Archive

HelloGold Secures Series A from 500 Startups

Southeast Asian fintech firm HelloGold has secured Series A funding from Silicon Valley venture capital firm 500 Startups. The funding will be used for the integration and testing of blockchain elements on the HelloGold mobile app. Providing a Shariah-compliant platform

Read More

Funding Societies Raises RM 100 Million, the Largest P2P Lending Funding in SEA

Funding Societies, the largest peer-to-peer (P2P) financing platform in Malaysia, has raised RM100 million in Series B funding. Led by Softbank Ventures Korea, the funding round also includes existing investors Sequoia India, Alpha JWC Ventures (Indonesia) and Golden Gate Ventures.

Read More

Meet the 9 Cryptocurrency Exchanges in Malaysia Registered with BNM

Bank Negara Malaysia has published the list of cryptocurrency exchanges in Malaysia that has registered itselves as a reporting entity with the regulator. This follows our report issuance of the policy paper titled “Anti-Money Laundering and Counter Financing of Terrorism Policy

Read More

Luno Registers as Reporting Institution with Bank Negara Malaysia

Popular cryptocurrency exchange platform, Luno, today announced that they have formally registered with Bank Negara as a reporting institution as required by the policy document: Anti- Money Laundering and Counter Financing of Terrorism (AML/CFT) – Digital Currencies (Sector 6) which

Read More

Allianz Malaysia Partners With PolicyStreet For Digital Distribution

Allianz Malaysia Berhad is partnering with PolicyStreet to provide Malaysians with better online access to insurance products. PolicyStreet is an insurance technology company which offers an online curated platform with an aim to provide simple and affordable insurance solutions that cater

Read More

AXA Affin Insurtech Play: Digital Insurance & Partnerships

AXA Affin announced their insurtech play AXA eMedic, which focuses on offering low barrier to entry e-medical cards targeted at young professionals and families. According to its CEO, Rohit Nambiar, much of the insurance sector currently focuses on roughly 6

Read More

Fintech Malaysia News Round Up – March 2018 Top 5 Stories

Malaysia’s fintech scene is becoming increasingly active, it is sometimes difficult to keep track of all the important events, here’s March’s edition of our news roundup featuring the top 5 stories in the Fintech Malaysia scene. If you’re interested to

Read More

Hong Leong Introduces AI Powered Chatbot, But This Time It’s for Their Employees

Hong Leong Bank introduces an AI enabled virtual assistant named HALI, which it claims will help it to improve operations efficiency by 60% over the course of the year. HALI, is powered by Hyperlab which specialises in artificial intelligence (A.

Read More

iPay88 Attempts at Banking the Underbanked with Virtual Accounts

iPay88 today announces its latest offering known as the ‘Virtual Account’ – a payment solution that is targeted at the country’s ‘underbanked’ communities. Malaysia has a total population of 31.3 million as of 2017, with about 22.6 million being adult

Read More