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Payments

Malaysia and Thailand Announces Cross Border QR Payments

Bank Negara Malaysia (BNM) and the Bank of Thailand (BOT) today launched a cross-border QR payment linkage between Malaysia and

Virtual Banking

BNM Tells Lobby Groups to Respect the Digital Bank Licensing Process

During a Fintech Fireside Asia chat session organised by Fintech News Malaysia today, Suhaimi Ali, Director of Innovation and Development

Various

MDEC Appoints Ruslena Ramli as Director of Fintech and Islamic Digital Economy

The Malaysia Digital Economy Corporation (MDEC) announced the appointment of Ruslena Ramli as its Director of Fintech and Islamic Digital

Crowdfunding Funding

pitchIN Secures RM 5.5 Million Through Its Own Equity Crowdfunding Campaign

pitchIN, a Malaysian equity crowdfunding platform (ECF), announced that it has concluded its very own equity crowdfunding campaign on Leet

Funding Insurtech

Digital Pet Health Insuretech Oyen Nets Over RM 1.7 Million in Seed Funding

Oyen, a digital-first pet healthcare insurance provider based in Malaysia, has raised US$420,000 in a seed funding round. The fundraise

Lending

IOUpay Touts Market Leadership for Months Despite Only Launching BNPL Solution Today

Australia Stock Exchange (ASX) listed IOUpay announced today the official launch of its Buy Now, Pay Later (BNPL) service, myIOU.

E-Wallets

In A Nutshell: Bank Negara Malaysia’s New E-Money Policy Draft

The Exposure Draft of the Policy Document on Electronic Money (e-Money) (‘Draft’) is a solid 81 pages of document that

Insurtech

myTukar Ties up With PolicyStreet.com to Offer Insurance for Pre-Owned Cars

myTukar, a Malaysian pre-owned car buying and selling platform, has announced a partnership with local insurtech firm PolicyStreet.com to offer

E-Wallets

Merchantrade Rolls Out Payroll Solutions for Underbanked Plantation Workers

Merchantrade Asia, a digital money services business operator and e-money issuer, has partnered with palm plantation management solutions provider LintraMax

Lending

Funding Societies Disbursed RM1 Million in Financing for Foodpanda’s Merchants

Southeast Asian SME digital financing platform Funding Societies has announced a partnership with Foodpanda to offer short-term digital financing solutions

Innovation

To Become Digital Leaders, Banks Must Foster a Culture of Innovation — Here’s How

For banks, becoming digital leaders takes more than a stylish mobile app interface and a shift in the organisational structure;

E-Wallets

GrabPay Now Available Nationwide via DuitNow QR

GrabPay, the in-app wallet of superapp Grab, announced that it has recently rolled out the GrabPay DuitNow QR feature across

E-Wallets WealthTech

Touch ‘n Go’s Wealthtech Offering GO+ Has Over a Million Users Already

Touch ‘n Go Group today announced that its GO+ users have surpassed the 1 million mark in just over two

Virtual Banking

Pertama Digital’s Bizarre Choice for a Digital Banking Consortium

Last week, Bursa-listed Pertama Digital announced alternative financing operator Crowdo as its first consortium partner for its digital banking bid.

Crowdfunding

ECF Platform Ata Plus Appoints Malaysian Fintech Association’s President as COO

Ata Plus, an equity crowdfunding (ECF) platform and Recognised Market Operator (RMO) registered with the Securities Commission Malaysia, announced the

Banking Fintech Opinion Leader

Banking Consumers Want Financial Empowerment, Not Just Apps

Consumers don’t just want shiny apps and digital banking, they want to feel that their bank is a partner who

Virtual Banking

Boost to Hold 60% Equity in Axiata and RHB’s Digital Bank Bid

Axiata and RHB today confirmed market rumours that have been floating around for months that they are in talks to

E-Wallets

Merchantrade Selects IDEMIA for its Digital Onboarding Solution

IDEMIA, a solutions provider in the Augmented Identity space, has been selected by Merchantrade a Money Services Business Operator and

Blockchain/Bitcoin Editor's Pick

How CoinGecko Grew from a Side Project to Serving 10 Million Users

Malaysian startup CoinGecko started out as a side project back in 2014 but has since grown into one of the

Islamic Fintech

Securities Commission, UNCDF Rolls Out Islamic Fintech Accelerator Programme

The Securities Commission Malaysia (SC) and the United Nations Capital Development Fund (UNCDF), through its Center for Financial Health programme,

Lending

Carsome Ties up With Aspirasi to Offer Data-Driven Financing for Used Car Dealers

Southeast Asian integrated car e-commerce platform Carsome, has entered a partnership with Aspirasi, the micro-financing and micro-insurance provider under Axiata

Lending

Axiata Digital Acquires Majority Stake in Indonesian P2P Lending Operator

Boost Holdings Sdn Bhd, Axiata Digital’s fintech holding arm announced today a 68.75% equity acquisition into Indonesia’s, PT Creative Mobile

Insurtech

Finology Crowned Winner of This Year’s Seedstars World Competition

Finology, a Malaysian fintech that specialises in enabling seamless lending and insurance for consumers and businesses, was crowned as Seedstars

Lending

GHL Enables Grab’s BNPL Solution PayLater for Its Online Merchants

GHL Systems announced that the “buy now, pay later” (BNPL) feature PayLater by Grab will be available to its selected

E-Wallets

GrabPay Excluded in Malaysia’s Latest RM 300 Million E-Wallet Credit Programme

The RM300 million eBelia programme, one of the initiatives announced by the Ministry of Finance (MOF) under Budget 2021, will

Various

Fintech Association of Malaysia Names Its First Female President

The Fintech Association of Malaysia (FAOM) hosted its fourth Annual Grand Meeting (AGM) virtually in which the association elected Karen

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

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