding Societies Malaysia, commented on the partnership: "Digital financing is becoming more prevalent in Malaysia given its ability to promote financial inclusion, particularly benefiting the MSMEs that are either unserved or underserved by traditional financing avenues by providing easy access to financing solutions. As the largest P2P financing platform in the region, our partnership with TMIM will serve to accelerate our reach in providing the financing support that is much needed by our local MSME players. This is especially relevant given MSMEs are among the most impacted by the Covid-19 pandemic."

Meanwhile, Sean Koh Chin Soon, Chief Executive Officer, TMIM said: "Our Malaysia Yellow Pages platform which has evolved from print to digital, interactive website and mobile app, is the perfect avenue to bridge the MSMEs out there with the resources they require. We are excited to collaborate with Funding Societies Malaysia in empowering local businesses through financial solutions. This will enable them to further expand their potentials thus supporting the sustainability of the businesses, especially during this Covid-19 pandemic. This is also in line with the Government's efforts to boost the growth of Malaysian economy and to propel local businesses. This initiative is befitting of TM Group's unique role in nation building and as the enabler of Malaysia's Digital Nation aspirations."

P2P financing is a digital financing solution that has been gaining traction in recent years. Its modern approach and speedy process makes pain points of traditional financing a thing of the past. Such setbacks including collateral requirement, onerous documentation, slow turnaround time, and high minimum requirements, all posed as hurdles for smaller businesses to obtain quick financing assistance. Through this collaboration, eligible businesses on the Yellow Pages platform can apply for the financing from Funding Societies without even needing to visit a physical branch.

Eligible MSMEs stand to enjoy the following financing benefits from Funding Societies:

  • Discount on processing fee
  • Fast disbursement with quick approval within five (5) working days
  • Flexible tenure of up to 18 months
  • No collateral requirement
  • Minimal documentation requirement

Besides the collaboration with Funding Societies, TM through its consumer and SME product brand, unifi has also been continuously assisting businesses to stay productive in this emerging digital economy. Via unifi Business Club (uBC) specifically for its SME customers, unifi enables access to complete business solutions which include digital marketing tools, productivity boosters and financial solutions. By allowing businesses to leverage on its strategic partnerships, unifi aims to expedite its customers' recovery and enhance sustainability.

Interested MSMEs can apply for financing from Funding Societies on Yellow Pages website starting 5 October 2020. For more information on the partnership between Funding Societies and TMIM, please visit https://biz.yp.my/solutions/yellowpagesfinancing/.

YOU MAY ALSO LIKE

18 Jun 2024
TM ELEVATES ITS GLOBAL STANDING, ATTAINS OPEN API DIAMOND CERTIFICATION FROM TM FORUM

KUALA LUMPUR, 18 June 2024 – TM achieves TM Forum Open API Diamond Conformance Certification with 60 certified APIs, surpassing industry giants. This milestone underscores the company's commitment to industry standards and innovation. TM Forum Open API enables seamless connectivity, interoperability and portability across complex ecosystem services. This “API-first” approach fosters collaboration and simplifies integration for developers. With over 770,000 downloads by over 2,700 companies worldwide, TM Forum’s Open APIs are a game changer for the industry. By achieving this certification, TM actively contributes to this global shift. While at the TM Forum: Ignite conference in Copenhagen, Ivan Chong, TM’s Chief Information Officer (CIO) commented, “This certification aligns with our aspiration of becoming a Digital Powerhouse by 2030. We have established a reusable API framework, streamlined high-volume custom APIs and consolidated siloed API gateways into a single cohesive gateway, strengthening our platform play approach. This boosted our system response time by 34%, exemplifying a truly ‘plug and play’ technology capability.” “The standardised Open APIs, tested in real-world deployment, enable faster time to market with 100% reusable and secure APIs from a curated catalogue. For example, by exposing API capabilities such as Digital Solutions to third-party partners, we can accelerate the development of new products and services for Smart Cities, Smart Education and Smart Healthcare. This fosters the creation of more innovative solutions and new revenue streams while adhering to global industry standards,” added Ivan. TM's certification journey started with a Bronze in September 2023 with three APIs and quickly progressed to Diamond with 54 certified APIs in just seven months. Now at 60 certified APIs, TM demonstrates its dedication to agility, innovation, and collaboration. By joining 11 of the world's largest service providers including Vodafone, China Mobile and Telefónica, who have adopted TM Forum's suite of Open APIs for digital service management, TM solidifies its global recognition among industry leaders.

