Blog
CapBay Surpasses RM1 Billion in P2P Financing
CapBay, a Malaysian multi-bank supply chain finance and peer-to-peer financing (P2P) platform, announced that it has disbursed over RM1 billion in P2P funding to more than 400 underserved SMEs in Malaysia. The firm attributed its P2P’s success to its advanced
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Curlec by Razorpay Transitions to Full-Stack Payment Gateway
Malaysian payments firm Curlec by Razorpay has transitioned from a dedicated recurring payments solution to a full stack payment gateway for businesses of all sizes. Indian payment gateway provider Razorpay had acquired a majority stake in the local fintech in
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Hong Leong’s Ongoing Digital Push Results in Strong Growth
Hong Leong Bank (HLB) reaffirms its commitment to provide its customers with digital services and experiences through its annual HLB Connect Day throughout the whole month of July. The HLB Connect Day 2023 rewards the bank’s customers for embracing the
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Carsome Offers Personal Accident Coverage up to RM10K with PolicyStreet
Used car trading platform CARSOME has tied up with Malaysian insurtech company PolicyStreet to roll out the CARSOME Care+ coverage. The complimentary coverage is valid for a year and is embedded into every purchase of a CARSOME Certified car, available
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Tune Protect Partners Baoviet to Offer Travel Insurance for Vietjet Air’s Flyers
Tune Protect Group’s reinsurance subsidiary has rolled out its travel insurance offering on Vietjet Air’s website in partnership with Baoviet Insurance. The sale went live on 5 July 2023. Vietjet Air is Vietnam’s largest private carrier and is the group’s
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Who’s Next? Malaysian Fintech Experiences Wave of Co-founder Exits
In the rapidly changing world of fintech, an unexpected development occurred in Malaysia in 2023. Several renowned co-founders leaving their positions have grabbed attention and sparked discussions about the industry’s future. While these departures may seem unrelated, they might signify
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pitchIN Ties up With MRANTI for 3-Day Accelerator Programme
Equity crowdfunding platform (ECF) pitchIN has tied up with Malaysian Research Accelerator for Technology & Innovation (MRANTI) for its 3-day Fundraising Accelerator (FA) programme that will take place on 24 to 26 July 2023. This specialised programme equips founders with
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Paywatch Partners With Visa in Financial Inclusion Push
Earned Wage Access (EWA) service provider Paywatch has partnered with Visa to promote financial inclusion among Asia’s workforce. Paywatch plans to extend its reach to more of Asia’s workforce and promote financial inclusion by leveraging Visa’s cross-border capabilities, network and
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Two Former Fave Execs Launch ‘First Move’ Fund Backed by 500 Global
Former Fave executives Audra Pakalnyte and Joel Neoh have launched the early-stage First Move fund to invest in consumer-focused startups across Southeast Asia. Backed by venture capital firm 500 Global, the First Move fund will also be collaborating with the
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Touch ‘n Go eWallet Users Can Now Pay for Street Parking in All KL, Selangor Areas
Touch ‘n Go eWallet now offers complete payment coverage for on-street parking in both Kuala Lumpur and Selangor areas. The newly enabled councils are the Majlis Perbandaran Klang, Majlis Bandaraya Seremban – Nilai, and Majlis Perbandaran Ampang Jaya. To make
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