FintechNews Malaysia

EDITOR’S PICK

Hendra Lembong Replaces Olivier Crespin as CIMB’s Chief Fintech Officer

CIMB has appointed Hendra Lembong as Chief Fintech Officer with effect from 1 June 2018. Hendra will be replacing Olivier

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RHB Insurance Mobile App Enables Customers to Purchase Policy in 3 Minutes

RHB Insurance Berhad (“RHB Insurance”) launches “RHB Insurance Mobile App”, which enables its customers to purchase motor insurance policy and

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One of India’s Largest Financial Comparison Site Goes Live in Malaysia’s Crowded Market

BBazaar Malaysia today announce that its website is fully live in Malaysia. BankBazaar, BBazaar Malaysia’s parent company, is among the

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Got a Fintech Idea? Alpha Startups: Fintech Edition Wants to Help You Make It a Reality

Got a fintech idea you’re dying to turn into reality? 1337 Ventures, in collaboration with MDEC and InnoStart Capital, will

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Maybank Ranks Highest in Auto Financing Customer Satisfaction

A recent study conducted by research firm J.D Power shows that Maybank ranks highest with an overall satisfaction score of 77.3%.

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Malaysian Fintech Startups are Well-Positioned for Regional Expansion

Amidst rising interest in fintech, startups in this vertical have been dished a rude awakening to abide by tightening guidelines

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UOB Inks Deal With Funding Societies To Provide Startups Access to Funding

UOB Malaysia today announced it will partner with Funding Societies, a regional peer-to-peer (P2P) lending platform Through the partnership, start-ups

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CIMB Launches 1 Minute Instant Approval for Auto Financing

CIMB Group today unveiled the CIMB 1-Minute Auto Financing InstaApproval™, a digital platform that approves auto financing within one minute

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Behind The Scenes: Rakuten Trade, Malaysia’s Fintech Company of the Year

Fresh off the back of winning the Fintech Company of the Year award earlier in 2018 and celebrating their one year

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Digital, Data, Disruption: CIMB Pledges RM 75 Million to Its 3D Academy

36,000 workforce to be trained A combined total of estimated 2 million staff learning hours Aims to equip staff with

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Malaysian Fintech Company CapitalBay Wins Multiple Awards

CapitalBay, a FinTech company, offering solutions for Supply Chain Finance in Malaysia has announced that it has received two separate

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Grab and Maybank Ties Up to Drive GrabPay

South East Asia’s ride hailing giant, Grab and Malaysia’s largest bank Maybank, has announced their partnership to drive the acceptance

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Funding Societies Launches FS Bolt

Funding Societies, largest peer-to-peer (P2P) financing platform in Malaysia, has announced the launch of FS Bolt: a mobile microfinancing solution

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Malaysian Fintech Firm Jirnexu Closes US$11 Million Series B

Malaysian based fintech startup Jirnexu, has closed an US$11 million Series B round. Making their second investment in Jirnexu, Japan-based

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Banks and Insurance Companies: Go Digital or Go Home

Earlier last month, I had the pleasure of joining TM ONE’S BFSI Open Day as a panelist. Joining me was

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Can Blockchain Eradicate Corruption in Malaysia?

As Malaysians go to the polls tomorrow to decide the fate of the country, the election fever runs high. So

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UOB Partners With WORQ & Common Ground to Lower Price Barriers for Startups

United Overseas Bank (UOB) recently announced that they have signed a MOU with WORQ and Common Ground to offer up

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Behind The Scenes: How Hong Leong Bank is Digitising Their Workforce

Digital transformation is something that should be happening across the organisation, not just the consumer facing fronts. However, when scanning

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Fintech Malaysia News Roundup April 2018

Malaysia’s fintech scene is becoming increasingly active, it is sometimes difficult to keep track of all the important events, here’s

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MoneyMatch Embraces Ripple’s Blockchain Solution to Power Payments

Ripple, the enterprise blockchain solution for global payments, is announcing that five new customers across Europe and Asia will use

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Soft Space Secures Series B Funding from Sumitomo Mitsui, Eyes International Expansion

Soft Space announced the closing of a Series B investment with Sumitomo Mitsui Card Company (SMCC)  a wholly-owned subsidiary of

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State of Open Banking in ASEAN

Behind the futuristic glass walls of the Marina Sand Bay convention center, Money2020 celebrated its first Asian edition in Singapore.

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HelloGold Secures Series A from 500 Startups

Southeast Asian fintech firm HelloGold has secured Series A funding from Silicon Valley venture capital firm 500 Startups. The funding

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Funding Societies Raises RM 100 Million, the Largest P2P Lending Funding in SEA

Funding Societies, the largest peer-to-peer (P2P) financing platform in Malaysia, has raised RM100 million in Series B funding. Led by

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Meet the 9 Cryptocurrency Exchanges in Malaysia Registered with BNM

Bank Negara Malaysia has published the list of cryptocurrency exchanges in Malaysia that has registered itselves as a reporting entity

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Luno Registers as Reporting Institution with Bank Negara Malaysia

Popular cryptocurrency exchange platform, Luno, today announced that they have formally registered with Bank Negara as a reporting institution as

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Allianz Malaysia Partners With PolicyStreet For Digital Distribution

Allianz Malaysia Berhad is partnering with PolicyStreet to provide Malaysians with better online access to insurance products. PolicyStreet is an insurance

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AXA Affin Insurtech Play: Digital Insurance & Partnerships

AXA Affin announced their insurtech play AXA eMedic, which focuses on offering low barrier to entry e-medical cards targeted at

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Fintech Malaysia News Round Up – March 2018 Top 5 Stories

Malaysia’s fintech scene is becoming increasingly active, it is sometimes difficult to keep track of all the important events, here’s

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Hong Leong Introduces AI Powered Chatbot, But This Time It’s for Their Employees

Hong Leong Bank introduces an AI enabled virtual assistant named HALI, which it claims will help it to improve operations

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