Archive
Will Ablr’s Ethical Approach to BNPL Stand The Test of Time?
”The “Buy Now, Pay Later” (BNPL) phenomenon has taken the world by storm. The concept is simple: customers can purchase and pay for items later, in installments, without accruing interest. BNPL has been a godsend for many people, allowing them
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Insurtech Startup Ouch! Raises Pre-Series A, Eyes Digital Takaful License
Ouch!, a tech-enabled insurance platform has announced a fully subscribed six figures pre-series A round and is set to continue this momentum with Ouch! exercising Its over-allotment for additional investors to come on board. This follows their RM 1.5 Million
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Thai Unicorn Launches its TrueMoney E-Wallet in Malaysia’s Crowded Market
TrueMoney, a payments player and a subsidiary of Ascend Money announced today their launch in Malaysia. During their press event, they also announced that they are now the “official payment” provider for all of Lotus’s hypermarket locations across the country.
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Fave Offers Cashback Loyalty Programme for 18 Million Touch ‘n Go eWallet Users
Southeast Asian payments platform Fave has partnered with Touch ‘n Go Group’s TNG Digital to launch a loyalty programme and earn up to 15 percent cashback across 17,000 F&B outlets and retailers. More than 18 million Touch ‘n Go eWallet
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Tune Protect Gets Approval for BNM Sandbox
Tune Protect Group announced that its wholly owned subsidiary Tune Protect Ventures (Tune Protect Life) has received Bank Negara Malaysia’s (BNM) approval to participate in the Financial Technology Regulatory Sandbox. Tune Protect Life will provide simple and affordable pure life
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Boost Rolls Out Merchant B2B Wallet With Limit of up to Half a Million
Axiata Group’s fintech arm Boost announced that it has launched its Merchant B2B Wallet with a limit of up to RM500,000. The Merchant B2B Wallet is integrated into the existing Boost Biz app with a QR code payment functionality. The
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Indonesian Payments Unicorn Xendit Officially Expands to Malaysia
Indonesian fintech unicorn Xendit announced that it has officially made its entry into the Malaysian market to offer its payment solution for businesses. Former Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz had previously announced that Xendit would be relocating
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MoneyLion’s Malaysian Co-Founder Foong Chee Mun Steps Down as CTO
Foong Chee Mun announced in a LinkedIn post that he will be stepping down as the Chief Technology Officer of MoneyLion. He said the decision was made after “much thought and consideration” and that it was time for him to
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Revenue Group Names Former GHL Top Exec Danny Leong as New Group CEO
Payment solutions provider Revenue Group announced that it has appointed Danny Leong Kah Chern as its Group Chief Executive Officer effective 6 January onwards. Leong has more than 28 years of experience in driving growth in companies across ASEAN from
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Gary Yeoh Joins PayNet as CCO After Hops at Fave and Atome
Malaysian payments network and infrastructure provider PayNet has appointed Gary Yeoh as its new Chief Commercial Officer. The new appointment to oversee PayNet’s commercial operations follows an eventful year for Yeoh, a veteran of the Malaysian payments scene who had
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