Posts From Fintech News Malaysia
Fintech Frontiers Conference to Feature Visionaries, Policymakers, and Investors
The highly anticipated Fintech Frontiers Conference Malaysia 2023 is poised to kick off on 5 October 2023, at Connexion Nexus in Bangsar South. This highly anticipated gathering orchestrated by Fintech News Malaysia, has garnered strong support from industry leaders, including
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Malaysia Debt Ventures Plunges into IEO Market with Investment in KLDX
Malaysia Debt Ventures (MDV) and Kapital DX (KLDX) has signed an investment agreement for an undisclosed amount as part of the latter’s fundraising efforts. MDV is a subsidiary of the Minister of Finance and an agency under the purview of
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A Smarter Way for Corporate Banking Authentication
In the wake of the pandemic that struck in 2020, businesses have been severely affected. A study by the World Bank found that one-quarter of businesses saw their sales fall by 50%. Today, three and a half years later, businesses,
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SC and SME Corp to Boost MSMEs’ Access to Capital Market Financing
The Securities Commission Malaysia (SC) and SME Corporation Malaysia will collaborate to ease micro, small and medium enterprises’ (MSMEs) access to capital market financing. The three-year MoU signed by both parties aims to build a strong pipeline of capital market-ready
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pitchIN Academy Officially Launches to Educate Founders and Investors
Equity crowdfunding platform (ECF) pitchIN has launched the ‘pitchIN Academy’ that will serve as its educational arm. The academy is headed by Hanif Tamin, who previously served at SME Corp. The academy aims to offer practical and easy-to-understand educational programmes,
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KWAP to Invest RM500M in VC Funds and Early-Stage Startups
Kumpulan Wang Persaraan (KWAP), Malaysia’s pension fund, has launched a RM500 million fund called Dana Perintis to boost the country’s venture and startup ecosystem. KWAP said it will invest RM250 million in VC funds focused on Malaysia, ranging from accelerators
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Thought Machine’s Modern Core Enables Nikel to Close the Small Business Credit Gap
Thought Machine, a cloud-native banking technology company, has empowered Nikel, a fintech startup that unlocks credit for millions in Southeast Asia, to streamline its lending process and develop new products more quickly. Founded in 2018, Nikel which rebranded from Impact
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Finology Closes Pre-Series A to Accelerate Embedded Finance Growth
Finology Group, a Malaysian fintech that enables embedded finance, announced that it has closed its pre-Series A funding round. Details of the fundraise was not disclosed. Led by Silverlake Group, the funding round was also joined by The Hive Southeast
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AIA Welcomes Former BNM Governor Shamsiah Yunus to Its Board
AIA Group has appointed Shamsiah Binti Mohd Yunus as an independent non-executive director, with effect from 21 September 2023. She will also be a member of AIA’s Nomination Committee. Shamsiah, aged 59, currently serves as the Chancellor of International Centre
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Wise Becomes First Non-Bank in Malaysia to Offer Apple Pay and Google Pay
Online money transfer service Wise has enabled its Malaysian customers to add its card to Apple Pay or Google Pay on their iOS or Android devices. Wise claims to be the first non-bank in Malaysia to do so. Users will
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