Posts From Fintech News Malaysia

Luno Announces Partnership With Shopee

Luno and Shopee announced a new partnership today signaling the first such collaboration between an e-commerce player and a crypto platform in Malaysia. As a result of this collaboration, Malaysians now have access to deals, discounts, and vouchers on Shopee

Read More

Cyberjaya is The First City to Adopt Malaysia’s National QR Payment Standard DuitNow QR

Finance Minister Lim Guan Eng today launched the Cashless Ecosystem for Cyberjaya, a collaboration between Cyberview and PayNet. In a media statement issued to Fintech News Malaysia, Najib Ibrahim, Managing Director of Cyberview shared that Cyberjaya will be the first

Read More

Tranglo to Power WeChat Pay’s Remittance in Hong Kong

Fresh off securing a global cross-border remittance partnership with AliPay, cross border payment specialist Tranglo announced today the support for WeChat Pay Hong Kong’s users to send money to Indonesia and the Philippines. Mobile and electronic payment services in Hong

Read More

KATSANA’s DriveMark Moves Towards Introducing Usage Based Insurance

DriveMark®, a subsidiary under KATSANA announced the pilot launch of  “Safe Driving Rebate Program” with the support of Etiqa Insurance and Takaful Ikhlas General Berhad. Intended as a precursor to a full-fledged usage based insurance, the pilot is expected to

Read More

Tranglo Enters Global Cross-Border Remittance Partnership with Alipay

Tranglo through its Singaporean entity has entered into a partnership with Alipay to provide cross border remittance services The company said the deal marked a significant milestone in the company’s history, as it enters a collaboration for the first time

Read More

Funding Societies Optimistic that P2P Financing will Reach RM 1 Billion This Year

2019 was a strong year for Malaysia’s peer-to-peer (P2P) financing industry as total financing increased to RM521 million cumulatively and is expected to continue to thrive in 2020 with RM 1 billion in total financing, according to Funding Societies Malaysia.

Read More

GHL Powers E-Wallet Acceptance with 750 Retailers Across Sunway’s Malls

Sunway Malls announced yesterday the adoption of a Unified Payment Terminal which accepts cashless payments from major e-wallets, debit cards, and credit cards. Sunway Malls has seen over 750 of its retailers utilise cashless payments, and the current e-wallet partners

Read More

Touch ‘n Go eWallet Enables Street Parking Payment in Klang Valley

The Touch ‘n Go eWallet announced today that they have enabled street parking payment for areas under the jurisdiction of Kuala Lumpur City Hall (DBKL), Majlis Perbandaran Subang Jaya, Perbadanan Putrajaya, Majlis Daerah Kuala Langat Selangor and Majlis Perbandaran Kota

Read More

UOB Finlab’s Jom Transform Programme Sees 30% Increase in Productivity for its SME Cohort

UOB Malaysia and Finlab announced Wednesday that the SMEs that have completed their Jom Transform Programme are expected to see productivity rise up to 30% through digitalisation Launched in June 2019, The Jom Transform Programme is a business transformation programme

Read More

SoCash’s Latest Partnership to Enable ATM-Free Cash Withdrawals at 10,000 Location

soCash a Singaporean fintech startup that enables users to withdraw cash from retailers, has announced their partnership in Malaysia with Angkatan Koperasi Kebangsaan Malaysia Berhad (Angkasa) to establish ATM free cash withdraw at services operated by Malaysian cooperatives. SoCash’s services

Read More