Blog

Genting Dips Toe in Digital Banking Bid Through 13% Stake In Acquisition in PUC

Following rumours that Genting Group would be bidding for a digital banking licensee, the group has inked a deal through GPVF Sdn Bhd to snap up a 13% stake for RM20.3 million in the publicly listed e-commerce platform PUC Berhad. GPVF

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Kita Jaga App Looks to Crowdfund RM200,000 on GlobalSadaqah

Kita Jaga, a digital social mobile app aimed at supporting individuals and families most impacted by the ongoing effects of the COVID-19 pandemic, is looking to raise RM200,000 through a charity crowdfunding campaign on GlobalSadaqah. GlobalSadaqah is an Islamic social

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Revenue Monster’s Merchants Can Now Tap Sarawak Pay’s Half a Million User Base

Malaysian fintech firm Revenue Monster has added state government owned e-wallet Sarawak Pay as a payment option to encourage the adoption of contactless payments. More than half a million users of Sarawak Pay e-wallet will be able to conduct transactions

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HK Fintech Unicorn Airwallex Secures License for Cross Border Payments in Malaysia

Airwallex, a cross border payments company, announced that it has secured a money services business (MSB) license issued by Bank Negara Malaysia. They said, the new license will allow Airwallex to offer modern, streamlined and integrated international payment solutions for

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Soft Space Partners Global Payments to Expand Tap-On-Phone Payments to Taiwan

Global Payments, a global provider of payment technology and software services, announced that it supports the Soft Space Mobile Tap, a new smartphone-based payment acceptance solution for merchants, in Taiwan. Developed by Malaysian fintech Soft Space, the solution provides merchants

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MX Exchange Gets Green Light to Trade Cryptos, Appoints Former MDEC C-Level as CEO

MX Exchange has been granted full approval by the Securities Commission Malaysia (SC) to operate as Recognised Market Operator-Digital Asset Exchange (RMO-DAX) for the trading of cryptocurrencies in Malaysia, making it the fourth DAX permitted to operate in Malaysia. The

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Islamic Crowdfunding Platform Ethis Raises RM6.8 Million From Angel Investors

Islamic crowdfunding group Ethis Global announced the closure of its RM6.8 million pre-Series A fundraising round from angel investors. This ‘Super Angel’ round was joined by notable investors including corporate leader Tan Sri Wan Zulkiflee, and Daud Vicary Abdullah, a renowned

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Green Packet’s OCIB Plunges Into Crypto With Conditional Investment Bank License

Oasis Capital Investment Bank (OCIB), a fully-owned subsidiary of Green Packet has been awarded the conditional investment bank license from the Labuan Financial Services Authority (LFSA). The company is looking to specialise in digital asset portfolio advisory, management services as

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GHL Enables SMEs to Pay Any Suppliers With Credit Cards

GHL Systems has introduced CARDit which is a platform that utilises a consumer’s credit card limit by allowing them to pay via a credit card to payees that traditionally do not accept credit cards. While CARDit is available to both

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Banks Need to Ramp up Efforts To Win Over Digitally Savvy Muslim Customers

Banking and financial services platform Mambu released its research series named the Disruption Diaries which seeks to understand what people think of the key trends driving the development of financial services. In Mambu‘s third edition, the firm conducted a global

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