Fintech News Malaysia
Editor's Pick
5 Interesting New Details in BNM’s New Digital Insurance & Takaful Draft Framework
On Friday, Bank Negara Malaysia (BNM) issued its exposure draft for digital insurance and takaful operators (DITO) for written feedback
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Latest Stories
Adelene Foo Appointed as Managing Director of Grab Malaysia
Southeast Asian superapp Grab has appointed Adelene Foo as Managing Director of Grab Malaysia to succeed Sean Goh, who assumes
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10 Fintechs That Are Transforming SME Lending
Small and medium enterprises (SMEs) are innovative, agile and drive competition. However, they’re often shuffled to the back of the
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Gobi Partners Invests in Malaysia-Based Fintechs Paywatch and pitchIN
Pan-Asian venture capital (VC) firm Gobi Partners announced that it has onboarded two fintech firms to its Gobi Superseed II
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BigPay Revamps App With New Design Powered by Snowdrop
Southeast Asian neobank BigPay has embarked on the first phase of its app enhancements with new design elements and experience
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Maybank Debuts ‘Kill Switch’ Feature for Maybank2u and MAE App
Maybank has introduced the ‘Kill Switch’ feature via Maybank2u (M2U) web and the MAE app as part of its efforts
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Innovative Technology Remedies Almost 100% Of Payment Pain Points in APAC
The Asia-Pacific region, with 13 countries that process US$17.8 billion in digital payments per year, tends to invite issues as
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Shopee’s Parent Company Sea to Create Over 2000 Jobs in Malaysia
Singaporean tech conglomerate Sea announced that it will be creating more than 2,000 in Malaysia as part of its expanded
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HelloGold Shutters Its Consumer Business — Users Have Until 2 Feb to Withdraw Funds
Malaysian-based fintech HelloGold, a savings app that blended gold trading with blockchain technologies, has become the latest casualty of adverse
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Luno Slashes 35% of Workforce as Crypto Fallout Rages On
Luno was the first digital assets exchange to be approved by the Securities Commission in Malaysia, opening the door for
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CIMB Debuts In-App Kill Switch to Suspend Accounts in a Suspected Breach
CIMB Bank and CIMB Islamic Bank has introduced a self-service ‘Lock Clicks ID’ feature which acts as a ‘kill switch’
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Touch ‘n Go Launches CSR-linked Numberless Visa Prepaid Card
Touch ‘n Go Group has partnered with Visa to launch a corporate social responsibility (CSR)-linked numberless prepaid card with a
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The Growing Threat of Cybercrime as a Service to Asia’s Financial Institutions
The growth of internet usage, online banking, and digitalization of financial services has increased cybercrime and cyber criminals’ attack surface.
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Malaysians Can Now Get Mobile Prepaid Top-Ups Directly From the BigPay App
BigPay, a Capital A venture company, has launched the prepaid mobile top-up feature so its Malaysian users can now top-up
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GHL Rolls Out Grab’s BNPL Service PayLater for Physical Stores
Payment solutions provider GHL Systems will continue the rollout of Grab‘s Buy Now, Pay Later (BNPL) service for its in-store
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Will Ablr’s Ethical Approach to BNPL Stand The Test of Time?
”The “Buy Now, Pay Later” (BNPL) phenomenon has taken the world by storm. The concept is simple: customers can purchase
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Insurtech Startup Ouch! Raises Pre-Series A, Eyes Digital Takaful License
Ouch!, a tech-enabled insurance platform has announced a fully subscribed six figures pre-series A round and is set to continue
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Thai Unicorn Launches its TrueMoney E-Wallet in Malaysia’s Crowded Market
TrueMoney, a payments player and a subsidiary of Ascend Money announced today their launch in Malaysia. During their press event,
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Fave Offers Cashback Loyalty Programme for 18 Million Touch ‘n Go eWallet Users
Southeast Asian payments platform Fave has partnered with Touch ‘n Go Group’s TNG Digital to launch a loyalty programme and
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Tune Protect Gets Approval for BNM Sandbox
Tune Protect Group announced that its wholly owned subsidiary Tune Protect Ventures (Tune Protect Life) has received Bank Negara Malaysia’s
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Boost Rolls Out Merchant B2B Wallet With Limit of up to Half a Million
Axiata Group’s fintech arm Boost announced that it has launched its Merchant B2B Wallet with a limit of up to
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Indonesian Payments Unicorn Xendit Officially Expands to Malaysia
Indonesian fintech unicorn Xendit announced that it has officially made its entry into the Malaysian market to offer its payment solution
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MoneyLion’s Malaysian Co-Founder Foong Chee Mun Steps Down as CTO
Foong Chee Mun announced in a LinkedIn post that he will be stepping down as the Chief Technology Officer of
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Revenue Group Names Former GHL Top Exec Danny Leong as New Group CEO
Payment solutions provider Revenue Group announced that it has appointed Danny Leong Kah Chern as its Group Chief Executive Officer
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Gary Yeoh Joins PayNet as CCO After Hops at Fave and Atome
Malaysian payments network and infrastructure provider PayNet has appointed Gary Yeoh as its new Chief Commercial Officer. The new appointment
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The Story of Sugar: Why a Company Pivoted from Buy Now Pay Later to Save Now Buy Later
Buy now pay later, or BNPL, solutions have recently gained traction. These solutions allow customers to purchase items and pay
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SC’s Deputy CEO Steps Down; Two New Managing Directors Appointed
The Securities Commission Malaysia (SC) today announced the appointment of Kamarudin Hashim and Datin Azalina Adham as its new Managing
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Top 5 Stories That Shaped Malaysia’s Fintech Scene in 2022
2022 was set to be a transformative year for the fintech space in Malaysia. The long-awaited reveal of the five
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OCBC Malaysia Rolls Out Kill Switch Available 24/7 to Combat Rising Scams
OCBC Malaysia has beefed up its security measures by introducing a kill switch that will enable its customers to immediately
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Five Key Takeaways From the Temenos Regional Forums in Asia Pacific
The Asia-Pacific financial sector is undergoing rapid transformation. Consumers’ expectations have significantly increased as a result of the digital revolution
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MyStartr’s Ongoing Crowdfunding Campaign on Alta Raises RM1.9 Million
Malaysian equity crowdfunding platform MyStartr has launched its own crowdfunding campaign on its counterpart’s platform Alta, formerly known as Fundnel.
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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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