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    Fintech News Malaysia

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    Crowdfunding

    pitchIN Unveils PSTX, Malaysia’s First Secondary Market for Equity Crowdfunding

    By Fintech News MalaysiaJuly 3, 2024

    pitchIN, Malaysia’s digital fundraising and investment hub, has launched PSTX, the country’s first equity crowdfunding (ECF) secondary market. This new…

    E-Wallets Financial Inclusion WealthTech

    TNG eWallet Launches e-Mas, Aims to Be Malaysia’s Largest Gold Investment Platform

    By Fintech News MalaysiaJuly 2, 2024

    TNG Digital, in partnership with CIMB Bank, has introduced e-Mas, a digital gold investment product that allows TNG eWallet users…

    Financial Inclusion Payments

    How Are Fintechs in Malaysia Tackling Financial Inclusion Challenges for MSMEs?

    By Rebecca OiJuly 1, 2024

    Embracing digital transformation offers significant promise for Micro, Small, and Medium Enterprises (MSMEs) in Malaysia. By adopting digital payments, MSMEs…

    Payments

    BIS-Led Project Nexus Completes Phase 3 Blueprint for Cross-Border Instant Payments

    By Fintech News MalaysiaJuly 1, 2024

    The Bank for International Settlements (BIS) and its partners, including central banks and instant payment system operators from Malaysia, the…

    Various

    Raja Teh Maimunah Appointed to Bursa Malaysia Board in Public Interest Role

    By Fintech News MalaysiaJuly 1, 2024

    Bursa Malaysia has announced the appointment of Raja Teh Maimunah as Public Interest Director and Independent Non-Executive Director, effective 1…

    Funding Various

    RinggitPlus Parent Firm to Acquire Nasdaq-Listed MoneyHero’s Malaysian Arm

    By Fintech News MalaysiaJune 28, 2024

    Jirnexu Sdn Bhd, the parent company of RinggitPlus, announced today a strategic transaction to acquire CompareHero, the Malaysian arm of…

    Digital Transformation Sponsored

    Fintech and Logistics: Boosting E-Commerce with Supply Chain Management Tools

    By Comarch MY-1234June 27, 2024

    The complexities of modern supply chains are a constant challenge for e-commerce businesses. Managing financial transactions, inventory levels, order fulfillment,…

    Islamic Fintech Lending

    Funding Societies and CGC Launch RM30 Million SME Financing Scheme

    By Fintech News MalaysiaJune 26, 2024

    Funding Societies, a SME digital finance platform in Southeast Asia, has partnered again with Credit Guarantee Corporation Malaysia (CGC) to…

    Innovation

    FAOM and BNM Join Forces to Prepare Fintech Firms for Regulatory Sandbox

    By Fintech News MalaysiaJune 26, 2024

    The Fintech Association of Malaysia (FAOM) has introduced the Sandbox Pre-Screening and Mentorship Programme during the Sandbox Open Day at…

    Security

    CIMB Steps up Security for Clicks and OCTO App

    By Fintech News MalaysiaJune 26, 2024

    CIMB Bank is enhancing security measures for its CIMB Clicks online banking platform and CIMB OCTO app starting late June…

    E-Wallets Financial Inclusion

    MYDINPay Launches as the Latest Player in Malaysia’s E-Wallet Space

    By Fintech News MalaysiaJune 26, 2024

    MYDIN, a local wholesaler and retailer, has unveiled MYDINPay, its latest digital initiative aimed at facilitating convenient cashless transactions for…

    Digital Banking

    More than Half a Million Malaysians Have Signed up for GXBank

    By Fintech News MalaysiaJune 25, 2024

    Malaysia’s first digital bank, GXBank, announced that it has reached over 500,000 users since its inception in November last year.…

    Various

    Bursa Malaysia’s New CSI Platform to Boost ESG Integration for Local Firms

    By Fintech News MalaysiaJune 24, 2024

    Bursa Malaysia has introduced the Centralised Sustainability Intelligence (CSI) solution, aiming to enhance the integration of Environmental, Social, and Governance…

    Funding Lending

    Paywatch Secures RM141 Million in Equity and Debt Funding to Fuel Growth

    By Fintech News MalaysiaJune 24, 2024

    Paywatch, an earned-wage access (EWA) service provider in Asia, has secured US$30 million (approximately RM141 million) in funding. The company…

    Digital Banking

    AEON Bank Sets Sights on Five-Year Break-Even Timeline

    By Fintech News MalaysiaJune 24, 2024

    AEON Bank, Malaysia’s first Islamic digital bank, is targeting to achieve break-even within five years, capitalising on its established brand…

    Lending

    Curlec Merchants Can Now Get Loans Based on Their Sales Revenue with Seedflex

    By Fintech News MalaysiaJune 20, 2024

    Curlec by Razorpay, a fintech payment gateway in Malaysia, has partnered with Singapore’s Seedflex Technologies to offer its merchants seamless…

    Various

    Yayasan Khazanah and PayNet Renew Scholarship for Muslim B40 Students

    By Fintech News MalaysiaJune 20, 2024

    Malaysia’s scholarship provider Yayasan Khazanah has renewed its partnership with Payments Network Malaysia (PayNet) to continue the Wakalah PayNet-Yayasan Khazanah…

    E-Wallets Financial Inclusion

    TNG eWallet and UNHCR to Boost Financial Inclusion for Refugees in Malaysia

    By Fintech News MalaysiaJune 20, 2024

    TNG Digital, the operator of TNG eWallet, has partnered with United Nations High Commissioner for Refugees (UNHCR) to enhance financial…

    Payments

    Visa Survey Finds 80% of Gen Z, Millennials in Malaysia Have Gone Cashless

    By Fintech News MalaysiaJune 19, 2024

    Visa has released its Consumer Payment Attitudes (CPA) study which highlights the progress of a cashless Malaysia. The survey found…

    WealthTech

    Raku-Invest Offers Automated, Recurring US Stock Investment from RM100

    By Fintech News MalaysiaJune 19, 2024

    Malaysian online equities broker Rakuten Trade has launched Raku-Invest, a new platform aimed at simplifying and regularising investment in US equity…

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