Posts From Vincent Fong

Peer Pressure: Malaysia’s Peer to Peer Lending (P2P) Performance

Peer to Peer Lending or better known as P2P Lending refers to an online platform that matches lenders to borrowers, the concept is widely believed to be introduced by Zopa and popularised by the likes of Lending Club. The framework for

Read More

CopyCashCoin Ordered by Regulator to Cease and Desist in Malaysia

Following earlier reports of the Securities Commission Malaysia’s (SC) query into the CopyCashCoin ICO the regulator has directed CopyCash Foundation to immediately cease and desist all its proposed activities including a purported plan to launch an Initial Coin Offering (ICO)

Read More

Fintech Malaysia 2017 in Review

The year 2017, has been an interesting year for the Fintech Malaysia scene, while there’s been progress in this scene in the past few years it was really in 2017 that we see fintech being increasingly mainstream in the Malaysian

Read More

RM 14 Million Raised: pitchIN Leads Malaysia’s Equity Crowdfunding with 60% Market Share

Malaysia’s equity crowdfunding scene is becoming increasingly vibrant, during the pitchIN Equity Crowdfunding Report 2017 event, the crowdfunding platform announced that they ended 2017 with 60% market share closing at a total of RM 14,022,132 with 12 issuers.   Sam

Read More

Securities Commission Malaysia Queries CopyCashCoin ICO

Following media reports on the Singapore based CopyCash launch of its CopyCashCoin ICO next week, which claims to be the world’s largest blockchain-based social travesting platform, Securities Commission Malaysia has issued a statement to caution investors against being exposed to heightened

Read More

Securities Commission Malaysia Regulatory Sandbox Calls for Participation

The Securities Commission Malaysia (SC) today announced that parties interested in establishing and operating an Alternative Trading System (ATS) in Malaysia can apply to participate in the Securities Commission Malaysia regulatory sandbox sessions. The Securities Commission Regulatory sandbox will be

Read More

Bank Negara Malaysia Seeks Public Feedback on Cryptocurrency Regulation

The rapid development and adoption of cryptocurrencies have driven regulators from around the globe to adopt various approaches and regulatory measures and Malaysia is no exception. Following the announcement by Bank Negara Malaysia Governor, Tan Sri Muhammad Ibrahim in late

Read More

Behind The Scenes: Securities Commission Malaysia’s Blockchain Project

In November 2017, Securities Commission Malaysia announced that it will be embarking on a blockchain pilot project for the OTC markets. OTC is short for “over-the-counter” which are typically reserved for companies do not meet the listing requirements. It is

Read More

E-Money License Granted: Grab Malaysia “Grabs” a Piece of the Payments Pie

Southeast Asia’s leading ride-hailing app Grab has obtained regulatory approval from Bank Negara Malaysia to launch its mobile payment service in Malaysia following it’s earlier approval from the Singaporean authorities. This move is mirrored by it’s Indonesian counterpart Go-Jek who

Read More

Malaysian Insurtech Company, Fatberry Launches

Malaysia’s insurtech company, FatBerry.com launched a digital marketplace for insurance providing Malaysians with a way to get insured in two minutes. In conjunction with the launch, FatBerry.com also announced its partnership with Tune Protect Malaysia, the an online retail portal

Read More