29 Aug 2025
TM Q2 NET PROFIT RISES 1.7%, DECLARES 12.5 SEN INTERIM DIVIDEND

KUALA LUMPUR, 29 August 2025 – Telekom Malaysia Berhad (“TM” or “The Group”) today announced its financial results for the second quarter ended 30 June 2025 (2Q 2025), reflecting resilience in a competitive market and continued progress on its strategic priorities. During the quarter, Profit After Tax and Non-Controlling Interests (PATAMI) rose 1.7% compared to corresponding quarter last year to RM403.0 million, while Earnings before Interest and Tax (EBIT) grew 4.5% to RM640.0 million. For the first half of 2025 (1H 2025), revenue stood at RM5.62 billion versus RM5.74 billion a year earlier, as a result of intensely competitive market. Meanwhile, the Group registered EBIT of RM1.19 billion, down 5.8% compared to corresponding period last year, mainly due to forex losses. Adjusting for these, underlying EBIT recorded growth, underscoring TM’s strong fundamentals, core operations and cost discipline in delivering profit despite revenue pressures. The Group continues to demonstrate its focus towards value creation and disciplined capital management, as reflected in the improvement of Return on Invested Capital (ROIC) to 12.81% from 12.34% a year ago. TM maintains a positive outlook for the year and is confident in meeting its 2025 guidance. The Board has declared an interim dividend of 12.5 sen per share, amounting to RM479.7 million for the financial year 2025, reaffirming its commitment to delivering sustainable returns to shareholders. 1H 2025 Segment Highlights Business to Consumer (B2C): Unifi registered steady revenue performance and an increase in fixed broadband subscribers driven by Unifi UniVerse convergence offerings, fuelled by content and mobile take up. Its diverse range of device bundles continued to attract strong demands from various segments. Meanwhile, as the preferred partner to more than 400,000 MSMEs nationwide, Unifi Business segment remained a key driver, with tailored digital solutions that promote digital inclusivity. Business to Business (B2B): TM One revenue was softer as several major projects and sizeable deals are expected to be completed in the second half of the year. Nevertheless, beyond connectivity services such as cloud and ICT recorded steady growth. Carrier to Carrier (C2C): TM Global remains well-positioned, with a strong pipeline of large-scale border-to-border bandwidth requirements expected to be delivered by year-end. On the domestic front, the segment is on track with its data centre expansions and the delivery of 5G mobile backhaul in support of the national 5G agenda. Investing for Future Growth TM continues to strengthen its long-term position through strategic investments in digital technologies, encompassing AI infrastructure and applications, data centres, edge facilities, expanded fibre coverage, 5G mobile backhaul and submarine cable systems. “Digital infrastructure and AI are no longer just a vision for TM. It’s becoming a reality, from the establishment of data centres, sovereign cloud and GPU-as-a-Service to various enterprise applications that continuously help businesses to unlock digital capabilities and growth,” said Amar Huzaimi Md Deris, Group Chief Executive Officer, TM. “Equally important is ensuring digital inclusivity for all communities and businesses, while nurturing the right talent to power Malaysia’s digital future. Through our inaugural Jangkau Digital programme, we are reimagining Kampung Mukut in Pulau Tioman as the nation’s first Smart Eco-Village. At the same time, the launch of Malaysia’s first Faculty of Artificial Intelligence and Engineering at our education arm, Multimedia University, is a clear testament to this commitment. Together, these initiatives reflect TM’s greater purpose of empowering lives and ensuring no one is left behind in the digital era.” Outlook “While the market environment remains challenging, our results demonstrated resilience and ability to execute our strategic priorities. We are building positive momentum through stronger convergence growth, improved cost structures and disciplined capital management. With our investments in future-ready infrastructure, we are advancing towards our aspiration to become a Digital Powerhouse by 2030, while delivering sustainable value for our stakeholders,” Amar concluded.

