Fintech News Malaysia

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  • Fintech-Malaysia-Report-2018

Funding Societies: New Expansion Could Help SMEs With Their Cashflow Woes

Funding Societies has announced that they will be launching financial services to complement their usual P2P funding platform—this time targeted

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Accenture: Open Banking in Malaysia Less Comprehensive Than Singapore

Following the rollout of Open Banking regulations in the UK and the launch this year of the EU’s Payment Services

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Soft Space Partners Up With Singaporean Fintech Firm for eKYC and Market Expansion

Depsite having their co-founder recently step-down, Soft Space is showing no signs of slowing down. The payments company widely regarded

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44 Banks Want to Free You From The Hassle of Memorising Account Numbers

Last friday, some of you may have gotten a potentially questionable text from your banks—that your phone number might be

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MoneyMatch Completed Its First Cross-Border Blockchain Transaction with Ripple

Following MoneyMatch’s earlier announcement that they will be embracing Ripple’s blockchain to power their payments in April, the fintech startup

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P2P Lending Player Fundaztic to Raise RM3 Million Through pitchIN

Fundaztic announced that they will be raising RM 3 Million via equity crowdfunding platform, pitchIN — which is the maximum

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BREAKING: Soft Space Co-Founder Leaves To Pursue Other Ventures

It’s official, Chang Chew Soon, co-founder and Group CEO will be stepping down from Soft Space effective 13th November 2018.

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How Malaysia Measures Up To Southeast Asia’s Payments Landscape

According to SKMM, Malaysia’s smartphone penetration grew from 68.7% in 2016 to 75.9% in 2017, and by all measures, will

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MyEG Hops on The Blockchain Bandwagon With Payroll System —Is There a Good Reason?

MyEG recently unveiled their PayMe, a blockchain-based payroll management software. Most of us know MyEG for enabling citizens to pay

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Grab and Fave Teams up To Tackle The Malaysian and Singaporean Market

Grab and Fave announced a strategic partnership for both parties to grow the respective platforms across the region. The partnership

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CIMB Introduces QR Terminal — 6 Major Wallets Accepted

CIMB Bank has introduced Quick Response (QR) Payment Acceptance at CIMB terminals. The bank claims to be first in-market to

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Meet the 43 Cryptocurrency Exchanges in Malaysia Registered with BNM

Bank Negara Malaysia has published the list of cryptocurrency exchanges in Malaysia that has registered itselves as a reporting entity

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OCBC Cardholders Lacking Impulse Control Can Now Limit Purchases At Specific Merchants

Individuals with an OCBC credit card and a lack of impulse control have become the bank’s latest market in their

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Startup Now Ranked Top 5 Funded Malaysian Fintech with Its US$ 3.5 Mil Pre-Series A

Malaysian fintech startup Goals101 through its India-based entity recently secured US$ 3.5 Million in a Pre-Series A round with US-based

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New Digital Finance Innovation Hub By BNM, MDEC and UNCDF to Drive Financial Inclusion

In a tripartite partnership, the United Nations Capital Development Fund (UNCDF), Bank Negara Malaysia (BNM), and Malaysia Digital Economy Corporation

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7 Cool Blockchain Projects Made Right Here in Malaysia

Besides ‘big data’ and ‘artificial intelligence’, the trendy buzzword in tech now is also blockchain, which the collective industry has

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Bursa Listed PUC Unveils Presto Wallet – Will it Survive Malaysia’s Crowded Market?

In a market where there is a lingering fatigue of new e-wallet releases, the ACE Market-listed company, PUC Berhad officially

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Why BNM’s Open API Initiative Could Bring Malaysia’s Fintech into a New Era

Bank Negara Malaysia just released a proposed guideline for Open APIs in Malaysia, and is currently seeking feedback from the public. This

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Meet the 10 Companies Selected for Supercharger’s 2nd Fintech Accelerator Programme

The second edition of the 12-week SuperCharger FinTech Accelerator Programme has begun. Launched at the Securities Commission Malaysia, ten international

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13 Industry Leaders’ Predictions About Where Malaysian Fintech is Headed

SuperCharger, a fintech-focused accelerator operating in KL and Hong Kong have come out with the first of their first Malaysian

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Users Can Finally Pay Tolls with the TNG E-Wallet, but It’s Not Available to Everyone Yet

In Malaysia’s crowded e-wallet space, it is becoming increasingly difficult to carve a niche with each player pursuing similar strategies

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Maybank Launched 3 New Features To Help its 10 Million Users Plan Their Budgets

Maybank announced the launch of their new digital financial planning tool on it’s online banking website, Maybank2u. The new tool

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PolicyStreet Buddies Up With MDEC to Curate Affordable Insurance for Freelancers

KK Fund recipient PolicyStreet announced that they have signed a Memorandum of Understanding (MoU) with MDEC in a bid to

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LaVida Coin Ordered to Cease Activities by Securities Commission

The Securities Commission Malaysia (SC) has issued a notice for Dato’ Vida’s LaVida Coin to cease all promotional activities with

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90% of Affordable Home Loans Are Rejected, So Here’s How Loanplus Aims to Help

There’s a housing crisis in Malaysia, and as of recent years has only grown worse. A contentious study released by

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14 Key Fintech Investors in Malaysia You Should Know About

With a regulator that has been described as open to innovation and disruption, a maturing tech scene,  a mobile-friendly population,

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FAOM Teams Up with RAMCI to Provide Easier Access to Credit Data

The Fintech Association of Malaysia (FAOM) recently signed an MOU with RAMCI. The agreement will see both parties collaborating in

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7 Fishy Things We Noticed When Looking into Dato’ Vida’s LaVida Coin

The LaVida Coin is the latest ICO launched by Datuk Seri Hasmiza Othman or better known as Dato’ Vida, beauty

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Finally, TNG’s E-Wallet Gets Crucial Updates, Can it Stay Ahead of The Competition?

After the disastrous release of a Touch ‘n Go reload app in March, the company returns with a newly updated, fully-fledged

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Malaysians Can Now Link Their Hong Leong Debit Cards to WeChat Pay

Malaysians who own a Hong Leong debit card can now start treating the freshly-launched WeChat Pay as their extended Hong

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