WealthTech
New Maybank Platform Enables Malaysians to Start Investing With RM200
Maybank Malaysia has launched a new digital investment platform called Goal-Based Investment, designed to cater to beginners and first-time investors. This offering, accessible via the MAE App and Maybank2u Web, allows users to start investing from RM200. New customers can
Read MoreKapital DX Debuts RM150 Million Tokenised Shariah-Compliant Offering
Kapital DX Sdn Bhd (KLDX), a multi-asset fundraising and investment platform, has introduced its inaugural product offering – a RM150 million tokenised primary offering of a shariah-compliant fixed income product, in collaboration with Integra Healthcare Technology Sdn Bhd (Integra). Named
Read MoreSC Malaysia’s 2023 Annual Report: 5 Key Fintech Developments You Need to Know
The Securities Commission (SC) of Malaysia today unveiled its annual report for 2023, offering an in-depth analysis of the capital market’s performance and strategic initiatives over the past year. The report provides a thorough review of advancements in alterative fundraising,
Read MoreAiro Debuts Shariah-Compliant Investment Portfolios for Malaysian Investors
Malaysian digital investment platform Airo has introduced a range of new Shariah-compliant investment opportunities to local investors. The portfolios introduced by Airo are managed using a proprietary strategy similar to the one employed in its conventional investment options, focusing on
Read MoreASNB Introduces RIA, a New Robo Advisor to Simplify Investing
Amanah Saham Nasional Berhad (ASNB), a subsidiary of Permodalan Nasional Berhad specialising in unit trust management, announced the launch of the Robo Investment Advisor (RIA) feature in its myASNB application. RIA is designed to tackle common hurdles associated with investment
Read MoreFutu’s Investment App Moomoo Now Available in Malaysia
Hong Kong-based Futu Holdings has officially launched its investment app Moomoo in Malaysia. This is the second market that Futu has expanded to in Southeast Asia following its Singapore launch in June 2021. Moomoo has been granted a Capital Market
Read MoreNew Raiz App Update Allows Children to Learn Budgeting, Saving, and Investing
Raiz, a joint venture company between Raiz Invest Australia and Permodalan Nasional Berhad (PNB), is introducing an updated version of its Raiz Kids feature within its savings and investment app. The Raiz app enables its users to cultivate a regular
Read MoreSC Malaysia Broadens Sophisticated Investor Criteria to Include Knowledge, Experience
The Securities Commission Malaysia (SC) has expanded its definition of sophisticated investors, aiming to make the capital market more accessible. The revised “Guidelines on Categories of Sophisticated Investors,” effective immediately, are part of the SC’s efforts to enhance market competitiveness
Read MorePrincipal Malaysia Taps AWS for Major Cloud Transition
Principal Malaysia, a joint venture between the Principal Financial Group (PFG) and CIMB Group Holdings, has announced its decision to adopt Amazon Web Services (AWS) as its primary cloud provider. This move is part of Principal’s strategy to advance its
Read MoreBursa Malaysia Transforms Into Multi-Asset Exchange With New Logo and Offerings
Bursa Malaysia has unveiled a refreshed brand logo as the exchange announces the launch of direct-to-market investment products and services including the Bursa Gold Dinar, MyBURSA Customer Portal, and BURSA REACH. This move signals the bourse’s step towards becoming a
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