Posts From Fintech News Malaysia

Green Packet Snaps up Majority Stake in Payment Processing Firm, T-Melmax
Various

Green Packet Snaps up Majority Stake in Payment Processing Firm, T-Melmax

Green Packet announced its acquisition of 51% majority stake in T-Melmax, a payment processing technology company owned by Censof Holdings, which specialises in financial management software solutions. The move is said to fill the gap in the market for SMEs,

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Razer and Funding Societies Team up to Offer Merchants P2P Financing
Lending

Razer and Funding Societies Team up to Offer Merchants P2P Financing

Razer Fintech and Funding Societies today jointly announced a partnership to offer short-term business financing to merchants under Razer Merchant Services (RMS). According to their statement more than 20,000 micro, small, and medium enterprises in Malaysia first and subsequently across

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BigPay Expands Into Singapore as It Gears up for South East Asia
Payments

BigPay Expands Into Singapore as It Gears up for South East Asia

BigPay, Air Asia Group’s fintech focused company, is now available in Singapore which is in line with the fintech’s expansion plan into other South East Asian markets by early 2021. The fast-growing fintech is getting ready to make its mobile

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Kenanga Partners with Merchantrade to Launch Their Own E-Wallet, Kenanga Money
E-Wallets

Kenanga Partners with Merchantrade to Launch Their Own E-Wallet, Kenanga Money

Kenanga Investment Bank Berhad (Kenanga) today announced its partnership with Merchantrade Asia Sdn Bhd (Merchantrade) to introduce their e-wallet, Kenanga Money, which will be supported by a Visa prepaid card feature. Kenanga said that this marks the bank’s entry into

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You Can “Setel” More Than Just Fuel at Petronas With New In-Store Payment Feature
E-Wallets Payments

You Can “Setel” More Than Just Fuel at Petronas With New In-Store Payment Feature

Setel, Petronas’ e-payment solution that enables fuel purchases directly from mobile devices, has expanded its services with the addition of the Deliver2Me feature for in-store cashless payments. Deliver2Me allows Setel users to purchase selected items from participating Kedai Mesra outlets

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OCBC Introduces its Mobile-First Banking Solution FRANK to Malaysia
Digital Transformation

OCBC Introduces its Mobile-First Banking Solution FRANK to Malaysia

OCBC Malaysia announced the launch of its digital banking solution FRANK by OCBC in Malaysia. This solution was first introduced in Singapore circa 2010. In Malaysia, OCBC says that it seeks to provide the mobile generation with a “fresh new

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Huawei Developer Conference: Brett King Talks Financial Inclusion, Banking 4.0, and More
Financial Inclusion Sponsored Virtual Banking

Huawei Developer Conference: Brett King Talks Financial Inclusion, Banking 4.0, and More

At the 2020 Huawei Developer Conference held earlier this week, fintech influencer, best-selling author, and entrepreneur Brett King joined the finance tech.session to talk about the role of technology to improve financial inclusion and shared his views on how banking

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MyMy Secures Malaysia’s Largest Fintech Seed Funding Round of RM 12 Million
E-Wallets Funding Virtual Banking

MyMy Secures Malaysia’s Largest Fintech Seed Funding Round of RM 12 Million

MyMy today announced that it has secured Malaysia’s largest fintech seed round of RM 12 million at the valuation of RM 50 million. Koperasi Angkatan Tentera Malaysia Berhad led this fund raising round with an investment of RM10 million. The

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5 Key Highlights From Huawei’s Developer Conference
Innovation Sponsored

5 Key Highlights From Huawei’s Developer Conference

From September 10 to 12, 2020, Huawei Consumer Business Group (BG) held the annual Huawei Developer Conference. Themed HDC.Together, the event saw multiple announcements being made, including the launch of new products, as well as updates on the Huawei Mobile

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Fi Life to Tap Kakitangan.com’s SME Base to Offer Insurance to 50,000 Employees
Insurtech

Fi Life to Tap Kakitangan.com’s SME Base to Offer Insurance to 50,000 Employees

Fi Life will be offering direct life protection for users of the Kakitangan.com’s payroll and leave management web app which is said to serve more than 5,000 SMEs and 50,000 employees. Through the Kakitangan.com’s web app, users are now able

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