Fintech News Malaysia
Editor's Pick
What Does it Take to Build a Bank from Scratch?
The digital banking landscape in Malaysia has been undergoing a remarkable transformation since Bank Negara Malaysia issued five digital banking
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Latest Stories
New Qoala Care Plan Offers Extended Coverage for Malaysian Motorists
Southeast Asian insurtech company Qoala has rolled out a new protection plan called Qoala Care, aimed at providing comprehensive coverage
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Malaysians Can Now Donate Insurance Coverage to B40 via Touch ‘n Go eWallet
TNG Digital (TNGD), Allianz General Insurance Company, and Yayasan Prihatin Nasional (PRIHATIN) to empower the underinsured or uninsured individuals, largely
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FAOM and FIDE FORUM Target Fintech Innovation and Governance
The Fintech Association of Malaysia (FAOM) and FIDE FORUM have partnered to enhance fintech awareness among senior banking leaders and
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Touch ‘n Go eWallet Provides 1,000 Points, RM500 Vouchers to eMADANI Claimants
TNG Digital, the operator of Touch ‘n Go eWallet, will offer up to RM100 million in GOrewards points and free
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Malaysians Can Now Download the GXBank for Their First Digibank Experience
GX Bank Berhad (GXBank) has officially launched its digital bank app for the Malaysian public, one of the first Bank
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Norman Vanhaecke Takes Helm as Cradle Fund’s Group CEO
Cradle Fund has announced the appointment of Norman Matthieu Vanhaecke as its new Group CEO, starting 23 November 2023, according
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MAE, Setel, ShopeePay, Touch ‘n Go eWallet to Disburse RM100 in eMADANI Programme
The Malaysian government has allocated RM1 billion to the eMADANI initiative, aimed at benefiting up to 10 million citizens including
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Funding Societies and HDC Join Forces to Boost Halal Business Financing
SME digital financing platform Funding Societies has tied up with the Halal Development Corporation (HDC) to provide Shariah-compliant digital financing
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Airo Launches in Malaysia for Personalised, Affordable Investing From RM50
Malaysian fintech CP Global Fintech Solutions has launched its digital investment platform Airo with the aim to democratise investing in
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Tackling the US$2 Trillion Funding Shortfall for Asia Pacific’s SMEs
Small and medium enterprises (SMEs) are vital in driving economic growth, particularly in developing countries, as they significantly contribute to
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Bursa Malaysia Joins Forces With UN Global Compact Network Malaysia & Brunei
Bursa Malaysia in partnership with the UN Global Compact Network Malaysia & Brunei (UNGCMYB) will work together to develop sustainability-focused
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Navigating APAC’s Financial Transformation for Customer and Competitive Gains
In a region experiencing rapid digitalisation, Asia-Pacific is projected to lead global cashless transaction growth and surpass 50% of the
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Touch ‘n Go eWallet Offers Affordable Health Insurance From RM10 With AIA
TNG Digital has launched Insure360, a comprehensive health insurance center, on its Touch ‘n Go eWallet. This new feature offers
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AmBank’s Visa Credit Card Users Now Have Option for BNPL Payments
AmBank has teamed up with Visa to offer a new instalment payment service to its credit card users in Malaysia.
