Posts From Fintech News Malaysia
MyCash Online: A Malaysian Marketplace for Foreign Workers in Southeast Asia
Southeast Asian startup MyCash Online is an online marketplace designed for migrant workers in Malaysia and Singapore. It provides easy, secure and convenient services to the underbanked. MyCash Online offers an e-wallet service that allows users to reload phone credit,
Read MoreMalaysian Banking Industry Pushes Fintech Development
Banks in Malaysia are pushing fintech development as they seek to harness innovation and technology to improve the financial services. The trend is largely led by the Malaysian central bank, Bank Negara Malaysia (BNM), which has been deploying efforts to
Read MoreGoBear Malaysia’s Among the First of Fintech Companies in the Sandbox
GoBear Malaysia is first among FinTech companies to receive its stamp of approval to be a part of the Bank Negara Malaysia (BNM), Financial Technology Sandbox Framework. As Malaysia’s first and only unbiased meta-search engine for insurance and all things
Read MoreTop 10 Fintech (Startups) in Malaysia
Striving to establish itself as a prominent fintech player, Malaysia has committed to provide clear guidance and regulation to the new, innovative products and business models entering the financial services industry. In October, Bank Negara Malaysia (BNM), the country’s central
Read MoreMaybank Samsung Pay sees 100% contactless payments rise
Contactless payments introduced to Malaysia as Maybank launch their Samsung Pay boosting the number of customers whilst at the same time reducing its cardholders by 100% by the end of 2017 This follows the success of the Maybank Pay launch
Read MoreMaybank Launches the First Mobile Money Transfer Service in Malaysia with Western Union
Maybank and Western Union announced the launch of the first digital remittance service in Malaysia via its Maybank2u (“M2u”) mobile banking App. Maybank Mobile App M2u The mobile App service enables Maybank customers to transfer money to more than 500,000
Read MoreAsia’s Own Lemonade: Neosurance & KLCC Runners Group Partner To Offer The First “Push” Micro Insurance To Malaysian Runners
Neosurance and KLCC Runners Group have signed a Memorandum of Understanding for the distribution of microinsurance to KLCC Runners Group growing community members. The microinsurance product will be provided ad hoc by a leading reinsurer and insurer who will be
Read MoreMalaysian Startup Wants to Improve Road Safety
“I always been passionate of improving road safety and we were thrust into action by the tragic death of a schoolmate earlier this year. My friend and his brother were killed in a road accident, and I still remember how
Read MoreAlibaba Founder Appointed As Malaysia’s Digital Economy Advisor Amid Digital Free Trade Zone Initiative
Jack Ma, the founder and executive chairman of Alibaba Group, has been appointed as Malaysia’s digital economy advisor as the government looks to boost the country’s e-commerce and Internet sector, and create new opportunities for Malaysia. Prime minister Datuk Seri
Read MoreMalaysia: 6 Licences for Peer-to-Peer Financing Operators
Securities Commission Malaysia (SC) introduced six registered Peer-to-Peer (P2P) financing platform operators in Malaysia to widen funding avenues for small and medium enterprises (SMEs). The six registered operators are B2B FinPAL, Ethis Kapital, FundedByMe Malaysia, ManagePay Services, Modalku Ventures and
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