06 Mar 2024
UNIFI REDEFINES MOBILE PREPAID EXPERIENCE WITH ALL-NEW UNI5G WOW PLANS

KUALA LUMPUR, 6 MARCH 2024 – Unifi Mobile today announced its newest UNI5G WOW Prepaid offering with unlimited 5G + 4G data, uncapped 5G speed and rewards that meet the growing needs of Malaysian prepaid mobile users. These new offerings provide customers with great value, choice and flexibility to enjoy today’s on-the-go lifestyle needs. Whether for study, work or leisure, having uninterrupted worry-free internet experience at an affordable price is a must. Prepaid users, especially Malaysian youth, are known for their diverse interests including social interactions, online gaming, streaming and the use of various apps wherever they go. This reinforces the need for a mobile plan with generous data allowances, high speed connectivity and other additional perks. The new UNI5G WOW Prepaid starter pack comes with 10GB data (5G + 4G) and a whopping 30-day validity for just RM10. Customers can purchase this UNI5G WOW Prepaid starter pack online and will receive a complimentary Unlimited 5G Larut Malam Pass. In conjunction with the launch, the UNI5G WOW Prepaid starter pack will be offered for free as an exclusive online promo via Unifi Mobile app or Unifi eStore for customers who want to maintain their existing number. Jasmine Lee, Unifi’s Chief Commercial Officer, Consumer, said, “The evolving landscape of prepaid mobile services inspired us to re-evaluate what our users really need. We are thrilled to introduce our brand new UNI5G WOW Prepaid that has been tailored to modern prepaid users, and is among the few market offerings with uncapped 5G speed all day long. “All UNI5G WOW data passes come with 5G connectivity at no additional cost. Now, everyone can enjoy the benefits of 5G connectivity at blazing fast speeds. We have also integrated our prepaid services into our new Unifi Mobile app, which also hosts our postpaid services, delivering a streamlined experience for all our users.” Today, Unifi is Malaysia's leading convergence champion, evident by the recent recognition from Opensignal's 5G Global Mobile Network Experience Awards for 2023*. The UNI5G WOW Prepaid plan bolsters Unifi’s fixed, mobile, lifestyle and business offerings and aligns with its commitment to enriching lives and communities through technology. UNI5G WOW Prepaid Plan Offerings UNI5G WOW offers data passes that are customised to suit diverse customer needs. Unifi Mobile’s latest suite of prepaid products include: - 1.        UNI5G WOW 35 – Priced at RM35 per month, this best seller pass offers unlimited 5G + 4G data, uncapped 5G speed all day long, and unlimited calls. Subscribers will also enjoy a 10GB hotspot and for a limited time period, customers will get extra 50GB of 5G hotspot data for free, perfect for sharing with friends and family. 2.        UNI5G WOW 25 – This pass is priced at RM25 per month, ideal for users with moderate data needs and usage. It comes with 30GB worth of 5G + 4G data, uncapped 5G + 4G speeds and hotspot functionality (shared quota derived from the 30GB data allocation). 3.        UNI5G WOW 10 – For just RM10, subscribers will receive 10GB worth of data with uncapped 5G speed all day long. This weekly pass is ideal for users who seek connectivity without straining their budget. On top of these exciting new passes, UNI5G WOW Prepaid is also offering on-demand add-ons, starting from RM1. Among these new add-ons are a weekend data pass, a speed booster pass, validity extension passes and call passes. For avid content creators and enthusiasts of platforms like YouTube and TikTok, a dedicated pass for these specific social media platforms is also available. Existing customers on older rate plans are encouraged to switch to the new UNI5G WOW Prepaid via the Unifi Mobile app or by visiting the nearest TMpoint / Unifi Store. The plan change is offered free of charge and upon completion, existing customers are entitled to receive 10GB of data (5G + 4G) with a validity of 30 days. To subscribe to the all-new UNI5G WOW Prepaid, simply download the Unifi Mobile app or visit the nearest TMpoint/Unifi Store and authorised Unifi Mobile dealers. To find out more about the UNI5G WOW Prepaid, visit unifi.com.my/prepaid

NEWSLETTER

Just drop your details and stay updated with the world of Telekom Malaysia. We promise – no spam!​