|Who can apply to become investor with us?|
You are welcome to invest as long as you are at least 18 years
of age and face no legal restrictions (e.g. by the laws of your
country) which prohibit you from investing. Institutional investors and
corporations are welcome to invest.:
|How does P2P financing work on Alixco?|
Investing in a business through a fintech platform like Alixco is a straightforward process. After finding a campaign that interests you, simply click the "Invest" button on the campaign page. Alixco will then provide you with the necessary information and transfer details.
Repayments, including interest, will be automatically transferred back to your bank account, making it a simple and convenient way to invest in businesses and earn returns.
|When do I have to transfer the money?|
|What is the minimum amount that I can invest via Alixco platform?|
The minimum amount is RM200 per campaign. This amount can vary depending on the campaign and is subject to investment terms.
|What are the information that will be provided to the investors about an issuer?|
|Where are the funds held ?|
|Are there any investor fees ?|
|What if the Issuer is late in the repayment?|
|What happens if an issuer defaults?|
It's important to note that investing in any business carries risks, including the risk of default.
In the event of a default, Alixco will bear all legal fees, which means that you will not have to worry about incurring any additional expenses. This can provide peace of mind for the investor, knowing that the platform is taking steps to protect them in the event of a default.
At Alixco, we will do our best to push the issuer for payment
|Shall I invest my money in one campaign with the highest interest rate?|
|Why are the interest rates different between campaigns?|
|In how many campaigns can I invest?|
In as many as you like! For individual private investors, please keep the recommended max amount of RM 50 000 in mind.
|Will Alixco or any of its associates compensate for any losses e.g. in case of a default? Are investments and repayments guaranteed?|
No. Alixco only acts as a middleman and intends to keep costs for
investors to a minimum. Hence we are unable to compensate for any
losses. All investments and repayments are NOT guaranteed. This allows
us to keep cost lower for issuers and offer higher potential interest
rates for you as an investor.
|How does Alixco screen potential issuers and identifies scams?|
Alixco performs a basic financial and operational screening on issuers.
This is to identify and eliminate most of the potential scams and the
highest risk issuers. We will run our internal algorithms on the
financials. Furthermore, we will request the following from the issuer:
(a) conduct background checks on the issuer to ensure fit and properness of the issuer, its board of directors, senior management and controlling owner
(b) verify the business proposition of the issuer
(c) carry out assessment on the issuer’s creditworthiness.
|Do I need to pay taxes on my investment returns?|
|What happens to my money in case something happens to Alixco e.g. bankruptcy?|
Your money is securely placed in a Trust account with a major Malaysian
bank. Alixco has a living will in place for this scenario so that you
will get back your money.
|Is Alixco a financial advisor?|
No, Alixco is not a financial advisor. P2P investments may or may not be
suitable for your particular situation. Please consult with your
personal financial advisor about the suitability of P2P investments with
regard to your own personal (financial) situation, investment goals and
level of risk tolerance before making any investment.