
In November 2020, MUV Marketplace Sdn Bhd (“MUVM”) teamed up with Fundaztic, a peer-to-peer financing platform, to offer RM1 billion in total financing to car dealers. In this financing program, car dealers registered with MUVM can receive a credit line of up to RM200,000 to finance the purchase of used vehicles via MUVM’s bidding platform. This programme can benefit up to 5,000 authorised used car dealers.