Fintech News Malaysia

View More Posts

Latest Stories

Adelene Foo Appointed as Managing Director of Grab Malaysia

Southeast Asian superapp Grab has appointed Adelene Foo as Managing Director of Grab Malaysia to succeed Sean Goh, who assumes

Read More

10 Fintechs That Are Transforming SME Lending

Small and medium enterprises (SMEs) are innovative, agile and drive competition. However, they’re often shuffled to the back of the

Read More

Gobi Partners Invests in Malaysia-Based Fintechs Paywatch and pitchIN

Pan-Asian venture capital (VC) firm Gobi Partners announced that it has onboarded two fintech firms to its Gobi Superseed II

Read More

BigPay Revamps App With New Design Powered by Snowdrop

Southeast Asian neobank BigPay has embarked on the first phase of its app enhancements with new design elements and experience

Read More

Maybank Debuts ‘Kill Switch’ Feature for Maybank2u and MAE App

Maybank has introduced the ‘Kill Switch’ feature via Maybank2u (M2U) web and the MAE app as part of its efforts

Read More

Innovative Technology Remedies Almost 100% Of Payment Pain Points in APAC

The Asia-Pacific region, with 13 countries that process US$17.8 billion in digital payments per year, tends to invite issues as

Read More

Shopee’s Parent Company Sea to Create Over 2000 Jobs in Malaysia

Singaporean tech conglomerate Sea announced that it will be creating more than 2,000 in Malaysia as part of its expanded

Read More

HelloGold Shutters Its Consumer Business — Users Have Until 2 Feb to Withdraw Funds

Malaysian-based fintech HelloGold, a savings app that blended gold trading with blockchain technologies, has become the latest casualty of adverse

Read More

Luno Slashes 35% of Workforce as Crypto Fallout Rages On

Luno was the first digital assets exchange to be approved by the Securities Commission in Malaysia, opening the door for

Read More

CIMB Debuts In-App Kill Switch to Suspend Accounts in a Suspected Breach

CIMB Bank and CIMB Islamic Bank has introduced a self-service ‘Lock Clicks ID’ feature which acts as a ‘kill switch’

Read More

Touch ‘n Go Launches CSR-linked Numberless Visa Prepaid Card

Touch ‘n Go Group has partnered with Visa to launch a corporate social responsibility (CSR)-linked numberless prepaid card with a

Read More

The Growing Threat of Cybercrime as a Service to Asia’s Financial Institutions

The growth of internet usage, online banking, and digitalization of financial services has increased cybercrime and cyber criminals’ attack surface.

Read More

Malaysians Can Now Get Mobile Prepaid Top-Ups Directly From the BigPay App

BigPay, a Capital A venture company, has launched the prepaid mobile top-up feature so its Malaysian users can now top-up

Read More

GHL Rolls Out Grab’s BNPL Service PayLater for Physical Stores

Payment solutions provider GHL Systems will continue the rollout of Grab‘s Buy Now, Pay Later (BNPL) service for its in-store

Read More

Will Ablr’s Ethical Approach to BNPL Stand The Test of Time?

”The “Buy Now, Pay Later” (BNPL) phenomenon has taken the world by storm. The concept is simple: customers can purchase

Read More

Insurtech Startup Ouch! Raises Pre-Series A, Eyes Digital Takaful License

Ouch!, a tech-enabled insurance platform has announced a fully subscribed six figures pre-series A round and is set to continue

Read More

Thai Unicorn Launches its TrueMoney E-Wallet in Malaysia’s Crowded Market

TrueMoney, a payments player and a subsidiary of Ascend Money announced today their launch in Malaysia. During their press event,

Read More

Fave Offers Cashback Loyalty Programme for 18 Million Touch ‘n Go eWallet Users

Southeast Asian payments platform Fave has partnered with Touch ‘n Go Group’s TNG Digital to launch a loyalty programme and

Read More

Tune Protect Gets Approval for BNM Sandbox

Tune Protect Group announced that its wholly owned subsidiary Tune Protect Ventures  (Tune Protect Life) has received Bank Negara Malaysia’s

