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WealthTech

HSBC Malaysia Rolls Out a Unit Trust Investment Platform on Its Mobile App

HSBC Malaysia has launched EZInvest, a new unit trust investment platform on its mobile app to provide customers round the

Blockchain/Bitcoin

Luno Offers Bitcoin Cash for Trading Following Approval From the SC

Luno announced that it is the first digital asset exchange in Malaysia to be approved by the Securities Commission Malaysia

Payments

Visa Teams Up with GHL to Offer Their Answer to the Growing BNPL Trend

GHL Systems has embarked on a partnership with Visa to be the first in ASEAN to introduce Visa Instalments for

Various

FIS Expands Payment Capabilities Into Malaysia

FIS, an American Fortune 500 company which offers a wide range of financial products and services, announced that it is

Digital Transformation Sponsored

FICO: 61% of Malaysians Prefer Digital Banking Channels During Financial Hardship

Over the past year, companies have had to accelerate their digital transformation just to survive. Their investments were essential to

Australia Payments

Australian Payments Firm Omipay Picks Tranglo to Power Its Cross Border Payments

Tranglo, a cross-border payment processing hub, announced that it will power the cross-border payments of OmiPay, an Australian mobile payment

Malaysia’s INFOPRO Named as Best Core Banking Solution Provider in Banking Tech Awards

INFOPRO, the global banking software and solutions company, has been named winner of Fintech Futures’ Banking Tech Awards 2020 in

Insurtech

Carput Taps Policystreet.com’s Platform to Offer Auto Insurance Services

Malaysian insurtech company PolicyStreet.com has partnered with Carput, a homegrown automotive assistance platform, to offer car insurance. By teaming up

Cloud Fintech Opinion Leader

Building a Bank in 100 Days

COVID-19 has accelerated a trend which had already begun in many parts of APAC – the closure of branches. At

How Securities Commission Malaysia Balances Innovation and Risk in Regulating Fintech

Innovation in fintech is happening at breakneck speed and for entrepreneurs to be able to thrive and introduce these innovations,

Fintech Malaysia Report 2021 – Fintech Reaches an Inflection Point in Malaysia

It goes without saying that 2020 was a tumultuous year on the back of the pandemic that has unfortunately affected

Crowdfunding

Malaysia Co-Invested RM 165 Million on ECF and P2P Financing Notes through MyCIF

The Malaysia Co-Investment Fund (MyCIF) has co-invested RM165 million in 5,349 Equity Crowdfunding (ECF) and Peer-to-Peer Financing (P2P) campaigns, benefitting

E-Wallets

MyMy Secures BNM’s Conditional Approval for E-Money License; E-Wallet to be Launched Soon

MyMy announced today that it has received conditional approval for a large scheme Electronic Money License from Bank Negara Malaysia.

Blockchain/Bitcoin Funding

Malaysian Founded Crypto Social Media Platform Torum Raises US$ 1.45 Million

Torum, a social media platform specially designed for cryptocurrency users, announced that it had secured US$ 1.45 million during a

E-Wallets Payments

GHL Enables GrabPay E-Wallet Acceptance Across Shell Petrol Stations Nationwide

Payments firm GHL Systems has now enabled GrabPay e-wallet acceptance at Shell petrol stations nationwide in Malaysia in a bid

Various

Finology to Represent Asia at the Seedstars World Competition

Finology, a Malaysian fintech that specialises in enabling seamless lending and insurance for consumers and businesses, announced that it has

Blockchain/Bitcoin

CoinGecko Launches “NFT Spotlight” to Highlight Crypto Artists

CoinGecko, the world’s leading independent data aggregator hailing from Malaysia, is now on a mission to promote art appreciation and

Insurtech

Insurtech Platform Fatberry Raises RM 2.5 Million in Pre-Series A Funding Round

Fatberry, a Malaysian B2C insurance online supermarket, has raised a RM2.5 million (approximately US$600,000) during a pre-Series A funding round.

Crowdfunding

pitchIN Seeking to Raise up to RM 5 Million Funds Through ECF

pitchIN will launch an equity crowdfunding campaign of its own on 19 April 2021 to raise funds for business expansion

Blockchain/Bitcoin Editor's Pick

Luno Reports RM 1 Billion in Digital Assets Under Custody as Bitcoin Prices Skyrocket

Luno, a digital asset exchange in Malaysia approved by the Securities Commission, announced that the company is now managing more

Funding Payments

India’s Pine Labs Acquires Fave for RM185 Million with Plans to Roll Out In India

Payments platform Fave has been acquired today by Pine Labs, an Asian commerce platforms in a deal valued over US$

Blockchain/Bitcoin

Securities Commission Seeks to Block Access to Remitano for Illegally Offering Crypto Services

The Securities Commission Malaysia today issued a statement today saying that they have reprimanded Remitano for operating a digital asset

Banking

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

Banking Cloud

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

E-Wallets Payments

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,

WealthTech

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

Various

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

WealthTech

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

E-Wallets Lending

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

Blockchain/Bitcoin

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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