Fintech News Malaysia

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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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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

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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

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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

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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

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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

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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

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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

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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

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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

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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.

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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

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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

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