Archive
Boost Offers Malaysians Free Insurance Coverage For COVID-19
Boost together with Prudential announced a joint initiative to help protect Malaysians by providing free COVID-19 coverage exclusive to Boost users. Between 24 February 2020 to 30 April 2020, verified premium Boost users who are not existing Prudential and Prudential
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After Leading the Equity Crowdfunding Market for 3 Years, pitchIN Sets its Sights on IEO
pitchIN revealed today in its annual Equity Crowdfunding Report that the company continues to lead the equity crowdfunding market for the third consecutive year with 72% market share of total funds raised and 53.8% of campaigns in 2019. 2019 proved
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Merchantrade Receives BNM Approval to Increase E-Wallet Limit Size to RM 20,000
Merchantrade announced today that their multicurrency e-wallet has obtained regulatory approval to increased its wallet size from RM 10,000 to RM 20,000. Their VISA enabled multicurrency e-wallet was launched in January 2018, and it is primarily used travellers to exchange
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Securities Commission and Bursa Malaysia Sets up a Regulatory Subsidiary
The Securities Commission Malaysia (“SC”) and Bursa Malaysia Berhad (“Bursa Malaysia”) announced Tuesday that Bursa Malaysia will establish a wholly-owned subsidiary (“Bursa RegSub”) to assume the regulatory functions currently undertaken by Bursa Malaysia. SC’s chairman, Datuk Syed Zaid Albar shared
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Axiata Expects to Be Operating a Digital Bank by 2021
Axiata revealed at its group financial briefing results that it is currently in talks with 11 parties to bid for Malaysia’s virtual banking license. Malaysia is looking to issue up 5 licenses for virtual banks as outlined in the recently
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Stranger Pictures Launches ASEAN’s First Film Equity Crowdfunding Campaign on Fundedbyme
The first reward & equity-based film crowdfunding is officially launched in Malaysia; breaking the conventional film production and distribution practices that go unquestioned for too long. This fine blend between finance and entertainment industry is opening up a new frontier
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Dapat Vista Partners with Bank Islam and Bank Muamalat to Enable Digital Bail Payment
Dapat Vista, Bank Islam, and Bank Mualamalat inked an agreement on Wednesday to launch a digital bail payment solution, eJamin. The solution is said to be the first digital bail payment solution in Malaysia and South East Asia. Dapat Vista
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GHL Teams up with Axiata Digital’s Aspirasi to Provide Micro Lending Services
GHL Systems Berhad (GHL) and Aspirasi, a digital financing platform and fintech provider under Axiata Digital have formed a partnership to provide SMEs and micro-entrepreneurs in the country with digital access to GHL’s new financing business. This news follows their
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Singapore’s hoolah Brings its Interest-Free Pay Later Solutions to Malaysia
hoolah, a Singapore based company, is bringing their interest-free installment solution to Malaysia. Since their launch in 2018, hoolah has been working with a variety of merchants to allow for consumers to get what they need and want, while paying
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Bank Islam Partners KiplePay in Cashless Push for Universities
Bank Islam and KiplePay, a wholly-owned subsidiary of Green Packet announced this week that they have teamed up to launch KipleUNI, a programme to drive adoption cashless technologies. This collaboration integrates the KiplePay app and Bank Islam’s services and enables
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