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CapBay Raises US$ 20 Million Series A with KK Fund as Returning Investor

CapBay, a Malaysian P2P supply chain financing platform, announced that it has raised US$ 20 million in its Series A

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TNG Digital Reportedly Seeking to Raise US$150 Million

TNG Digital, the e-wallet operator that was formed as a result of a joint venture between CIMB Bank and Ant

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Buy Now Pay Later Platform Split Has Processed RM 10 Million in Transactions

Split, a Malaysian Buy Now Pay Later (BNPL) platform, announced that it has processed RM 10 million in transactions for

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GHL Ties up With Loanstreet to Offer Online Road Tax and Insurance Renewal

Payments firm GHL has expanded its service offerings to include road tax and vehicle insurance renewal service with a recent

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Touch ‘n Go First E-Wallet to be Approved by SC to Offer Investment Products

Touch ‘n Go (TNG) Group’s subsidiary TNG Digital Sdn Bhd (TNGD), has emerged as the first e-wallet to be granted

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P2P Lender microLEAP Receives RM3.25 Million Funding From MAA Group

microLEAP, Malaysian platform that offers both Islamic and Conventional Peer-to-Peer (P2P) financing, announced a successful RM3.25 million funding round, made

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Huawei and IDC’s Banking Resilience Index Uncovers How FIs Responded to COVID-19

A new whitepaper by Huawei and the International Data Corporation (IDC) looks at how banks around the world have responded

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Soft Space Deepens Push into Japanese Market with GMO Partnership

Malaysian fintech startup Soft Space has announced that it has partnered with GMO Financial Gate (GMO-FG), a Japanese payment service

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Providing Financial Services to Malaysia’s Invisible Population

Financial inclusion has been the rallying call for many fintechs, but with Malaysia’s high banked population of over 90%, what

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Financial Services Need to Reinvent Itself for Malaysia’s Growing Gig Economy

In Malaysia, the gig economy has been growing rapidly, especially at a time when the COVID-19 pandemic is forcing people

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Financial Institutions Turn to Huawei’s Converged Data Lake Solution to Accelerate Banking Innovation

Like many other areas of the economy, the financial services sector is undergoing a data revolution. Every day, the global

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Bank Negara Malaysia To Issue up To 5 Digital Banking Licenses in 2022

Bank Negara Malaysia issued on 31st December 2020 the much anticipated digital banking framework, which followed a six month public

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Year End Message to Our Readers – Offline from 24th December to the 3rd January

Fintech News Malaysia would like to take this opportunity to wish all our readers a Merry Christmas and a very

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How Data Privacy Affects Engagement in Financial Services

It may be a challenge for brands in highly-regulated spaces, but meeting customer expectations is both possible and essential. To

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How to Get Customer Messaging Right in Financial Services

If fintech brands aren’t mindful of today’s looming threats, they may find themselves losing out not just to banks, but

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CapBay Crosses the RM100 Million Mark With Its P2P Financing Platform

CapBay, a Malaysian P2P supply chain financing platform, has provided RM 100 million in funding across 500 investment notes on

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5 Top Stories That Shaped Fintech in Malaysia in 2020

When we entered into 2020 not a single one of us anticipated for it to play out the way that

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eKYC Startup WISE AI Receives Funding From Sunway’s Venture Firm Sun SEA Capital

WISE AI, a startup providing eKYC and digital identity solutions, has raised an undisclosed amount of funding from Sun SEA

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AIA Begins Regional Tie Up with ZA Tech in Malaysia

AIA Group has announced a regional strategic digital technology partnership with ZA Tech, a tech venture founded by Chinese digital

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360F and FI Life Launches Personalised Advisory for Insurance and Investment Plans

Singapore-based fintech company 360F and Fi Life, a Kuala Lumpur-based insurtech, have collaborated to introduce the new 360-NeedsProfiler to the

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3 Big Customer Engagement Drivers for Financial Services

In financial services, the growing number of fintech startups and incumbents’ late-to-the-game focus on technology has led to some of

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Bursa Malaysia and Hashstacs Complete Pilot for Blockchain Bond Platform

Blockchain development company Hashstacs (STACS), announced that it has completed the blockchain proof-of-concept (POC) with Malaysia’s national stock exchange, Bursa

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Huobi is Not Authorised to Offer Crypto Exchange Services in Malaysia Outside of Labuan

Huobi recently announced that as a “localized digital asset exchange for the Malaysian market” they have launched their service to

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11 Fintechs Join MDEC’s Digital Financial Services Marketplace eBerkat

MDEC has collaborated with eleven fintech firms to ” further promote the financial health of B40 communities and SMEs “.

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Global Ecosystem for Digital Transformation in the Financial Sector

COVID-19 has speeded up digital transformation by several years. According to a new McKinsey Global Survey of executives, companies across

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Ping An’s Technology Arm OneConnect Expands to Malaysia

Ping An’s technology arm OneConnect announced today its expansion to Malaysia. In Hong Kong, One Connect is among the entities

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TransferWise Malaysia Enables Money Transfer to China Through Alipay

TransferWise announced today the expansion of their international money transfer service for customers in Malaysia who can now receive remittances

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Luno Claims Crypto Exchange Top Spot in Malaysia with RM 827 Million in Transactions

Luno, the first Securities Commission-approved digital asset exchange in Malaysia, announced today that the company has processed over RM 827

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MoneySave Completes P2P Crowdfunding in 95 Seconds for Malaysian Online Grocer

MoneySave, a local peer to peer (P2P) crowdfunding platform, announced that they have achieved what they claim to be the

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Huawei Pay Now Available in Malaysia

Huawei announced that its mobile payment service, Huawei Pay, is now available to its Malaysian users. The same service was

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