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    Fintech News Malaysia

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    Blockchain/Bitcoin

    Luno Reports RM 1 Billion in Digital Assets Under Custody as Bitcoin Prices Skyrocket

    By Fintech News MalaysiaApril 14, 2021

    Luno, a digital asset exchange in Malaysia approved by the Securities Commission, announced that the company is now managing more…

    Funding Payments

    India’s Pine Labs Acquires Fave for RM185 Million with Plans to Roll Out In India

    By Fintech News MalaysiaApril 13, 2021

    Payments platform Fave has been acquired today by Pine Labs, an Asian commerce platforms in a deal valued over US$…

    Blockchain/Bitcoin

    Securities Commission Seeks to Block Access to Remitano for Illegally Offering Crypto Services

    By Fintech News MalaysiaApril 13, 2021

    The Securities Commission Malaysia today issued a statement today saying that they have reprimanded Remitano for operating a digital asset…

    Banking

    Maybank’s New SME Digital Financing Solution Approved RM 1 Billion Loans in 6 Months

    By Fintech News MalaysiaApril 12, 2021

    Six months into its launch, Maybank SME Digital Financing has approved RM1 billion of financing, serving more than 8,200 Small…

    Banking Cloud

    TM ONE and Sunline Inks Partnership to Drive Digital Transformation for Banks

    By Fintech News MalaysiaApril 9, 2021

    Telekom Malaysia Berhad (TM) via its enterprise and public sector business solutions arm, TM ONE, today inked a Memorandum of…

    E-Wallets Payments

    PayNet Appoints Soft Space’s FassPay as Third Party Acquirer

    By Fintech News MalaysiaApril 9, 2021

    PayNet, the national payments network and shared central infrastructure for Malaysia’s financial markets, has appointed FassPay, a subsidiary Soft Space,…

    WealthTech

    RinggitPlus Expands into Digital Financial Planning with RinggitPlus Advance

    By Fintech News MalaysiaApril 9, 2021

    RinggitPlus, a financial marketplace owned by Jirnexu, has launched RinggitPlus Advance, a new one-to-one financial digital financial planning service for…

    Various

    Axiata and Telenor Revives Merger Plans for Celcom and Digi

    By Vincent FongApril 8, 2021

    Axiata Group and Telenor Asia today confirmed in their press conference that they have revived merger plans of Celcom and…

    WealthTech

    Versa Secures RM10 Million in Deposits in Less Than Three Months

    By Fintech News MalaysiaApril 7, 2021

    Versa, Malaysia’s latest digital cash management platform, today announced that it has achieved over RM10million in deposits in just three…

    E-Wallets Lending

    Boost Offers Low-Cost Financing Support for MSMEs this Ramadan

    By Fintech News MalaysiaApril 7, 2021

    Boost issued a press statement saying that it will be prioritising micro-enterprises and SMEs this upcoming Ramadan by offering low-cost…

    Blockchain/Bitcoin

    Bank Negara Malaysia to Evaluate Merits of Digital Currencies Through POCs

    By Vincent FongMarch 31, 2021

    Central bank-backed digital currencies (CBDCs) are rapidly on the rise, with 86% of central banks around the world researching the…

    Lending

    Mastercard-Backed Pine Labs Rolls Out Buy Now, Pay Later Offering in Malaysia

    By Fintech News MalaysiaMarch 31, 2021

    Pine Labs, an Asian merchant commerce platform backed by Mastercard, announced the launch of its Buy Now Pay Later (BNPL)…

    Payments

    Ripple Acquires 40% Stake Cross Border Payment Specialist Tranglo

    By Fintech News MalaysiaMarch 30, 2021

    Ripple, announced that it has agreed to acquire 40% of cross-border payments specialist Tranglo. This partnership will allow Ripple to…

    Digital Banking

    Malaysia’s Incumbent Banks Gears up for the Entry of New Digital Banks

    By Fintech News MalaysiaMarch 30, 2021

    In Malaysia, incumbents are gearing up for the entrance of the country’s first digital banks, accelerating digital transformation, planning standalone…

    WealthTech

    Touch ‘n Go Expects 1 Million Users for Its New Wealthtech Offering GO+

    By Fintech News MalaysiaMarch 29, 2021

    Touch ‘n Go Group (TNG) formally announced today the launch of GO+, a financially inclusive investment product for which it…

    E-Wallets Payments

    Boost Now Supports DuitNow QR Payments

    By Fintech News MalaysiaMarch 26, 2021

    Homegrown e-wallet Boost announced that it is now part of the PayNet Real Time Retail Payment Platform (RPP) and will…

    Lending

    Axiata’s Aspirasi Rolls Out Consumer Microloans up to RM 2,500 on Lazada

    By Fintech News MalaysiaMarch 25, 2021

    Aspirasi, a digital micro-financing and micro-insurance service provider under Axiata Digital, is now offering a flexible and fully-digital financing solution…

    Insurtech

    Zurich Malaysia Partners Singaporean Fintech to Simplify Financial Planning

    By Fintech News MalaysiaMarch 24, 2021

    Zurich Malaysia (Zurich) and Singapore-based fintech BetterTradeOff, today launched ‘Up | MyZurichLife’, a financial planning solution exclusively for MyZurichLife’s users…

    Digital Banking

    Reports of the Death of Challenger Banks Are Greatly Exaggerated

    By Fintech News MalaysiaMarch 23, 2021

    Against the backdrop of the cacophony of noise and emerging trends in Asia, it’s difficult even for the keenest of…

    Digital Transformation Fintech Opinion Leader

    From Relationships to Platforms – the Shift in Corporate Banking

    By Torsten PullMarch 23, 2021

    Banking has undergone a major shift in recent years thanks to the advent and advancement of digital banking technology. This…

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