Fintech News Malaysia

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  • Fintech-Malaysia-Report-2018

Singaporean Fintech Fundnel Becomes 7th ECF Platform Approved in Malaysia

Singapore-based equity crowdfunding platform Fundnel has expanded to Malaysia. The announcement follows Fundnel’s appointment as a Recognised Market Operator by

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TM ONE Plays Host to UK Artificial Intelligence Trade Mission

Telekom Malaysia Berhad,  through its business solutions arm, TM ONE, recently hosted an Artificial Intelligence Trade Mission from the UK

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StockBit Aims to Level the Investment Playing Field with Their Social Fintech App

The information gap between financial investors in the capital market can create an unfair game of lottery for those who

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FundMyHome is Fine, It’s Just Mismarketed

Of all of Budget 2019’s announcements, its peer-to-peer homeownership section has been the product of biggest contention. The FundMyHome scheme,

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Budget 2019: Securities Commission Malaysia to Regulate ICOs in 2019

During the Budget 2019 speech, YB Lim Guan Eng, Finance Minister, stated that Securities Commission Malaysia will be coming up

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StashAway is The First Robo-Advisor The SC Has Approved for The Malaysian Market

Singaporean company StashAway has arrived in Malaysia, bringing their artificial intelligence-enabled investing platform here. Basically, instead of having to pay

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Taylor’s University to Create Blockchain Syllabus in Partnership with NEM

Taylor’s University recently announced that they will be including blockchain in its syllabus thanks to a partnership between them and

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Ambank’s New Fintech Playbook Involves a Chatbot and Robo-Advisors

Since the wave of fintech disruption arrived on the shores of Malaysia several years back, many 1st-tier banks have each

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Paynet & Soft Space To Enable Card Payments Acceptance Using Only Smartphones

Malaysians will soon be able to enjoy a new payments service that was made possible thanks to a partnership between

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It Only Took Fundaztic 38 Minutes to Raise RM3 Million on pitchIN

Peoplender, the company behind the Fundaztic P2P Financing platform, has become the fastest ever funded equity crowdfunding deal in Malaysia.

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Sneak Peek into the New RinggitPlus Chatbot and Revamp

RinggitPlus the financial comparison site brand owned by Malaysia’s top funded fintech company Jirnexu, has announced an overhaul of their

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5 Misunderstandings About PayNet’s DuitNow—Answered

Here’s where we stand on this DuitNow function that was launched by PayNet, and will be adopted by 44 banks

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Funding Societies: New Expansion Could Help SMEs With Their Cashflow Woes

Funding Societies has announced that they will be launching financial services to complement their usual P2P funding platform—this time targeted

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Accenture: Open Banking in Malaysia Less Comprehensive Than Singapore

Following the rollout of Open Banking regulations in the UK and the launch this year of the EU’s Payment Services

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Soft Space Partners Up With Singaporean Fintech Firm for eKYC and Market Expansion

Depsite having their co-founder recently step-down, Soft Space is showing no signs of slowing down. The payments company widely regarded

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44 Banks Want to Free You From The Hassle of Memorising Account Numbers

Last friday, some of you may have gotten a potentially questionable text from your banks—that your phone number might be

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MoneyMatch Completed Its First Cross-Border Blockchain Transaction with Ripple

Following MoneyMatch’s earlier announcement that they will be embracing Ripple’s blockchain to power their payments in April, the fintech startup

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P2P Lending Player Fundaztic to Raise RM3 Million Through pitchIN

Fundaztic announced that they will be raising RM 3 Million via equity crowdfunding platform, pitchIN — which is the maximum

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BREAKING: Soft Space Co-Founder Leaves To Pursue Other Ventures

It’s official, Chang Chew Soon, co-founder and Group CEO will be stepping down from Soft Space effective 13th November 2018.

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How Malaysia Measures Up To Southeast Asia’s Payments Landscape

According to SKMM, Malaysia’s smartphone penetration grew from 68.7% in 2016 to 75.9% in 2017, and by all measures, will

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MyEG Hops on The Blockchain Bandwagon With Payroll System —Is There a Good Reason?

MyEG recently unveiled their PayMe, a blockchain-based payroll management software. Most of us know MyEG for enabling citizens to pay

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Grab and Fave Teams up To Tackle The Malaysian and Singaporean Market

Grab and Fave announced a strategic partnership for both parties to grow the respective platforms across the region. The partnership

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CIMB Introduces QR Terminal — 6 Major Wallets Accepted

CIMB Bank has introduced Quick Response (QR) Payment Acceptance at CIMB terminals. The bank claims to be first in-market to

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Meet the 43 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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OCBC Cardholders Lacking Impulse Control Can Now Limit Purchases At Specific Merchants

Individuals with an OCBC credit card and a lack of impulse control have become the bank’s latest market in their

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Startup Now Ranked Top 5 Funded Malaysian Fintech with Its US$ 3.5 Mil Pre-Series A

Malaysian fintech startup Goals101 through its India-based entity recently secured US$ 3.5 Million in a Pre-Series A round with US-based

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New Digital Finance Innovation Hub By BNM, MDEC and UNCDF to Drive Financial Inclusion

In a tripartite partnership, the United Nations Capital Development Fund (UNCDF), Bank Negara Malaysia (BNM), and Malaysia Digital Economy Corporation

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7 Cool Blockchain Projects Made Right Here in Malaysia

Besides ‘big data’ and ‘artificial intelligence’, the trendy buzzword in tech now is also blockchain, which the collective industry has

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Bursa Listed PUC Unveils Presto Wallet – Will it Survive Malaysia’s Crowded Market?

In a market where there is a lingering fatigue of new e-wallet releases, the ACE Market-listed company, PUC Berhad officially

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Why BNM’s Open API Initiative Could Bring Malaysia’s Fintech into a New Era

Bank Negara Malaysia just released a proposed guideline for Open APIs in Malaysia, and is currently seeking feedback from the public. This

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