Winacore Capital, a Malaysian based asset manager, and Capsphere, a peer-to-peer asset based financing platform registered with the Securities Commission Malaysia, have partnered to launch a new credit fund product.
This collaboration aims to bridge financing gaps for high-potential businesses in Malaysia and beyond, fostering innovation and sustainable growth in the region’s entrepreneurial ecosystem.
The newly launched credit fund is designed to provide flexible and accessible financing solutions for early-stage and growth-stage companies with strong market potential. By combining Winacore Capital’s expertise in identifying and supporting promising startups with Capsphere’s robust credit structuring and risk management capabilities, the partnership is poised to deliver a unique financing solution that meets the evolving needs of businesses in today’s dynamic economy.
“We are excited to partner with Capsphere to bring this private credit type fund to market,” said Ashwin Chockalingam, Founder of Winacore Capital. “Our mission has always been to empower visionary entrepreneurs with the resources they need to succeed. This collaboration allows us to expand our impact by providing tailored debt financing options that complement our existing seed funding initiatives.”
The credit fund will provide financing of up to RM1m per campaign, with terms structured to align with the specific needs and growth trajectories of portfolio companies. Capsphere’s deep experience in credit management will ensure rigorous due diligence and risk assessment, while Winacore Capital’s hands-on approach will provide strategic support to maximize the success of funded businesses.
“Partnering with Winacore Capital represents a step forward in our commitment to drive financial inclusion and innovation,” said Yoon Jun Jie, CEO & Founder of Capsphere. “Together, we are developing a financial product that not only meets the capital needs of high-growth businesses but also establishes a new benchmark for collaborative financing solutions in Malaysia
The launch of this credit fund comes at a pivotal time as Malaysia’s startup ecosystem continues to gain momentum, with increasing demand for diverse funding options beyond traditional equity investments. The partnership underscores both firms’ dedication to supporting economic development and entrepreneurial success.
Interested businesses and investors are encouraged to visit https://www.capsphere.com.my/ or email contact@capsphere.com.my for more information.