Archive
Rebooting SME Banking in Southeast Asia
Despite playing a significant role in Southeast Asian economies, most small and medium-sized enterprises (SMEs) still have limited access to financing and remain to this day largely underserved by traditional banks. According to the World Bank IFC’s estimates, there is
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Jirnexu Inked Deals With More Than Five Digital Banking Consortia
Malaysian fintech company Jirnexu announced that it has signed strategic partnership agreements with more than five consortia in their bids for a digital banking license. They said that with Jirnexu’s broad customer base and in-depth understanding of their financial needs
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Are Gig Platforms Doing Enough to Promote Financial Inclusion?
Comprising over 75 per cent of employment in Southeast Asia, gig workers provide the horsepower to fuel the region’s meteoric rise. Defined by its speed and convenience, the gig economy consists of individuals providing services on temporary or short-term contracts.
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CapBay Introduces Guarantee Programme for P2P Investments Backed by a Reserve Fund
CapBay, a Malaysian P2P supply chain financing platform, launches CapBay Assure; a guarantee programme that protects an investor’s principal and interest through a reserve fund while ensuring net returns (after fees) of up to 6% p.a. The Assure Programme is
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Malaysia Displays Strong Readiness for Digital Banking Services, Visa Study Says
Visa released new findings from its study which highlighted that over 74% are aware and 66 percent are interested in using digital banking services. According to the Visa Consumer Payment Attitudes study, the nation has seen a significant acceleration in
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Australia’s Fatfish Group to Roll Out its “PaySlowSlow” BNPL Services In Malaysia
Melbourne-based tech venture builder and accelerator Fatfish Group (FFG) announced that it is establishing a new retail Buy Now, Pay Later (BNPL) brand PaySlowSlow in South East Asia. PaySlowSlow will be its flagship brand that will be undertaking FFG’s retail
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BigPay Pushes Into Thailand With Acquisition of Gojek’s Thai Payment Business
BigPay is accelerating its entrance into Thailand following Airasia’s recent acquisition of Gojek’s Thailand business through its digital arm in a deal worth RM208 million (US$50 million). This move comes ahead of AirAsia‘s plans to launch a super app in
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MoneyMatch Raises RM 18 Million Led by KAF Investment Bank, Confirms Digital Banking Bid
Malaysian fintech startup MoneyMatch announced today the successful closing of its Series A fundraising round totaling MYR 18.5 million over two tranches, initially led by Cradle Seed Ventures in 2019 and now has been closed with KAF Investment Bank leading
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Atome Teams up With Pine Labs to Expand Its BNPL Acceptance in Malaysia
Singaporean Buy Now, Pay Later (BNPL) platform Atome announced that it has partnered with Pine Labs, an India-based merchant commerce platform, to expand its BNPL acceptance in Malaysia. They said that this offering enables seamless, flexible instalment payment options across
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MIDF’s New Digital Investment Platform Allows Malaysians to Invest in US Stocks and ETFs
MIDF Amanah Investment Bank, a subsidiary of Malaysian Industrial Development Finance (MIDF), unveiled its online investment platform MIDF Invest which allows Malaysians to invest in stocks and ETFs listed on the New York Stock Exchange (NYSE) and Nasdaq. The MIDF
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