Posts From Fintech News Malaysia

Malaysia and Thailand Announces Cross Border QR Payments

Bank Negara Malaysia (BNM) and the Bank of Thailand (BOT) today launched a cross-border QR payment linkage between Malaysia and Thailand. Under this linkage, consumers and merchants in both countries will be able to make and receive instant cross-border QR

Read More

MDEC Appoints Ruslena Ramli as Director of Fintech and Islamic Digital Economy

The Malaysia Digital Economy Corporation (MDEC) announced the appointment of Ruslena Ramli as its Director of Fintech and Islamic Digital Economy, a role previously held by Norhizam Kadir who has served in MDEC for over 5 years. She will report

Read More

pitchIN Secures RM 5.5 Million Through Its Own Equity Crowdfunding Campaign

pitchIN, a Malaysian equity crowdfunding platform (ECF), announced that it has concluded its very own equity crowdfunding campaign on Leet Capital with RM 5.5 million raised from 322 investors. This fundraise will enable pitchIN to expand its operations to serve

Read More

Digital Pet Health Insuretech Oyen Nets Over RM 1.7 Million in Seed Funding

Oyen, a digital-first pet healthcare insurance provider based in Malaysia, has raised US$420,000 in a seed funding round. The fundraise saw participation by notable backers such as Hustle Fund, alongside angel investors who are former and current executives from Airbnb,

Read More

myTukar Ties up With PolicyStreet.com to Offer Insurance for Pre-Owned Cars

myTukar, a Malaysian pre-owned car buying and selling platform, has announced a partnership with local insurtech firm PolicyStreet.com to offer insurance policies for pre-owned car purchases. Through the collaboration, myTukar’s wholesale and retail customers can now receive insurance quotations instantly

Read More

Merchantrade Rolls Out Payroll Solutions for Underbanked Plantation Workers

Merchantrade Asia, a digital money services business operator and e-money issuer, has partnered with palm plantation management solutions provider LintraMax in an effort to digitise the payroll for underserved plantations workers. In this partnership, both entities will reach out to

Read More

Funding Societies Disbursed RM1 Million in Financing for Foodpanda’s Merchants

Southeast Asian SME digital financing platform Funding Societies has announced a partnership with Foodpanda to offer short-term digital financing solutions for registered merchants under the latter’s network. The collaboration which has collectively disbursed RM1 million in financing, enables local micro,

Read More

To Become Digital Leaders, Banks Must Foster a Culture of Innovation — Here’s How

For banks, becoming digital leaders takes more than a stylish mobile app interface and a shift in the organisational structure; it also requires a culture that embraces experimentation and risk-taking, senior executives from banking institutions in Malaysia and fintech software

Read More

GrabPay Now Available Nationwide via DuitNow QR

GrabPay, the in-app wallet of superapp Grab, announced that it has recently rolled out the GrabPay DuitNow QR feature across the country. The e-wallet was the first in Malaysia to sign-up with PayNet this feature which is now widely available.

Read More

Touch ‘n Go’s Wealthtech Offering GO+ Has Over a Million Users Already

Touch ‘n Go Group today announced that its GO+ users have surpassed the 1 million mark in just over two months following its launch in March 2021. Effendy Shahul Hamid, Group Chief Executive Officer at Touch ‘n Go Group said

Read More