MFI Money Sdn Bhd is a premier, innovative and fast-growing alternative funding solution company in Malaysia that aims to cater for the funding needs in the secondary market.
MFI Money initially offers factoring services to its associated companies within the Group as a learning curve in understanding factoring processes and to mitigate risk. In addition, MFI Money also joined the Malaysian Factors
Association (MFA) in 2018 in order to get more exposure on factoring processes, legal framework and industry updates.
Ever since, MFI Money has developed and improved its processes and ready to penetrate the open market. For start, MFI Money focused only on trading and supplies contracts as the transactions are more secured and straight forward compared to performance-based contracts like construction and software development. MFI Money’s clients are among the vendors and contractors performing contracts for the Federal and State Government, its Agencies and
Government Link Companies (GLCs).
Furthermore, Director of MFI Money, En Mohamed Fahmi Ilyas, is also the President of Malaysian Factoring Association.