FintechNews Malaysia

EDITOR’S PICK

What Are Malaysia’s Top 5 Banks Doing About Fintech?
Fintech Malaysia Report
Fintech Influencers Malaysia: 14 Names You Should Know
https://fintechnews.my/16377/fintech-lending-malaysia/p2p-lending-malaysia-performance/
12 Hottest Fintech Startups in Malaysia

Banking

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

Digital Transformation Insurtech

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

Various

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

Various

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

Lending

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%.

Regtech/Regulation

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

Banking

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

Banking

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

Digital Transformation WealthTech

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

Banking Digital Transformation

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

Various

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

Payments

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

Lending

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

Various

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

Digital Transformation

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

Blockchain/Bitcoin

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

Banking

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

Banking Digital Transformation

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

Various

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

Blockchain/Bitcoin Payments

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

Payments

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

Banking Digital Transformation

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.

Blockchain/Bitcoin WealthTech

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

Lending

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

Blockchain/Bitcoin

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

Blockchain/Bitcoin

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

Insurtech

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