The gradual repayment of a financing over its tenure through scheduled instalments, each covering part of the principal plus interest. Most Alixco P2P notes are amortised monthly, so investors receive money back throughout the term rather than only at the end.
The legal checks a regulated platform must run to make sure funds are not linked to crime. On Alixco, AML screening is part of investor and issuer onboarding alongside KYC.
The principle that you can lose some or all of the money you invest. P2P notes and ECF shares are not bank deposits and are not protected by PIDM. Only invest money you can afford to lose and diversify across campaigns.
A single fundraising listing on the platform, one SME raising a defined amount for a defined purpose. Investors browse open campaigns and choose which to fund. A campaign closes once its target amount is reached or its deadline passes.
One of Malaysia's main credit reporting agencies. Alixco's credit team runs a CTOS check on an issuer's directors as part of due diligence before a campaign is listed.
The rate of interest an issuer agrees to pay investors on a P2P note, quoted per annum. Each campaign page shows its own indicative rate, set according to the issuer's risk grade and tenure.
When an issuer fails to repay a P2P note according to its schedule. A default can lead to recovery action, but investors may still lose part or all of their capital. Default risk is the main risk in P2P financing.
The share of financings, by count or value, that end in default over a period. A lower default rate signals stronger issuer vetting. It is always reported alongside the fact that capital is at risk, never in place of it.
The release of pooled investor funds to the issuer once a campaign reaches its target and the issuer is approved. Until disbursement, P2P funds are held by a licensed trustee.
Spreading your money across many campaigns, issuers, sectors and risk grades instead of concentrating it in one. It is the primary tool P2P investors use to manage default risk, because one loss is cushioned by many performing notes.
Raising capital by selling shares in a company to many investors online. ECF investors become part owners and gain if the company grows and reaches an exit. There is no fixed repayment. ECF offers higher potential upside but higher risk and low liquidity, and is regulated by the Securities Commission Malaysia.
A bank product that pays a fixed, guaranteed interest rate for locking money away for a set term. FDs are insured by PIDM up to RM250,000 per depositor per bank. They are far safer than P2P or ECF but currently pay much less, about 2% to 3% per annum in 2026.
A person or entity that agrees to repay a financing if the issuer cannot. Many Alixco P2P campaigns are backed by a personal guarantee from the issuer's directors, which adds a layer of recourse, though it does not remove capital risk.
The SME, a small or medium enterprise, that raises money on the platform. In P2P the issuer borrows and repays with interest. In ECF the issuer sells shares. Every issuer passes due diligence before a campaign is listed.
A person or institution that funds campaigns on the platform. Malaysian retail investors can invest in P2P and ECF subject to the Securities Commission's investment limits and suitability rules.
The instrument an investor holds after funding a P2P campaign, effectively a claim to be repaid principal plus interest by the issuer over the tenure. It is a private debt instrument, not a bank deposit or a listed security.
The identity verification step every investor and issuer completes before transacting, as required for a regulated platform. Alixco runs KYC digitally. See also eKYC.
Digital identity verification, matching a live selfie to an identity document and validating the document, so onboarding can happen online in minutes. Alixco runs eKYC in house with AI assistance, and a person confirms the result.
A government fund that co invests alongside private investors in eligible P2P and ECF campaigns, typically on the same terms, to encourage SME financing. When MyCIF participates in a campaign it can help the campaign reach its target.
The smallest amount you can put into a single campaign. Alixco keeps minimums low so investors can diversify across many campaigns rather than committing a large sum to one.
The return an investor actually keeps after platform fees and defaults are deducted, quoted per annum. Historical average net investor returns on Alixco P2P notes were about 12% per annum from 2018 to 2023. Past performance does not guarantee future returns.
The share of scheduled repayments that issuers make on or before their due date. A high on time rate indicates healthy portfolio performance, though it is a historical measure and not a promise of future results.
An online marketplace that lets many investors collectively lend money to a business, which repays principal plus interest over a fixed tenure. It gives SMEs access to funding and gives investors a higher yielding and higher risk alternative to deposits. P2P financing in Malaysia is regulated by the Securities Commission.
Malaysia's deposit insurance body, which protects bank deposits up to RM250,000 per depositor per member bank. Importantly, P2P notes and ECF shares are NOT bank deposits and are NOT protected by PIDM.
The original amount of money you invest, before any interest or returns. In P2P the issuer repays your principal over the tenure. If the issuer defaults, part or all of the principal can be lost.
A licence category under the Securities Commission Malaysia for operators of alternative trading venues, including P2P financing and equity crowdfunding platforms. Alixco is registered as an RMO for both P2P and ECF.
The timetable of instalments an issuer commits to, showing when each payment of principal plus interest is due. Investors can see the expected schedule on the campaign before investing.
A rating Alixco assigns to a campaign to signal its relative credit risk, based on the issuer's financials and due diligence findings. Higher risk grades usually offer a higher indicative rate to compensate investors for the added risk.
A venue where investors could sell their notes or shares to others before maturity. P2P notes and ECF shares are generally illiquid, so assume you will hold to maturity or exit, as there is no guaranteed way to cash out early.
The statutory regulator of Malaysia's capital markets, including P2P financing and equity crowdfunding. The SC registers platform operators as RMOs and sets the rules that protect investors and issuers.
Financing structured to follow Islamic principles, for example avoiding conventional interest, known as riba, and prohibited activities. Where offered, it lets investors participate in a manner consistent with their faith.
The length of time over which a P2P financing is repaid, commonly from a few months up to about three years. Shorter tenures return your capital sooner. Longer tenures keep it committed for longer.
A segregated account, operated by a licensed trustee, where investor money for a P2P campaign is held until the campaign target is met and the issuer is approved for disbursement. If the target is not met, funds are returned to investors.
An independent, licensed party that safeguards investor funds in the trust account and releases them only when the agreed conditions are met. Using a trustee separates investor money from the platform's own funds.