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iFAST Invests RM150 Million in New Malaysian AI Hub Over Next 5 Years
iFAST Corporation, a digital banking and wealth management platform headquartered in Singapore, has launched its iFAST Global Hub.ai in Malaysia
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CoinGecko Acquires Zash to Enhance Its Crypto Data API
Cryptocurrencies data aggregator CoinGecko has announced its first-ever acquisition of Zash, a company specialising in NFT data infrastructure and intelligence,
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RinggitPay: Redefining Business Payment Operations Through Strategic Partnerships
RinggitPay, a home-grown payment platform, is on a mission to simplify payments for Malaysian businesses and their customers. By offering
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Instant P2P Fund Transfers Now Enabled Between Singapore and Malaysia
The Monetary Authority of Singapore (MAS) and Bank Negara Malaysia (BNM) have unveiled a new real-time payment linkage connecting Singapore’s
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Funding Societies, SME Corp to Disburse RM6M in Financing for Bumiputera MSMEs
SME Corporation Malaysia and SME digital financing platform Funding Societies have launched a new funding initiative called the Bumiputera MSMEs
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GXBank Officially Rolls Out Beta Digital Banking App in Malaysia
GXBank Berhad, the first of Malaysia’s five digital banking licensees to officially commence operations on 1 September, is now the
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SC Grants First Full Digital Asset Custodian License to CoKeeps
CoKeeps announced its launch as a Digital Asset Custodian (DAC), being the first to secure a full license from the
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An Ecosystem Approach to Banking the Underbanked
Reaching Indonesia’s unbanked and underbanked population has been a long-standing challenge for banks. Hindered by numerous factors, including sociocultural diversity,
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Touch ‘n Go eWallet Users Can Now Earn Points for Rewards with GOrewards
TNG Digital has introduced a new loyalty programme called GOrewards for its 21 million Touch ‘n Go eWallet users. The
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Travelers From 7 Countries Can Now Use Their Alipay-Supported E-Wallets in Malaysia
Travelers from eight countries can now use Alipay+ supported e-wallets to make digital payments in Malaysia by scanning PayNet’s DuitNow
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AmBank Taps Jamie Ling as New Group CEO, Succeeding Dato’ Sulaiman
Jamie Ling Fou-Tsong has been appointed as the Group Chief Executive Officer and Chief Executive Officer of AmBank. His appointment
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SC Launches Maqasid Al-Shariah Guidance to Enhance Islamic Capital Market
The Securities Commission Malaysia (SC) has launched a new guidance for the Islamic capital market – Maqasid Al-Shariah Guidance Islamic
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New AWS Region to Launch In Malaysia by 2024 With RM25.5 Billion Investment
The Amazon Web Services (AWS) is expanding its presence in Malaysia by going live with the new AWS Region in
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How Standard Chartered is Redefining Banking in the Digital Age with BaaS
In a keynote address at the Fintech Frontiers Conference, Sammeer, the Managing Director & Head of Consumer, Private and Business
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Are Digital Banks the Catalyst in Making Embedded Finance the New Norm in Asian Finance?
In a dynamic and ever-changing financial landscape, the concept of embedded finance has emerged as a powerful force shaping the
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Former Al Rajhi CEO Oz Reveals His Next Venture at mmob
UK-based embedded services provider mmob Ltd today announced that Arsalaan (Oz) Ahmed will join as its Executive Chairman. Oz had
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Meet the 56 Cryptocurrency Exchanges in Malaysia Registered with BNM
Update: As of March 2019, all cryptocurrency exchanges operating in Malaysia needs to be regulated by Securities Commission Malaysia.
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Top 20 Malaysian Fintechs in 2020
It’s been nearly 3 years now since we last highlighted the best fintech startups that Malaysia has to offer. Since
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3 Cryptocurrency Exchanges Granted Conditional Approval from Securities Commission Malaysia
Following the finalisation of the regulatory framework for cryptocurrency exchanges in Malaysia, Securities Commission Malaysia announced today that it has
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Fintech Malaysia Report 2019 — How is Malaysia’s Fintech Scene Doing?
In 2017, we started Fintech News Malaysia with a simple goal — to help shine the spotlight on deserving fintech
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Fintech Malaysia Report 2018 – The State of Play for Fintech Malaysia
Note: We’ve update this report, the 2019 edition of the Fintech Report can be found here Following last year’s
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Alixco Targets Investors from South East Asia and Europe to Widen its Base
Alixco, a P2P financing platform regulated by the Securities Commission of Malaysia announced today that it is opening its platform
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Here are 5 of The Best E-Wallets in Malaysia (in My Opinion)
You may remember me as the person who complained about e-wallets last year, and later, complaining again about Malaysia’s drive
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BigPay is The Latest to Join PayNet’s Universal DuitNow QR
BigPay, announced today its participation in the DuitNow eco-system operated by Payments Network Malaysia (PayNet). BigPay users will soon be
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Here Are All The Digital Banking Contenders in Malaysia (So Far)
Editor’s Note: This article was first written on 29th June 2021, was last updated at 11:00 am 5th August 2021
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