Archive
Bank Negara Malaysia Approves 3 More Participants for Fintech Sandbox
Bank Negara Malaysia has approved 3 more participants to its Fintech Sandbox. This news follows their official announcement earlier in May for the first batch of approved participants of the Bank Negara Malaysia Fintech Sandbox which includes GoBear Ltd, GetCover
Read More
Malaysia’s Fintech Sandbox Partcipant MoneyMatch Launches Transfer Portal
MoneyMatch Sdn Bhd, a home-grown company approved by Bank Negara Malaysia, launched its “Transfer” portal, a fully digital cross border remittance service offering exchange rates and fees far cheaper than incumbent banks. The Transfer portal allows users to conduct their
Read More
WorldKoins-Air Asia Partnership: Aims To Get Rid of Leftover Foreign Currency
WorldKoins is a mobile app operated by Appykoins Sdn. Bhd, which allows leftover currency to be converted to eGift cards and vouchers, which can be used to shop online from mobile phones. WorldKoins is working in collaboration with AirAsia to
Read More
Malaysian Based Fintech Firm Jirnexu Raises US$2 Million in Pre-Series B Round
Malaysian based fintech company Jirnexu – has raised US$2 million in a pre-Series B round. Japan-based SBI Group led the latest round, joined by existing investors Celebes and Cento Ventures. This brings Jirnexu’s total funding to US$8 million. Bringing over
Read More
12 Hottest Fintech Startups in Malaysia
Often in conversation with industry players in Malaysia, the sentiment is that Malaysia is lacking in activity within the fintech space and the the fintech startups in Malaysia are still pretty nascent. The general impression from the market is that
Read More
Malaysian Fintech Firm Soft Space Launches My FamiPay in Taiwan
Partnering with Cathay United Bank (CUB), Soft Space introduces an innovative way to make payments that is set to empower FamilyMart Taiwan called “My FamiPay”. The application integrates and binds debit/prepaid/credit cards and other various stored value cards for in-store
Read More
Malaysia Fintech Awards 2018 Opens for Nomination
Today marks the soft launch of the first Malaysia Fintech Awards 2018 which was officiated by Tan Sri Dr. Halim Shafie, Chairman, Malaysian Communications And Multimedia Commission and supported by Malaysia’s Prime Minister YB’ Dato’ Sri Mohd Najib Bin Tun Haji
Read More
BNM Approves Sarawak Pay: Sarawak to Roll Out Payments System
Approval from Bank Negara Malaysia for Sarawak Pay was obtained last week , further to the approval the Sarawak Government would see the system implemented at state government departments and agencies next year. The system would allow for payments for
Read More
Maybank’s Mobile Banking Sees 91% Increase in Transaction
Maybank Berhad, Malaysia’s largest bank by assets has seen a 91% spike in transactions for its mobile banking during the first three quarters of 2017. The bank said in a statement that this trend illustrates the trend that consumers are
Read More
Fintech Malaysia Report 2017
Note: We’ve update this report, the 2018 edition of the Fintech Report can be found here In the context of conversations surrounding fintech opportunities in South East Asia, Malaysia is often overlooked in lieu of Singapore. While it is
Read More