Lending
Why are Malaysian Proptech Companies Looking into Fintech?
There’s seems to be a trend emerging in Malaysia, in 2019 we’re seeing a surge of proptech firms embracing fintech. Earlier this month, iProperty released a home loan eligibility indicator called LoanCare, an online tool that compares and calculates home
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UOB Launches an App That Matches Property Buyers with Mortgage Bankers
UOB Bank just launched an app that matches prospective property buyers with the bank’s team or mortgage specialists. Named UOB GetBanker, the app allows a property buyer or agent can search for a mortgage banker based on whether they are
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Singaporean Fintech Launches Operations in Malaysia Following Investment from OSK
TurnKey Lender, a lending and loan origination company announces the opening of a new office Kuala Lumpur. Its main goal will be to physically represent TurnKey Lender and support the company’s operations in Asia. Fueled by funding from Malaysia-based OSK
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The Home Buying Process is Broken, Here’s How a Malaysian Fintech is Trying to Solve it
The current property buying process in Malaysia is broken. Let’s say you want to purchase a property, you usually begin the process by looking at areas that you like or developers that you trust. After what is likely several months
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Mudah.my Will Be Offering Personalised Loans On Its Marketplace Soon
Between insurance to credit card comparison sites, the realms of e-commerce have long gone beyond just Singles Day sales and ventured into avenues that used to require an agent and hidden fees. It seems like Mudah.my is attempting to jump
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FundMyHome is Fine, It’s Just Mismarketed
Of all of Budget 2019’s announcements, its peer-to-peer homeownership section has been the product of biggest contention. The FundMyHome scheme, which came surprisingly quickly following the budget’s announcement seems to be a very specific and very convenient extension of the budget announcement—raising the hackles and
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Funding Societies: New Expansion Could Help SMEs With Their Cashflow Woes
Funding Societies has announced that they will be launching financial services to complement their usual P2P funding platform—this time targeted at solving cashflow issues inundating SMEs. When conducting regular business, SMEs may face issues collecting invoices, especially when dealing with
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90% of Affordable Home Loans Are Rejected, So Here’s How Loanplus Aims to Help
There’s a housing crisis in Malaysia, and as of recent years has only grown worse. A contentious study released by Bank Negara Malaysia revealed that from 2016 to early 2017, only 24% of new property launches were in the range
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CTOS To Enable Real-Time Credit Decisions For Banks
Malaysia’s credit reporting agency CTOS recently launched a solution to enable banks to make real time credit decisions. This solution will allow banks to integrate its existing system into the CTOS Application & Decisioning solution to draw data and insights into
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Funding Societies Partners with Curlec, Automates Monthly Repayment to Investors
Funding Societies, a Peer-toPeer (P2P) financing platform in Malaysia, has announced a partnership with Curlec, a homegrown FinTech company specialising in direct debit payments. Funding Societies will be the first partner to adopt Curlec’s online Direct Debit system. With an
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