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Maybank’s New SME Digital Financing Solution Approved RM 1 Billion Loans in 6 Months

Six months into its launch, Maybank SME Digital Financing has approved RM1 billion of financing, serving more than 8,200 Small

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TM ONE and Sunline Inks Partnership to Drive Digital Transformation for Banks

Telekom Malaysia Berhad (TM) via its enterprise and public sector business solutions arm, TM ONE, today inked a Memorandum of

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PayNet Appoints Soft Space’s FassPay as Third Party Acquirer

PayNet, the national payments network and shared central infrastructure for Malaysia’s financial markets, has appointed FassPay, a subsidiary Soft Space,

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RinggitPlus Expands into Digital Financial Planning with RinggitPlus Advance

RinggitPlus, a financial marketplace owned by Jirnexu, has launched RinggitPlus Advance, a new one-to-one financial digital financial planning service for

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Axiata and Telenor Revives Merger Plans for Celcom and Digi

Axiata Group and Telenor Asia today confirmed in their press conference that they have revived merger plans of Celcom and

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Versa Secures RM10 Million in Deposits in Less Than Three Months

Versa, Malaysia’s latest digital cash management platform, today announced that it has achieved over RM10million in deposits in just three

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Boost Offers Low-Cost Financing Support for MSMEs this Ramadan

Boost issued a press statement saying that it will be prioritising micro-enterprises and SMEs this upcoming Ramadan by offering low-cost

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Bank Negara Malaysia to Evaluate Merits of Digital Currencies Through POCs

Central bank-backed digital currencies (CBDCs) are rapidly on the rise, with 86% of central banks around the world researching the

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Mastercard-Backed Pine Labs Rolls Out Buy Now, Pay Later Offering in Malaysia

Pine Labs, an Asian merchant commerce platform backed by Mastercard, announced the launch of its Buy Now Pay Later (BNPL)

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Ripple Acquires 40% Stake Cross Border Payment Specialist Tranglo

Rippl, announced that it has agreed to acquire 40% of cross-border payments specialist Tranglo. This partnership will allow Ripple to

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How Malaysia’s Incumbent Banks Are Gearing up for the Entry of New Digital Banks

In Malaysia, incumbents are gearing up for the entrance of the country’s first digital banks, accelerating digital transformation, planning standalone

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Touch ‘n Go Expects 1 Million Users for Its New Wealthtech Offering GO+

Touch ‘n Go Group (TNG) formally announced today the launch of GO+, a financially inclusive investment product for which it

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Boost Now Supports DuitNow QR Payments

Homegrown e-wallet Boost announced that it is now part of the PayNet Real Time Retail Payment Platform (RPP) and will

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Axiata’s Aspirasi Rolls Out Consumer Microloans up to RM 2,500 on Lazada

Aspirasi, a digital micro-financing and micro-insurance service provider under Axiata Digital, is now offering a flexible and fully-digital financing solution

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Zurich Malaysia Partners Singaporean Fintech to Simplify Financial Planning

Zurich Malaysia (Zurich) and Singapore-based fintech BetterTradeOff, today launched ‘Up | MyZurichLife’, a financial planning solution exclusively for MyZurichLife’s users

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Reports of the Death of Challenger Banks Are Greatly Exaggerated

Against the backdrop of the cacophony of noise and emerging trends in Asia, it’s difficult even for the keenest of

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From Relationships to Platforms – the Shift in Corporate Banking

Banking has undergone a major shift in recent years thanks to the advent and advancement of digital banking technology. This

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Mambu Launches Shariah Compliant SaaS Banking Platform

Mambu, the newly-minted fintech unicorn, has announced the launch of the Sharia-compliant version of its SaaS banking platform. The solution

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GHL Partners Split to Offer Buy Now Pay Later to its Merchants

Payments firm GHL announced today they will be piloting a Buy Now Pay Later (BNPL) service for its merchants in

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FWD Kicks off Insurtech and Takafultech Accelerator Programme

FWD Insurance announced the launch of the FWD Start-Up Studio to support insurtech and takafultech startups in Malaysia, with seed

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Kiple Powers Selangor’s SELANGKAH Cashless Solution

SELANGKAH announced today their newly launched mobile app SELANGKAH Biz which enables registered businesses in Malaysia to accept cashless payments

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Malaysian Retail Investors Return to the Fold on the Back Digital Acceleration and COVID-19

Securities Commission Malaysia (SC) revealed during their annual report press conference today, that 2020 has seen heightened participation from retail

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Alibaba Cloud’s New Report Urges Financial Institutions to Embrace Cloud Technologies

In Malaysia, a robust digital infrastructure and governmental support have enabled the growth of fintech startups and rising adoption of

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Kenanga Granted License to Operate Robo Advisor by Securities Commission

Kenanga Investment Bank revealed on Monday that it had received a Digital Investment Manager license from Securities Commission Malaysia. The

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Principal To Offer E-Investment Solution Through Touch ‘n Go E-Wallet

Principal Asset Management Berhad has announced the launch of its latest product, the Principal e-Cash Fund to make investing accessible

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Malaysian Insurtech Ouch! Raises RM 1.5 Million in Seed Funding

Ouch!, a Malaysian-based digital insurance platform, announced that it had raised RM 1.5 million in a seed funding round from

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From Fintech Fund to Crypto Exchange — What’s Next On Kenanga’s Digital Roadmap?

The name Kenanga Investment Bank has been plastered across headlines recently, a shift from its previously media-shy nature. Backed by

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iPay88 Marked 600% Increase in E-Wallet Transactions in 2020, Integrates With ShopeePay

Payment gateway solutions provider iPay88 registered 4.1 million e-wallet transactions via its network last year, marking a growth of six-fold

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Kenanga and Malaysia Debt Ventures Establishes RM 300 Million Fintech Fund

Malaysia Debt Ventures Berhad (MDV) and Kenanga Investment Bank announced the establishment of a Fintech Fund, with a target fund

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Tune Protect Launches Its First Online Cashless E-Medical Card

Tune Protect Malaysia launched its first online cashless e-medical card, PRO-Health Medical, with growing awareness for medical protection, soaring healthcare

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