Archive
Mambu Launches Shariah Compliant SaaS Banking Platform
Mambu, the newly-minted fintech unicorn, has announced the launch of the Sharia-compliant version of its SaaS banking platform. The solution caters to the needs of Islamic banks and lenders globally. It was made available to customers from the end of
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GHL Partners Split to Offer Buy Now Pay Later to its Merchants
Payments firm GHL announced today they will be piloting a Buy Now Pay Later (BNPL) service for its merchants in Malaysia through a partnership with Split, a homegrown BNPL firm that has processed RM 10 million in transactions Consumers can
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FWD Kicks off Insurtech and Takafultech Accelerator Programme
FWD Insurance announced the launch of the FWD Start-Up Studio to support insurtech and takafultech startups in Malaysia, with seed funding of RM1.2 million over two years. The studio aims to build a new talent pool for insurance technology and
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Kiple Powers Selangor’s SELANGKAH Cashless Solution
SELANGKAH announced today their newly launched mobile app SELANGKAH Biz which enables registered businesses in Malaysia to accept cashless payments by turning their mobile devices into payment terminals. SELANGKAH, was originally designed by the state government as a QR contact
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Malaysian Retail Investors Return to the Fold on the Back Digital Acceleration and COVID-19
Securities Commission Malaysia (SC) revealed during their annual report press conference today, that 2020 has seen heightened participation from retail investors. Datuk Syed Zaid Albar, Chairman of SC shared with members of the media that this was evidenced by the
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Alibaba Cloud’s New Report Urges Financial Institutions to Embrace Cloud Technologies
In Malaysia, a robust digital infrastructure and governmental support have enabled the growth of fintech startups and rising adoption of technology by financial institutions. With fintech becoming increasingly important in Malaysia’s financial sector, incumbents and fintechs alike are urged to
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Kenanga Granted License to Operate Robo Advisor by Securities Commission
Kenanga Investment Bank revealed on Monday that it had received a Digital Investment Manager license from Securities Commission Malaysia. The newly granted license allows for Kenanga to operate a robo advisor. Currently, there are 7 other companies in Malaysia with
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Principal To Offer E-Investment Solution Through Touch ‘n Go E-Wallet
Principal Asset Management Berhad has announced the launch of its latest product, the Principal e-Cash Fund to make investing accessible and easy for Malaysians. The Principal e-Cash Fund will be made available soon through a landmark strategic partnership with TNG
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Malaysian Insurtech Ouch! Raises RM 1.5 Million in Seed Funding
Ouch!, a Malaysian-based digital insurance platform, announced that it had raised RM 1.5 million in a seed funding round from Vynn Capital and Temokin, along with a few angel investors. With the funding, the Ouch! team will be focusing on
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From Fintech Fund to Crypto Exchange — What’s Next On Kenanga’s Digital Roadmap?
The name Kenanga Investment Bank has been plastered across headlines recently, a shift from its previously media-shy nature. Backed by 45 years of history, Kenanga is the largest independent investment bank in Malaysia with RM 14 billion Assets Under Management
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