Setlary, Malaysia’s leading Earned Wage Access (EWA) platform, today announced a strategic investment round valuing the company at RM 100 million. The funding, led by Lion X and Holborn Capital Partners, will be used to accelerate Setlary’s regional Asian expansion into new markets and enhance its comprehensive financial wellness platform. Alongside the new strategic investors, CapBay will also provide additional funding firepower given its unique access to alternative capital. Collectively, the group of investors will provide a funding capacity of up to USD 25 million to grow and scale up Setlary’s customer portfolio. This investment directly addresses the growing demand…

J&C Pacific Sdn Bhd (J&C Pacific), a leading Malaysian innovator in AI-driven retail marketing and digital redemption platforms, today announced a strategic collaboration with YTL AI Labs Sdn Bhd, the developer of ILMU, Malaysia’s first world-class multimodal sovereign AI model. This collaboration marks a significant milestone in integrating locally developed artificial intelligence technologies into Malaysia’s retail and FMCG engagement ecosystem through GiftsMart™, J&C Pacific’s PIKOM Digital Excellence Awards 2025 in Software Innovation winning platform. At the heart of this partnership, ILMU will serve as the official AI engine powering the GiftsMart platform, equipping it with advanced language, vision, and multimodal…

TBCASoft, developer and operator of the HIVEX® cross-border payment framework, today announced the launch of a landmark cross-border mobile payment initiative enabling Weixin Pay (WeChat Pay) users to make QR code payments at PayPay’s merchants in Japan. This collaboration marks a major step forward in HIVEX’s mission to connect leading mobile wallets globally and deliver a frictionless payment experience for international travelers. In collaboration with HIVEX, Weixin users that travel to Japan can now pay directly at millions of PayPay merchants by scanning PayPay’s QR code stand – without currency exchange or additional app downloads. The service is expected to…

TBCASoft, the U.S.-based on-chain finance innovator and the creator of the HIVEX® Network, announced a strategic MOU (“Project HIVEX® StableLink”) with StraitsX, a licensed Major Payment Institution (MPI) based out of Singapore and issuer of the XSGD and XUSD stablecoins. This collaboration marks a major leap forward in delivering scalable, blockchain-powered, cross-border payments that will utilise regulated stablecoins for instant FX and settlement finality, bringing significant cost-efficiencies to our network partners – mobile users, issuers, acquirers and merchants. Under this collaboration, StraitsX will integrate with the HIVEX® Network, a next-generation international mobile payment solution. Project HIVEX® StableLink aims to connect…

J&C Pacific Sdn Bhd (J&C Pacific), a leading innovator in AI-driven retail marketing solutions, has entered into a strategic collaboration with Payments Network Malaysia Sdn Bhd (PayNet), the national payments network and the operator of the MyDebit scheme, to modernise the way FMCG campaigns are executed in Malaysia. At the heart of this collaboration is GiftsMart, a proprietary AI-powered redemption platform developed by J&C Pacific. Designed to automate and digitise the entire consumer promotion journey from receipt submission to eligibility validation and gift fulfilment, GiftsMart offers brands a smarter, faster, and more transparent way to engage with their customers. “This…

Rankpage, a pioneer in advanced search strategy, has officially been recognised as Malaysia’s leading SEO agency of 2025, thanks to its early adoption of Gemini AI and globally competitive SEO capabilities. With over 8 years of hands-on SEO experience, Rankpage has built a strong reputation for combining algorithm expertise with real-world marketing impact. Their vision? To become Asia’s leading AEO & SEO agency. As search technologies evolve, particularly with the rise of AI-generated results and Google’s Search Generative Experience (SGE), Rankpage continues to help businesses turn visibility into measurable outcomes. We aim for both top rankings and long-term brand trust.…

Provenir has announced that its AI decisioning platform will support Ryt Bank’s credit risk assessments, personalised loan approvals, and automated compliance checks. Ryt Bank, developed by YTL Digital Bank Berhad with backing from Sea Group, positions itself as Malaysia’s first AI-powered digital bank. The bank received its digital banking licence in December 2024 and is currently onboarding users through a public waitlist, with full operations yet to begin. The platform will form a key part of Ryt Bank’s AI-first strategy, enabling faster loan decisions and tailored customer offers based on AI-generated insights. It will also support compliance automation and adapt…

Ria Money Transfer (“Ria”), a subsidiary of Euronet Worldwide that specialises in remittances, has received approval from the Department of Labour Peninsular Malaysia to disburse digital wages to migrant workers via the Ria Wallet. The initiative is part of Ria’s Payroll Management System and is supported by a Prepaid Card Program developed in collaboration with Mastercard. The program offers an omni-channel solution to employers who may face challenges with conventional banking access, helping them manage payroll in a secure and compliant way. The Ria Wallet allows users to deposit funds, pay bills, withdraw cash from ATMs, and make both domestic…

With 22 years’ experience providing financial services across major regions of the world, Deriv has announced the launch of BeSquare, a unique tech graduate trainee programme for IT professionals. The 6-month long programme will be hosted at Deriv’s new premises at Quill 5 building in Cyberjaya, Malaysia, starting July 2021. A Trainee Programme for Real World Experience “We have carefully designed and structured the curriculum to provide a holistic experience of learning IT skills through real-world scenarios. We look forward to helping talented individuals learn from our highly experienced IT teams, with wide experience in global fintech services,” stated Shyamala…