Archive
Here Are All The Digital Banking Contenders in Malaysia (So Far)
Editor’s Note: This article was first written on 29th June 2021, was last updated at 11:00 am 5th August 2021 to include new developments. With the deadline for Malaysia’s digital banking license application being less than a day away,
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ANGKASA Joins Digital Banking Bid With Boustead to Serve 7 Million Cooperative Members
Angkatan Koperasi Kebangsaan Malaysia Berhad’s (ANGKASA) subsdiary MyAngkasa Digital Services, Boustead Holdings Berhad, and another party that they described as ” one of the world’s largest independent insurance brokerage company ” to apply for an Islamic digital banking license from
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Bank Negara Malaysia Received 29 Applications for Digital Banking License
Bank Negara Malaysia confirmed today in a statement that it has received 29 applications for a digital bank licence under the Financial Services Act 2013 and the Islamic Financial Services Act 2013, following a 6-month application period, which ended on
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Presto’s Parent Firm PUC Bids for Digital Banking License with 2 State Governments
E-commerce platform PUC announced that it has formed a consortium with two unnamed state governments and a conglomerate to submit an application for a digital bank license to Bank Negara Malaysia (BNM). The consortium is led by PUC, making it
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BigPay Enters into Digital Banking Bid with MIDF and Ikhlas Capital
BigPay has officially submitted its application for a digital banking licence to Bank Negara Malaysia. BigPay’s consortium include Malaysian Industrial Development Finance Berhad (MIDF), Ikhlas Capital and a foreign conglomerate with fintech expertise. They said in a statement that each
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Grab Confirms Digital Banking Bid in Malaysia with Singtel and “Malaysian Investors”
Following statements issued by Singtel to Singaporean press, Grab confirms that it has applied for a digital banking license through a joint venture between Grab and Singtel as part of a consortium of other Malaysian investors. The Grab-Singtel consortium had
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