Blog

Adelene Foo Appointed as Managing Director of Grab Malaysia

Southeast Asian superapp Grab has appointed Adelene Foo as Managing Director of Grab Malaysia to succeed Sean Goh, who assumes the position of Regional Head of Deliveries and Mobility. In her role, Adelene will oversee the business strategy and operations

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10 Fintechs That Are Transforming SME Lending

Small and medium enterprises (SMEs) are innovative, agile and drive competition. However, they’re often shuffled to the back of the line when it comes to accessing credit. Lending to SMEs can be risky and time-consuming. Traditional financial institutions often require

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Gobi Partners Invests in Malaysia-Based Fintechs Paywatch and pitchIN

Pan-Asian venture capital (VC) firm Gobi Partners announced that it has onboarded two fintech firms to its Gobi Superseed II Fund (Gobi SSII Fund). Earned Wage Access (EWA) service provider Paywatch and equity crowdfunding platform (ECF) pitchIN were among the

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BigPay Revamps App With New Design Powered by Snowdrop

Southeast Asian neobank BigPay has embarked on the first phase of its app enhancements with new design elements and experience powered by Snowdrop Solutions, a London-based Google Maps and Cloud Premier partner. Each BigPay transaction will display clear merchant names,

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Maybank Debuts ‘Kill Switch’ Feature for Maybank2u and MAE App

Maybank has introduced the ‘Kill Switch’ feature via Maybank2u (M2U) web and the MAE app as part of its efforts to combat online scams. The kill switch feature enables customers to immediately deactivate their M2U access with a click of

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Innovative Technology Remedies Almost 100% Of Payment Pain Points in APAC

The Asia-Pacific region, with 13 countries that process US$17.8 billion in digital payments per year, tends to invite issues as big as the region itself. As we kick-start 2023, banks and financial institutions (FIs) in the region will be pleased

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Shopee’s Parent Company Sea to Create Over 2000 Jobs in Malaysia

Singaporean tech conglomerate Sea announced that it will be creating more than 2,000 in Malaysia as part of its expanded investment plan in the country. Sea operates three core businesses across digital entertainment, e-commerce, as well as digital payments and

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HelloGold Shutters Its Consumer Business — Users Have Until 2 Feb to Withdraw Funds

Malaysian-based fintech HelloGold, a savings app that blended gold trading with blockchain technologies, has become the latest casualty of adverse market forces and will be closing down its core business in Malaysia and Thailand. Users are given until 2nd February

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Luno Slashes 35% of Workforce as Crypto Fallout Rages On

Luno was the first digital assets exchange to be approved by the Securities Commission in Malaysia, opening the door for Malaysians to trade and store cryptocurrency assets in a more regulated setting. But as challenging macroeconomic factors adversely impact sectoral

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CIMB Debuts In-App Kill Switch to Suspend Accounts in a Suspected Breach

CIMB Bank and CIMB Islamic Bank has introduced a self-service ‘Lock Clicks ID’ feature which acts as a ‘kill switch’ for both its CIMB Clicks and CIMB OCTO apps. The new feature will enable customers to immediately freeze their online

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