Q: What are the fees charged on me?

A: A success fee equivalent to eight percent (8%) of the total funds raised through MyStartr’s ECF Platform will be charged on you ("Success Fee"). On top of that, MyStartr will also charge a non-refundable processing fee and LLP set up fee of RM 3,000 per Issuer. The Success Fee will be deducted from the total funding and the remaining balance will be released to you from MyStartr's trustee.

Q: What is issuer and MyStartr role during the campaign period?

A: A proper marketing plan makes a substantial difference on a fund-raising result. Thus, you are advised to fully utilise the power of Internet and social media in promoting your campaign online and offline to increase public awareness of your campaign.

MyStartr will provide end-to-end support system by monitoring and facilitating the campaigns, transactions and/or any communication between the Issuers and the Investors. You may keep in touch with MyStartr so that MyStartr may be able to assist you from time to time

Q: Can I use multiple ECF Platforms at the same time?

No. Under the SC's Guidelines, you are not allowed to use different ECF Platforms or on any stock market of Bursa Malaysia Securities Berhad concurrently. You are not allowed to switch to another ECF Platform after your campaign is hosted on an ECF Platform.

Q: Can I use ECF Platform and peer-to-peer financing platform ("P2P Platform") at the same time?

Yes. Under the SC’s Guidelines, you may use ECF Platform and P2P Platform at the same time provided that you have complied with the disclosure requirements as may be specified by each platform operator.