FAQs - Bonus & Others

Malaysia About Us FAQs FAQ for Bonus & Others

Fundaztic Bonus are rewards given by the platform to new members who register during a promotional period or to existing members who successfully refer their friend to register as members during a promotional period.
Fundaztic Bonus can only be used to complement an investment made in the form of an added value to actual invested amount.  This means that if a member pay RM50 for an investment and used a Fundaztic Bonus amounting the same value, the investment is registered as RM100 and the member will receive returns of investment based on RM100.  It is similar to the concept of “buy 1 free 1”.
Members cannot withdraw their Fundaztic Bonus without investing and are not allowed to use their Fundaztic Bonus to invest without putting in any additional investment amount.

You may get Fundaztic Bonus if you register or when you refer a friend during a promotional period.   We may send you emails or messages informing of such promotions so that you can participate to enjoy this Fundaztic Bonus.

Fundaztic Bonus are issued in specific numbers for a specific time period.  By the time you register, if the number of bonus set for the promotion has all been taken up, then you will not enjoy any Fundaztic Bonus.  
For example, the promotional period is 1/6 – 10/6 and the number of Fundaztic Bonus issued is 1000.  If all 1000 bonus has been taken up by 5/6, all new registrations from 6/6 – 10/6 will not enjoy any Fundaztic Bonus although registration is done during the promotion period.

Fundaztic Bonus will automatically be issued during a promotional period if the count / stocks as set is still available when a newly registered account has completed the full registration cycle and is activated.  Assuming that the promotional period is from 1/10 – 31/10 and the bonus count available is 1000, a member who registered on 1/10 but only activated his/her account by keying-in the random amount credited to his bank account on let’s say 10/10, he/she will receive RM50 Fundaztic Bonus if the 1000 bonus set has not been taken up.  If it has been fully taken up, then, even though it is activated within the promotional period, he/she will not receive any Fundaztic Bonus.

First of all, you must be a registered member of Fundaztic before you can refer a friend. Once you have successfully registered as a member, in your personal homepage, at the bottom left, you will be able to see the “Rewards Centre”.  When you click on “Referral”, a unique link will be generated. Copy this link and paste it to the email that you intend to send to your friends to invite them to be a member of Fundaztic.   If your friend opens the email and click on the link to register, you will receive the referral bonus called “Fundaztic Bonus” which will be reflected at the top of your homepage.

A member who refers new member(s) to the platform will only receive the Fundaztic Bonus for referral only when the member referred has completed the registration process and the account is activated. 
The Fundaztic Bonus is further subject to availability of count / stocks of the bonus at point of the account being activated. Assuming that the promotional period for referral is from 1/10 – 31/10 and the bonus count available is 1000, a referred new member registered on 1/10 but only activated his/her account by keying-in the random amount credited to his bank account on let’s say 10/10,  then, the member who referred this new member will receive RM50 Fundaztic Bonus if the 1000 bonus set has not been taken up.  If it has been fully taken up, then, even though it is activated within the promotional period, he/she will not receive any Fundaztic Bonus for referring a new member.

You will need to invest a minimum of RM50 to utilize a Fundaztic Bonus of the same value.
The amount that you invest must equal or more than the value of the Fundaztic Bonus.

Fundaztic Bonus works based on the concept of “buy 1 free 1”

You can only use one Fundaztic Bonus per cart/per check -out.

NO.  There is no limit set.  As long as you participate within the time that the Fundaztic Bonus is offered and still available, and fulfill the terms and conditions, you will be entitled to collect Fundaztic Bonus.

You can check the expiry date under the “Fundaztic Bonus” section of your personal homepage. 

NO.  Fundaztic Bonus is not transferable

NO.  Your Fundaztic Bonus can only be used as part of your investment.  It adds value to your investment amount.   Assuming if you invest RM100 and use RM50 Fundaztic Bonus in the particular investment order, you will pay RM100 but your investment value would be recorded as RM150 and your returns of investment will be calculated based on RM150 instead of the RM100 that you have paid.
Only after you have used the Fundaztic Bonus to top-up on an investment, can it be withdrawn.

All Fundaztic Bonus that expires during the funding period of a Note will not be reimbursed. The Fundaztic Bonus shall be forfeited. If the Fundaztic Bonus has not expired, then, it will be reimbursed back but the expiry period would remain the same and will not be extended.
This means that, if a Note fails to receive at least 80% of its funding goal by end of the funding period, only the actual invested sum paid and any yet to expire Fundaztic Bonus will be distributed back to the investors. Therefore, it is advisable to utilize your Fundaztic Bonus on Notes that are likely to get funded in order to minimize the possibility of forfeiture.

SMEs that are already registered with SSM who require funding for business related purposes may sign up to be an “issuer” by completing a simple online application form. Upon receipt of completed forms, the credit evaluation process will kick-start. If the application meets all the pre-requisites, the application will be approved and an “issuer” will then be issued legal documents containing all the terms and conditions of the offer for funding. By accepting the terms, the approved application will then qualify to be listed for funding within a pre-determined period whereby registered “investors” can invest from as little as RM50 to RM50,000 per investment. If the “issuers” managed to raise at least 80% of the approved limit within the funding period, then, after a simple pre-disbursement check to ensure on legitimacy of application and business is performed, the funds will be transferred into the account provided by the “issuer” for its intended usage. Thereafter, it is the responsibility of the “issuer” to make prompt monthly repayments for the funds that they received. “Investors” will earn monthly return of investments in the form of interest based on their investment amount. The interest earned will be credited into a trust account and investors may choose to re-invest in new “investment notes” or request for withdrawal of funds back into the account that they have prior provided. To summarize in a simplistic manner, “investors” provide funding to SMEs whose application has been vetted and approved by Fundaztic.com and “issuers” having received funding, makes monthly repayments to service their debt.

“Investment note” refers to the promissory notes sealed between the “issuer” and “investor” to manage the risks involved in funding the “issuer”. It is a short term debt security with a maturity of between 3 months to 5 years. This legal document obligates the “issuer” to repay the funding that it has obtained via the investments of multiple “investors” based on specific terms and conditions of repayments failing which, depending on severity, Fundaztic.com may seek to pursue recovery actions permissible by law on behalf of the “investors” to recover funds issued.

Yes, it is possible for businesses registered with SSM to be both an “issuer” and “investor” at the same time. However, individuals can only be “investors” and the current guidelines on P2P financing issued by the Securities Commission (SC) only allow businesses or SMEs to raise funds / become “issuers”.

Get Personal Support

General frequently asked questions & answers on Fundaztic Platform and Fundaztic Bonus.