Posts From Fintech News Malaysia

SC and BNM To Joins Forces to Accelerate Digitisation of Stockbroking through BRIDGe

The Securities Commission Malaysia (SC) and Bank Negara (BNM) established the Brokerage Industry Digitisation Group (BRIDGe), a joint working group between regulators and industry to accelerate the digitisation of the stockbroking industry. BRIDGe aims to accelerate the digitisation of the

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CIMB partners with Philippines’ Leading Fintech Player FINTQ and Bayad

CIMB Bank Berhad, through its branch that is being set up in the Philippines, CIMB Bank Philippines Inc., recently entered into partnership agreements with FINTQ and Bayad Center Inc both affiliates of the Philippine Long Distance Telephone Company (“PLDT”) group

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Allianz Partners with FAOM to Offer Free Insurance for Fintech Startups

Start-ups that are members of the FinTech Association of Malaysia (FAOM) will be receiving free insurance coverage from Allianz Malaysia. Allianz will be offering a free annual Group Personal Accident (GPA) coverage to current startup members of the FAOM. Any

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SEA’s Largest VC Sets Up Base in KL, Funding Opportunities for Fintech Startups?

Vickers Venture Partners, Southeast Asia’s largest VC, announced the opening of its Malaysian headquarters. Vickers Venture Partner Advisors, based in Kuala Lumpur, will be the newest outpost of the Vickers Global Network and will focus on realising Malaysia’s large innovative

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Telenor’s Valyou Launches Wallet-To-Wallet Remittance From Malaysia To Bangladesh

Valyou, in partnership with Mutual Trust Bank (MTB), has introduced wallet-to-wallet remittance from Malaysia to Bangladesh. This first-of-its-kind integration enables migrant workers in Malaysia to transfer money directly to any bKash account in Bangladesh using Valyou Mobile Wallet app. Valyou

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CIMB Bank Works with 2 Singaporean Fintech Firms To Enhance Their AI App

CIMB Bank Berhad has added new features to its mobile application, the CIMB Enhanced Virtual Assistant (EVA), to bring further personalised, convenience and improved experience to its customers. Launched in December 2016, CIMB EVA has delivered in enabling account overviews

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Here Are The Nominees For Malaysia’s First Fintech Awards

The nominees for the Malaysia Fintech Awards 2018 has finally been announced, as this is the first event at this scale that is recognising the achievements of the industry we’re really excited to see who the winners will be. The

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Malaysian Insurtech Firm Partners with MSIG to Protect Our Furry Friends

PolicyStreet has announced a collaboration with their insurance partner MSIG Insurance (Malaysia) Berhad (MSIG) to distribute online pet insurance in Malaysia. This insurance is an annual premium cover, covers veterinary and surgical bills, prescribed drugs and injections (subject to policy

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Asia-Pacific Fintech Market to reach US$72 billion by 2020

Active support and initiatives by financial regulators such as the Monetary Authority of Singapore, Bank Negara Malaysia and Bank Indonesia has enabled the Asia-Pacific Fintech ecosystem to grow significantly in 2017. New innovations are expected to radically transform the way consumers

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Funding Societies and MoneyMatch Teams Up to Tackle the SME Market

Funding Societies and MoneyMatch, two local FinTech startups, announced an official strategic partnership to broaden access to alternative financial services for Malaysian small and medium-sized enterprises (SMEs). Funding Societies, Malaysia’s market leader (P2P) financing platform, will support efforts to build

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