FintechNews Malaysia

Fintech News Malaysia

EDITOR’S PICK

Banking Digital Transformation

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

Banking Digital Transformation

OCBC’s Fintech Innovation Arm The Open Vault Now Opens in Malaysia

The Open Vault, the FinTech and Innovation unit of OCBC Bank has been officially unveiled in Malaysia. Back in its

Blockchain/Bitcoin

Securities Commission and Bank Negara Working to Bring ICOs Under Securities Law

To implement the regulatory framework on digital assets—be it tokens or cryptocurrency—the Bank Negara (BNM) and the Securities Commission Malaysia

Banking

CIMB Takes Vietnam More Seriously with a Second Branch and New Mobile App

CIMB Bank unveiled its first Digital Lounge in Ho Chi Minh City (Saigon), along with the OCTO by CIMB mobile

Various

Jirnexu, Malaysia’s Top Funded Fintech Gains Another RM41.7 Mil

Jirnexu just received a US$10 million in its second Series B investment (RM41.7 million), bringing its total funding up to

Various

Supercharger to Launch Fintech Academy in Bukit Jalil with Asia Pacific University

During the announcement of Supercharger’s second Malaysian cohort, the organisation also announced the creation of a fintech specialisation that will be

Various

Golden Gate Ventures Launches Malaysian Office With a RM 75 M Fund

Golden Gate Ventures, today announced the opening its Malaysian office in Kuala Lumpur. Having already utilised a quarter of its

Blockchain/Bitcoin

6 Crucial Things You Should Know About Country Heights’ Coming ICO

Earlier this month, Country Heights received the green light from their investors to pursue an ICO, which for now is

Malaysia Payments

Petronas Customers Can Now “Setel” Petrol Payments With The Tap of an App

Petronas just announced the launch of Setel, an e-payment solution geared towards fuel purchases directly from mobile devices. The app

Payments

Western Union Expands International Money Transfer Services to Malaysia

Western Union has launched online money transfers in Malaysia, where recipients can opt to cash out digitally, or at cashout

Blockchain/Bitcoin

This is Project Castor, Securities Commission Malaysia’s New Blockchain Blueprint

One year ago , Securities Commission Malaysia embarked on their blockchain pilot project in the unlisted and Over-the-Counter (OTC) markets.

Lending

The Home Buying Process is Broken, Here’s How a Malaysian Fintech is Trying to Solve it

The current property buying process in Malaysia is broken. Let’s say you want to purchase a property, you usually begin

Lending

Mudah.my Will Be Offering Personalised Loans On Its Marketplace Soon

Between insurance to credit card comparison sites, the realms of e-commerce have long gone beyond just Singles Day sales and

Various

Flying Malaysia’s Flag High, MoneyMatch Clinches Award at Singapore Fintech Festival

MoneyMatch was recognised as one of three winners for the ASEAN SME category of the SG FinTech Awards in conjunction

Blockchain/Bitcoin

CIMB Becomes the First Malaysian Bank to Join Ripple’s Network

CIMB Group and Ripple have entered into a strategic collaboration to enable instant cross border payments across its various markets.

Crowdfunding

Singaporean Fintech Fundnel Becomes 7th ECF Platform Approved in Malaysia

Singapore-based equity crowdfunding platform Fundnel has expanded to Malaysia. The announcement follows Fundnel’s appointment as a Recognised Market Operator by

Banking Digital Transformation

TM ONE Plays Host to UK Artificial Intelligence Trade Mission

Telekom Malaysia Berhad, through its business solutions arm, TM ONE, recently hosted an Artificial Intelligence Trade Mission from the UK

WealthTech

StockBit Aims to Level the Investment Playing Field with Their Social Fintech App

The information gap between financial investors in the capital market can create an unfair game of lottery for those who

Lending Malaysia

FundMyHome is Fine, It’s Just Mismarketed

Of all of Budget 2019’s announcements, its peer-to-peer homeownership section has been the product of biggest contention. The FundMyHome scheme,

Blockchain/Bitcoin

Budget 2019: Securities Commission Malaysia to Regulate ICOs in 2019

During the Budget 2019 speech, YB Lim Guan Eng, Finance Minister, stated that Securities Commission Malaysia will be coming up

WealthTech

StashAway is The First Robo-Advisor The SC Has Approved for The Malaysian Market

Singaporean company StashAway has arrived in Malaysia, bringing their artificial intelligence-enabled investing platform here. Basically, instead of having to pay