Read More

Boost Rolls Out Merchant B2B Wallet With Limit of up to Half a Million

Axiata Group’s fintech arm Boost announced that it has launched its Merchant B2B Wallet with a limit of up to

Read More

Indonesian Payments Unicorn Xendit Officially Expands to Malaysia

Indonesian fintech unicorn Xendit announced that it has officially made its entry into the Malaysian market to offer its payment solution

Read More

MoneyLion’s Malaysian Co-Founder Foong Chee Mun Steps Down as CTO

Foong Chee Mun announced in a LinkedIn post that he will be stepping down as the Chief Technology Officer of

Read More

Revenue Group Names Former GHL Top Exec Danny Leong as New Group CEO

Payment solutions provider Revenue Group announced that it has appointed Danny Leong Kah Chern as its Group Chief Executive Officer

Read More

Gary Yeoh Joins PayNet as CCO After Hops at Fave and Atome

Malaysian payments network and infrastructure provider PayNet has appointed Gary Yeoh as its new Chief Commercial Officer. The new appointment

Read More

The Story of Sugar: Why a Company Pivoted from Buy Now Pay Later to Save Now Buy Later

Buy now pay later, or BNPL, solutions have recently gained traction. These solutions allow customers to purchase items and pay

Read More

SC’s Deputy CEO Steps Down; Two New Managing Directors Appointed

The Securities Commission Malaysia (SC) today announced the appointment of Kamarudin Hashim and Datin Azalina Adham as its new Managing

Read More

Top 5 Stories That Shaped Malaysia’s Fintech Scene in 2022

2022 was set to be a transformative year for the fintech space in Malaysia. The long-awaited reveal of the five

Read More

OCBC Malaysia Rolls Out Kill Switch Available 24/7 to Combat Rising Scams

OCBC Malaysia has beefed up its security measures by introducing a kill switch that will enable its customers to immediately

Read More

Five Key Takeaways From the Temenos Regional Forums in Asia Pacific

The Asia-Pacific financial sector is undergoing rapid transformation. Consumers’ expectations have significantly increased as a result of the digital revolution

Read More

MyStartr’s Ongoing Crowdfunding Campaign on Alta Raises RM1.9 Million

Malaysian equity crowdfunding platform MyStartr has launched its own crowdfunding campaign on its counterpart’s platform Alta, formerly known as Fundnel.

Read More

Meet the 56 Cryptocurrency Exchanges in Malaysia Registered with BNM

  Update: As of March 2019, all cryptocurrency exchanges operating in Malaysia needs to be regulated by Securities Commission Malaysia.

Read More

Top 20 Malaysian Fintechs in 2020

It’s been nearly 3 years now since we last highlighted the best fintech startups that Malaysia has to offer. Since

Read More

3 Cryptocurrency Exchanges Granted Conditional Approval from Securities Commission Malaysia

Following the finalisation of the regulatory framework for cryptocurrency exchanges in Malaysia, Securities Commission Malaysia announced today that it has

Read More

Fintech Malaysia Report 2019 — How is Malaysia’s Fintech Scene Doing?

In 2017, we started Fintech News Malaysia with a simple goal — to help shine the spotlight on deserving fintech

Read More

Fintech Malaysia Report 2018 – The State of Play for Fintech Malaysia

  Note: We’ve update this report, the 2019 edition of the Fintech Report can be found here Following last year’s

Read More

Alixco Targets Investors from South East Asia and Europe to Widen its Base

Alixco, a P2P financing platform regulated by the Securities Commission of Malaysia announced today that it is opening its platform

Read More

Here are 5 of The Best E-Wallets in Malaysia (in My Opinion)

You may remember me as the person who complained about e-wallets last year, and later, complaining again about Malaysia’s drive

Read More

BigPay is The Latest to Join PayNet’s Universal DuitNow QR

BigPay,  announced today its participation in the DuitNow eco-system operated by Payments Network Malaysia (PayNet).  BigPay users will soon be

Read More

Here Are All The Digital Banking Contenders in Malaysia (So Far)

Editor’s Note: This article was first written on 29th June 2021, was last updated at 11:00 am 5th August 2021

Read More