E-Wallets

Merchantrade Inks Deal With Ant Group to Offer Remittance Services to Alipay Users

Merchantrade, a digital money services business operator and e-money issuer, has entered into a partnership with Alibaba’s Ant Group. The collaboration allows customers of Merchantrade in Malaysia and Singapore to facilitate real-time remittances to Alipay users in China, with funds

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Maybank’s Add News Key Features to Its Refreshed MAE App

Maybank today launched mobile banking and e-wallet app called MAE by Maybank2u, an app they said is built to help Malaysians take charge of their everyday money matters, beyond their regular banking needs. Maybank’s Group President and Chief Executive Officer,

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Fave Adds GrabPay Wallet Onto Its Platform

Fave is now providing GrabPay as a new payment option in the former’s app, to enhance convenience and cashback savings for their users in Malaysia. This will enable customers to spend their GrabPay credits at more than 17,000 F&B outlets

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Boost E-Wallet Integrates With Petronas’ Setel to Drive Interoperability

Setel, Petronas’ e-payment solution that enables fuel purchases directly from mobile devices, announced that it will be fully integrated into the Boost app. Driving interoperability between the two platforms, this partnership expands Boost’s offerings under its ‘Transport and Transit’ portfolio.

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Kenanga Partners with Merchantrade to Launch Their Own E-Wallet, Kenanga Money

Kenanga Investment Bank Berhad (Kenanga) today announced its partnership with Merchantrade Asia Sdn Bhd (Merchantrade) to introduce their e-wallet, Kenanga Money, which will be supported by a Visa prepaid card feature. Kenanga said that this marks the bank’s entry into

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You Can “Setel” More Than Just Fuel at Petronas With New In-Store Payment Feature

Setel, Petronas’ e-payment solution that enables fuel purchases directly from mobile devices, has expanded its services with the addition of the Deliver2Me feature for in-store cashless payments. Deliver2Me allows Setel users to purchase selected items from participating Kedai Mesra outlets

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MyMy Secures Malaysia’s Largest Fintech Seed Funding Round of RM 12 Million

MyMy today announced that it has secured Malaysia’s largest fintech seed round of RM 12 million at the valuation of RM 50 million. Koperasi Angkatan Tentera Malaysia Berhad led this fund raising round with an investment of RM10 million. The

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Merchantrade Acquires Valyou From Telenor Group

Merchantrade, a digital money services business operator and e-money issuer, has acquired a 100% stake in Valyou from the Norwegian Telenor Group following a competitive bidding exercise. Valyou is a mobile fintech player in Malaysia and a cross-border digital remittance

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Boost Expands Digital Insurance Services Following US$70M Investment from Great Eastern

Axiata Digital’s e-wallet Boost has introduced a suite of affordable and accessible micro insurance/takaful coverage under ‘Boost Protect’. This new feature available under the ‘Insurance’ tile in the app marks Boost’s foray into expanding the use of its e-wallet beyond

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Boost Sees 140% Spike in Gross Transaction Value

E-wallet operator Boost said in a media statement that Malaysian consumers have embraced a digital lifestyle and made contactless payments as the key payment method during the Recovery Movement Order (RMCO). This comes as Boost is reporting 140% increase in

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