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 for my review of this company.

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 and sign. Just follow the instructions in the email and you should be fine

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 confusing, 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. You will have to find the information in the email and do an online transfer manually. Subsequently just fill in the information by clicking the ‘Deposit’ button in your dashboard and wait for your funds to be confirmed.

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, so this is something new.

My B2B Finpal Performance

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

As of today, there are still 2 invoice financing notes on offer until 31st December 2019.

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.

My B2B Finpal Default Rate

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


Compared to Fundaztic & Funding Societies, B2B Finpal is not really well-known and doesn’t have such a strong following. Which is a good thing actually! This means there are still opportunities for investors who couldn’t invest in other P2P platforms.

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

2 thoughts on “B2B Finpal Review”

  1. 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.


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