B2B Finpal Review

After trying Fundaztic and Funding Societies Malaysia, I’ve decided to try out the rest of the P2P operators in Malaysia. Next in line is B2B Finpal. Read on below for my B2B Finpal review.

If you’re new to P2P Lending Malaysia, read my comprehensive article on that first.

B2B Finpal Review

Signup Process

The whole signup process is not that complicated but I found it a bit tedious. After the usual online registration, you’ll have to print out some agreement forms, sign them and mail it back. Just follow the instructions in the email and you should be fine. I wish the whole process could be digitised to save the hassle of manual work though.

Features & User Friendliness

This is the part where I have major issues with the platform. The first impression I had upon logging into the website was how bare-bones it was.

After your registration is approved, you will have to deposit at least RM1000 to activate your ‘virtual account’. Do note that your money is actually deposited into a trust account which is in line with Bank Negara’s best practices.

Trying to deposit fresh funds was a bit disappointing, as there is no integration with any major online payment processors such as FPX. There wasn’t any information to begin with, which I found quite frustrating. The info can only be found inside the dashboard. Subsequently you’ll have to fill in the information by clicking the ‘Deposit’ button in your dashboard and wait for your funds to be confirmed.

Still a bit ‘kuno’ to my liking in this age of instant deposits

That being said, confirmation of deposit was fairly quick during normal business days. I got my RM1000 deposit confirmed within 2 hours.

They have auto-invest options so that is a good point. You can even set your own ‘risk grade’ to tune your exposure to investment notes based on their risk grading. This is not something new, all other major P2P platforms have something similar.

My B2B Finpal Performance

From my signup in October 2018 until now, B2B Finpal has consistently offered deal flows for investors.

I invested into 12 notes total since my signup last year, 2 of which are reinvestments. Profiles of notes as below:

  • 2x A1 (strong) and 3x A2 grades
  • 3x B2 (moderate) grade
  • 4x C (fair) grade

Total investment stood at RM1000 and out of that, I withdrew RM1034.65 which translates into ROI of 3.47%.

Bear in mind that this is not the annualised return, which could potentially be higher.

Will I continue to build a portfolio here? Yes, I think so. B2B Finpal offers invoice financing investment opportunities, which is attractive in their own right.

My B2B Finpal Default Rate

Luckily enough, during my short trial period with B2B Finpal, all the notes were settled fully.

What I Dislike About B2B Finpal

  • Not much info is provided on the issuers. I’d like to see their detailed financial statement.
  • For manual investing, you cannot invest straightaway (i.e. add to cart and check out like Fundaztic); you’ll have to bid an amount to be able to invest in the note you want.
  • High fees – B2B Finpal takes a flat 30% of your interest earned, which is quite high.


B2B Finpal is a decent investment option for those seeking exposure to SME’s and supply chain via their B2B Eco invoice (eco meaning ecosystem).

As with all things, there are certain risks involved when investing into P2P funding, so please exercise due diligence and caution when investing.

If you like this B2B Finpal review, please share it with your friends or leave a comment below!

2 thoughts on “B2B Finpal Review

  1. Haridas a/l sanku asari

    I find some of the profit of a company is ridiculous. Like sl 000213. Revenue is 8 million + but the profit is only rm2700.00. Is it cheating on the profit amount.? Who wants to invest in a company that makes only rm 2K. Many times I have seen this kind of financial reporting. Real cheating.

    1. Admin WCR Post author

      I agree sir. That’s why it’s always good to do due diligence before blindly investing into P2P.


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