Posts From Fintech News Malaysia
Ex-BNM Governor Muhammad Ibrahim Leads Agrochem Firm’s ‘Superapp’ Launch
Agrochemical company Hextar Technologies Solutions (HexTech) has made its foray into fintech with the roll out of its mobile app called MoneyX, according to The Edge Malaysia. RM100 million was reportedly invested to build and promote the MoneyX app. Touting
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Know Your Customer Join Forces With Credit Bureau Malaysia for KYB Compliance
Regtech provider Know Your Customer and Credit Bureau Malaysia have announced a partnership to provide a one-stop know-your-business (KYB) data solution in Malaysia. The partnership will give Credit Bureau Malaysia’s clients access to Know Your Customer’s global register network, which
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JC3’s ESG Jumpstart Portal Launched to Promote Sustainability Among SMEs
The JC3’s SME Focus Group (SFG) has launched a new portal, ESG Jumpstart, to help small- and medium-sized enterprises (SMEs) adopt ESG practices. ESG Jumpstart is a one-stop information portal that provides SMEs with a simple and practical reference guide,
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Revenue Group Greenlit by KPKT for Online Moneylending License
Payment solutions provider Revenue Group announced that its subsidiary, Revenue Harvest, has obtained an online moneylending license from the Ministry of Local Government and Housing Development (KPKT). The license is effective from 12 October 2023 to 31 March 2025, and
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AMB Connect Gets SC’s In-Principle Approval for Islamic Crowdfunding Platform
Local firm AMB Connect has secured the in-principle approval from the Securities Commission (SC) Malaysia to operate an Islamic equity crowdfunding platform. With this approval, the company will be able to provide alternative funding solutions for micro-small and medium enterprises
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BNM Sets Ambitious Climate Financing Goal by 2026, RM200 Billion Pledged to ESG
Bank Negara Malaysia (BNM) expects at least half of new financing by banks to be aligned with climate supporting or transitioning activities by 2026 as part of the Financial Sector Blueprint. This announcement was made by BNM Governor Datuk Abdul
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SC Malaysia Launches World-First Simplified ESG Disclosure Guide for SMEs
Securities Commission (SC) Malaysia’s affiliate Capital Markets Malaysia (CMM) has launched a Simplified ESG Disclosure Guide (SEDG) to help SMEs within global supply chains disclose ESG data and information. Malaysia is reportedly the first country to do so globally. The
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UOB Malaysia Kicks off Sustainability Accelerator to Help SMEs Go Green
UOB Malaysia has launched the Jom Transform – Sustainability Accelerator Programme (JT-SAP) to help small and medium enterprises (SMEs) adopt sustainable practices and accelerate their transition to a low carbon economy. The inaugural JT-SAP brings together over 150 SMEs and
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Finology and The Makeover Guys Introduce Home Renovation Loan in Malaysia
Finology Group, a Malaysian fintech that enables embedded finance, and The Makeover Guys, a provider of all-inclusive property solutions, have teamed up to launch The Makeover Loan. The Makeover Loan is a new personal financing option for home renovations in
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Gambit Custody Gets SC’s In-Principle Nod for Digital Asset Custody License
Gambit Custody, a player in the digital asset custody industry, announced that it has received in-principle approval from the Securities Commission Malaysia (SC) for its Digital Asset Custodian (DAC) license. The conditional approval granted by the SC signifies a significant
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