Fintech News Malaysia

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HelloGold Expands Blockchain Gold-Savings Platform into Africa

Gold-based savings platform HelloGold has announced their expansion into Africa, with the help of a digital financial inclusion group Baobab as

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MyCash Online Expands Remittance Service to Australia

MyCash Online is a marketplace designed to help the massive swaths of migrants in Malaysia and Singapore that do not have

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Boost E-Wallet’s CEO Chris Tiffin Steps Down

Last Friday, Boost’s CEO Chris Tiffin announced the end of his tenure as Boost Malaysia’s CEO. He has held that

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Silicon Valley Payments Darling Arrives in Malaysia

In a tweet by Silicon Valley-based Stripe’s CEO, Patrick Collison, he seemed to confirm that the company has commenced with

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The Dark Side of Malaysia’s Quest into a Cashless Society

It’s no secret that Malaysia is gung-ho about cashlessness. Bank Negara Malaysia itself expressed as much, within the policies and guidelines

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SC Finally Reveals its Anticipated Regulations for Crypto Exchanges

January has been no picnic for Malaysia’s crypto-exchanges, with the possibility of RM10 Million fine and 10 years jail time looming

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CIMB’s Trump Card for the Philippines is a Neo-Bank Inspired Strategy

CIMB just announced its formal expansion into the Philippines, and seemingly taking advantage of the blank slate there to launch

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Sydney Startup Hub: What Malaysia Can Learn from Australia’s Mega-Hub

Recently I had the pleasure of joining the ASEAN Tech Challenge which was organised by The Australian Trade and Investment

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Malaysia’s Blockchain Industry Responds to SC’s Stance On Crypto

They say it’s always darkest before the dawn. That is just an enigmatic way to say that industry confusion is

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Suprisingly, Malaysia Outperforms China in Government E-Payment Adoption

When one thinks about the most advanced countries in the world in the payments space, countries like China, Sweden and

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88% of Malaysians Believe That New Fintechs Are as Trustworthy as Traditional Banks

Ten years away from the global financial crisis and in the aftermath of the 1MDB scandal, consumer confidence in Malaysia’s

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SC Malaysia Clarifies: A Crypto-Asset is Only A Security if Used in Specific Ways

Due to confusion that has come out regarding cryptocurrency within the past few weeks, the Securities Commission Malaysia has invited

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SC Imposes Deadline For Crypto Exchanges Before They are Deemed Illegal

The issue of digital currency and assets regulation came into mainstream focus when Finance Minister Lim Guan Eng announced that Order

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Zurich Partners up with Malaysian Startup to Provide Afterlife Planning to Customers

Zurich Malaysia just partnered up with Malaysian startup Bereev, an online legacy platform aiming to help Malaysians plan for their

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PitchIN Owns 75% of The Equity Crowdfunding Market in 2018

At the pitchIN ECF Report 2018, CEO Sam Shafie revealed that the company has retained their position as the leading

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4 Big New Features You Can Expect from Your E-Wallets in 2019

PayNet Malaysia handles much of the underlying network for payments and banking in Malaysia. Owned by both Bank Negara Malaysia

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SC Provides Update on LGE’s Digital Currencies and Tokens Announcement

Following the statement by the Minister of Finance YB Lim Guan Eng on the coming into force of the Capital

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LGE: RM10 Mil Fine & 10-Year Jail Time for Crypto-Exchanges Operating Without License

Finance Minister Lim Guan Eng announced that Order 2019 would be effective starting from Tuesday (15th January 2019). This means

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After Horse Currency, Now Country Heights’ New Project Is the Unicorn Wallet for Crypto

Following the announcement of Dato’ Lee Kim Yew’s Horse Currency meant to serve as something of a rewards programme for Country

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Alipay Powers Blockchain Remittance Service Between Malaysia and Pakistan

Telenor Microfinance Bank, in partnership with Valyou Malaysia, has introduced a blockchain-based cross-border remittance service, developed by Alipay, the online

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Why an Overhaul in Cyber Security Mindset is Crucial for Banking

In an increasingly connected world the need for a robust cyber-security in the banking sector is more important today than

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Digi and Mastercard Working Together on Digital Payments Card for Launch Early 2019

Digi, with Mastercard serving as the technology partner will offer a digital prepaid card—to be released for public use sometime in

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After Blockchain, MyEG Diversifies into E-Wallets

Following their recent announcement of launching PayMe a blockchain based payroll solution, MyEG revealed that they will be unveiling a

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Malaysia is a Leader in Islamic Finance, But Why Not Islamic Fintech?

Malaysia was named a leader in Islamic finance, producing 26% of the world’s Shariah-compliant financial assets by the end of 2017—amounting

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5 Underdogs in The Malaysian Fintech Scene That Deserves Your Attention

In the past we’ve done several listicles highlighting the top funded fintech companies to the hottest fintech startups to watch. While

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DuitNow Now Available to 17 More Banks

An additional 17 banks and non-banks will soon launch the DuitNow service as well. Customers wishing to receive DuitNow fund

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5 Key Trends That Have Emerged in Malaysia’s Banking Scene in 2018

Renowned cosmologist Carl Sagan once said, “You have to know the past to understand the present.” A statement that rings

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