Posts From Fintech News Malaysia
Napier Doubles Down on APAC with New Center in Kuala Lumpur
London-based regtech firm Napier has set up a center of excellence in Kuala Lumpur which will provide technical support to its global clients. Citing Kuala Lumpur’s well-educated and skilled workforce, Napier said that it would be hiring a technical support
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BNM Targets First Half of 2024 to Finalise DITO Framework
Bank Negara Malaysia (BNM) has concluded its consultation on the Exposure Draft concerning the Licensing and Regulatory Framework for Digital Insurers and Takaful Operators (DITO Framework) initiated in November 2022. The draft proposes a framework to support the introduction of
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Telco redONE Debuts redCASH, Partners With Experian
RedONE Network Sdn Bhd, a Mobile Virtual Network Operator (MVNO) in Malaysia, announced the introduction of redCASH, the country’s first online lending platform initiated by a telecom operator. Exclusively available to the telco’s subscribers, redCASH will provide micro-loans ranging from
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Who Were the Big Winners of the 2023 Fintech Frontiers Awards Malaysia?
The Malaysian fintech community gathered yesterday and celebrated its achievements at the inaugural, 2023 edition of the Fintech Frontiers Awards, orchestrated by Fintech News Malaysia. The event not only acknowledged the dedication and strides made by key players of the
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Hong Leong Bank and Cagamas Champion Malaysia’s First Green Housing Loan Issuances
Hong Leong Bank, Hong Leong Islamic Bank, and Cagamas Berhad have jointly announced the successful completion of Hong Leong Bank‘s green housing loans and financing transaction, worth a total of RM300 million. This was supported by Cagamas’ issuance of ASEAN
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Al Rajhi Bank CEO Oz Steps Down to Pursue “Personal Ambition in the Fintech Space”
Al Rajhi Banking & Investment Corporation (Malaysia) Bhd (ARBM) announces the departure of its Chief Executive Officer, Arsalaan (Oz) Ahmed stating that his decision was to focus on his “personal ambition in the fintech and social finance space” expressing his passion towards open banking and embedded finance.
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Great Eastern Subsidiaries to Fully Acquire AmMetLife Insurance, Takaful Entities
Great Eastern Holdings Limited, through its subsidiaries, Great Eastern Life Assurance (Malaysia) Berhad and Great Eastern Takaful Berhad, has agreed to acquire all shares in AmMetLife Insurance Berhad and AmMetLife Takaful Berhad from AMAB Holdings Sdn Bhd. Once the acquisition
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MADCash Raises RM 5 Million to Drive Financing for Underserved Women Entrepreneurs
MADCash Sdn Bhd, a fintech startup catering to women entrepreneurs with zero-interest microfunds, recently completed its pre-series A funding round. The investment, amounting to RM5 million, was led by Artem Ventures and received notable backing from MSW Ventures and ScaleUp
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PayNet Collaborates with Paywatch to Roll Out Earned Wage Access Solution
PayNet, Malaysia’s national payments network and financial market utilities provider, has formed a partnership with Paywatch, a bank-backed earned wage access solutions provider, to offer an advanced flexible payroll solution to its workforce. This collaboration allows PayNet employees to instantly
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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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