Flux Malaysia
 | The topic of this article may not meet Wikitia's general notability guideline. |
| Private | |
| Industry | Technology & Internet, Car Subscription, Automotive |
| Founded | 2018 |
| Founder | Aziz Ayman |
| Headquarters | Solaris Mont Kiara, Kuala Lumpur, Malaysia |
| Website | www.driveflux.com |
FLUX is a Malaysian online marketplace for monthly car and motorcycle subscriptions[1]. The company acts as a broker and charges a commission from each subscription between hosts and subscribers[2]. The company was founded in 2018 with the aim of redefining the way that people own vehicles as an alternative to traditional loans.
History
FLUX was launched in Malaysia in 2019 by Aziz Ayman when he recognized that car loans, which hadn't been innovated upon within the past two decades, often resulted in households defaulting on their debt.
He aimed to address these issues by creating an online platform that would connect vehicle owners with underutilized cars and motorcycles with individuals who want to subscribe to them[3][4].
References
- ↑ Yunus, Rahimi (2019-11-27). "Over half of car users prepared to give up ownership in favour of leasing". The Malaysian Reserve.
{{cite web}}: CS1 maint: url-status (link) - ↑ "Earn a 2nd Income with your spare car. – Motorsports News | Bike Reviews | Gadget Reviews". 2021-08-26. Retrieved 2023-10-09.
- ↑ Othman, Nur Zarina (2022-01-14). "Now you can 'own' a car via subscription model". New Straits Time.
- ↑ MyMoneyInsights (2021-11-11). "Car Subscriptions? Can you really save money?". My Money Insights. Retrieved 2023-10-09.
External links
This article "Flux Malaysia" is from Wikipedia. The list of its authors can be seen in its historical. Articles taken from Draft Namespace on Wikipedia could be accessed on Wikipedia's Draft Namespace.