Posts From Vincent Fong
WorldKoins-Air Asia Partnership: Aims To Get Rid of Leftover Foreign Currency
WorldKoins is a mobile app operated by Appykoins Sdn. Bhd, which allows leftover currency to be converted to eGift cards and vouchers, which can be used to shop online from mobile phones. WorldKoins is working in collaboration with AirAsia to
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Malaysian Based Fintech Firm Jirnexu Raises US$2 Million in Pre-Series B Round
Malaysian based fintech company Jirnexu – has raised US$2 million in a pre-Series B round. Japan-based SBI Group led the latest round, joined by existing investors Celebes and Cento Ventures. This brings Jirnexu’s total funding to US$8 million. Bringing over
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12 Hottest Fintech Startups in Malaysia
Often in conversation with industry players in Malaysia, the sentiment is that Malaysia is lacking in activity within the fintech space and the the fintech startups in Malaysia are still pretty nascent. The general impression from the market is that
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Malaysian Fintech Firm Soft Space Launches My FamiPay in Taiwan
Partnering with Cathay United Bank (CUB), Soft Space introduces an innovative way to make payments that is set to empower FamilyMart Taiwan called “My FamiPay”. The application integrates and binds debit/prepaid/credit cards and other various stored value cards for in-store
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Malaysia Fintech Awards 2018 Opens for Nomination
Today marks the soft launch of the first Malaysia Fintech Awards 2018 which was officiated by Tan Sri Dr. Halim Shafie, Chairman, Malaysian Communications And Multimedia Commission and supported by Malaysia’s Prime Minister YB’ Dato’ Sri Mohd Najib Bin Tun Haji
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BNM Approves Sarawak Pay: Sarawak to Roll Out Payments System
Approval from Bank Negara Malaysia for Sarawak Pay was obtained last week , further to the approval the Sarawak Government would see the system implemented at state government departments and agencies next year. The system would allow for payments for
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Maybank’s Mobile Banking Sees 91% Increase in Transaction
Maybank Berhad, Malaysia’s largest bank by assets has seen a 91% spike in transactions for its mobile banking during the first three quarters of 2017. The bank said in a statement that this trend illustrates the trend that consumers are
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Fintech Malaysia Report 2017
Note: We’ve update this report, the 2018 edition of the Fintech Report can be found here In the context of conversations surrounding fintech opportunities in South East Asia, Malaysia is often overlooked in lieu of Singapore. While it is
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Bank Negara Malaysia: Islamic Fintech Needs to Be a Boardroom Priority for Islamic Finance
In his opening speech at the Islamic Fintech Forum Dialogue, Assistant Governor of Bank Negara Malaysia Mr. Marzunisham Omar called the Islamic Finance industry to take a more active role in fintech. According to the Assistant Governor, digital-banking consumers stand at
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Who Is Standard Chartered Bank Malaysia’s New CEO, Abrar A. Anwar?
Abrar A. Anwar is the new CEO of Standard Chartered Bank Malaysia. Standard Chartered Bank is Malaysia’s first bank, set-up back in 1875, with global operations hub named Scope International which provides support to across 70 countries that Standard Chartered Bank
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