Posts From Fintech News Malaysia
Revenue Group’s Woes Mount as Danny Leong Resigns as Group CEO
Payment solutions provider Revenue Group‘s Group CEO Danny Leong Kah Chern has tendered his resignation just two months after he took up the position in the embattled company. According to credible sources, Danny will be stepping down officially on 23
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AmBank, CGC Extends Additional RM200 Million for SME Financing
AmBank and Credit Guarantee Corporation Malaysia (CGC) has signed an SME Portfolio Guarantee (SPG) agreement to extend an additional of RM200 million financing for eligible SMEs. This marks the continuation of the SPG scheme launched in September 2016 where a
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Maybank Offers Financing, Insurance Coverage for EV and Hybrid Customers
Maybank has launched an integrated automobile financing solution for Electric Vehicle (EV) and Hybrid customers covering various aspects including financing solutions, insurance and takaful coverage as well as EV charging privileges. On the insurance front, Etiqa had previously introduced an
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Mohamad Hafidz Steps up as Acting CEO of airasia Super App
airasia Super App has appointed Mohamad Hafidz Mohd Fadzil (Mo) as acting CEO to succeed Amanda Woo who will be stepping down, effective 1 April. Once he steps into his new role, Mo will continue to drive the platform’s fintech
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Touch ‘n Go Promotes Praba Sangarajoo as New CEO
Touch ‘n Go had announced the appointment of Praba Sangarajoo as Chief Executive Officer (CEO), effective 1 April 2023. He is currently Deputy CEO, Business and Growth at Touch ‘n Go. Praba joined Touch ‘n Go in June 2021 and
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KPMG, MDEC Aims to Help 20 Malaysian Startups Achieve Unicorn Status by 2025
KPMG Malaysia will be supporting Malaysia Digital Economy Corporation’s (MDEC) Founders Centre of Excellence (FOX) programme to help Malaysian tech companies achieve unicorn status by 2025. Through this collaboration, KPMG will provide customised consulting and advisory support covering areas such
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Investors in Dato’ Vida’s LaVida Coin Demanding to Be Repaid RM59 Million
Dato’ Sri Vida, a beauty mogul and polarising figure on the Malaysian scene, is coming under heat as the investors of her ill-fated initial coin offering (ICO) LaVida Coin are demanding their money back. According to the Harian Metro, the
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Saturna Officially Launches Its Shariah-Compliant Digital Investment Platform
Shariah-compliant fintech firm Saturna has officially launched its digital investment platform which claims to not impose any sales or redemption charges as well as hidden fees. Saturna manages two shariah-compliant equity trust funds in Malaysia, namely the ICD Global Sustainable
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Touch ‘n Go Rolls Out Two More Insurance Products
Touch ‘n Go Group announced that it has launched 2 new insurance products, CI Insure and MotoInsure on its e-wallet in a bid to become a one-stop insurance hub. The CI Insure offering is a health insurance provided by AIA,
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InterSystems Survey Highlights Data and Tech Obstacles for Financial Services in Asia Pacific
Financial services firms across the Asia Pacific are facing an ever-increasing array of data and technology challenges stemming from both the growth in the volume of customer and business data being generated and the proliferation of data siloes across different
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