Archive
MoneyMatch Embraces Ripple’s Blockchain Solution to Power Payments
Ripple, the enterprise blockchain solution for global payments, is announcing that five new customers across Europe and Asia will use xVia to power frictionless payments over RippleNet, among the companies announced is Malaysia’s very own fintech company MoneyMatch. xVia is
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Soft Space Secures Series B Funding from Sumitomo Mitsui, Eyes International Expansion
Soft Space announced the closing of a Series B investment with Sumitomo Mitsui Card Company (SMCC) a wholly-owned subsidiary of Sumitomo Mitsui Financial Group (SMFG), which is one of the largest financial groups in Japan. Founded in 2012 Soft Space
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State of Open Banking in ASEAN
Behind the futuristic glass walls of the Marina Sand Bay convention center, Money2020 celebrated its first Asian edition in Singapore. The acclaimed fintech conference series welcomed over 4000 participants who gathered to hear news about the latest fintech innovation in
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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
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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.
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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
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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
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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
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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
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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.
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