Lending

IOUpay Touts Market Leadership for Months Despite Only Launching BNPL Solution Today

Australia Stock Exchange (ASX) listed IOUpay announced today the official launch of its Buy Now, Pay Later (BNPL) service, myIOU. IOUpay is a subsidiary of Malaysian technology firm iSentric who was best known within the industry for providing mobile banking

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Funding Societies Disbursed RM1 Million in Financing for Foodpanda’s Merchants

Southeast Asian SME digital financing platform Funding Societies has announced a partnership with Foodpanda to offer short-term digital financing solutions for registered merchants under the latter’s network. The collaboration which has collectively disbursed RM1 million in financing, enables local micro,

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Carsome Ties up With Aspirasi to Offer Data-Driven Financing for Used Car Dealers

Southeast Asian integrated car e-commerce platform Carsome, has entered a partnership with Aspirasi, the micro-financing and micro-insurance provider under Axiata Digital, to offer data-backed digital financing solutions to used car dealers in Malaysia. The collaboration aims to provide hassle-free and

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Axiata Digital Acquires Majority Stake in Indonesian P2P Lending Operator

Boost Holdings Sdn Bhd, Axiata Digital’s fintech holding arm announced today a 68.75% equity acquisition into Indonesia’s, PT Creative Mobile Adventure which operates a telco supply chain model financing business under the brand KIMO and is a licensed P2P lending

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GHL Enables Grab’s BNPL Solution PayLater for Its Online Merchants

GHL Systems announced that the “buy now, pay later” (BNPL) feature PayLater by Grab will be available to its selected online merchants utilising the eGHL Payment Gateway. PayLater is a payment option piloted by Grab to provide users with a

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Boost Offers Low-Cost Financing Support for MSMEs this Ramadan

Boost issued a press statement saying that it will be prioritising micro-enterprises and SMEs this upcoming Ramadan by offering low-cost financing support to use as working capital for Ramadan sales through ‘Aspirasi Capital for Boost’. They said that this financing

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Mastercard-Backed Pine Labs Rolls Out Buy Now, Pay Later Offering in Malaysia

Pine Labs, an Asian merchant commerce platform backed by Mastercard, announced the launch of its Buy Now Pay Later (BNPL) offering in Malaysia. The company provides a tech-first offline payments solution where on a single terminal multiple credit issuers can

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Axiata’s Aspirasi Rolls Out Consumer Microloans up to RM 2,500 on Lazada

Aspirasi, a digital micro-financing and micro-insurance service provider under Axiata Digital, is now offering a flexible and fully-digital financing solution for online shoppers through Aspirasi CashNow. Available on e-commerce platform Lazada Malaysia, Aspirasi CashNow is open for application by all

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Buy Now Pay Later Platform Split Has Processed RM 10 Million in Transactions

Split, a Malaysian Buy Now Pay Later (BNPL) platform, announced that it has processed RM 10 million in transactions for Malaysian businesses nationwide within months The platform enables merchants to offer up to 3 interest-free installments to their customers who

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P2P Lender microLEAP Receives RM3.25 Million Funding From MAA Group

microLEAP, Malaysian platform that offers both Islamic and Conventional Peer-to-Peer (P2P) financing, announced a successful RM3.25 million funding round, made up of RM1.25 million in equity and a RM2 million advance. The RM3.25 million will be used for advertising and

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