Lending
Earned Wage Access Platform Payd Raises RM7.5 Million in Seed Funding
Payd, a Malaysian earned wage access solution provider, announced that it has raised US$1.7 million (RM7.5 million) in a seed funding round led by IFS Capital. The round also received participation from 1982 Ventures and The Hive Southeast Asia, a
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TheLorry Partners With microLEAP for up to RM 500,000 in Shariah-Compliant Financing
Shariah-compliant P2P financing platform microLEAP announced a strategic and multi-faceted partnership with TheLorry, a Malaysian logistics tech platform. This strategic collaboration provides TheLorry with flexible and convenient invoice financing as well as term financing options through microLEAP’s network of local
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PayHalal Partners Atome to Offer Islamic Buy Now, Pay Later Feature
Syariah-compliant payment gateway PayHalal is now offering merchants participation in its inaugural iBNPL facility jointly offered with buy now, pay later (BNPL) platform Atome. This Islamic BNPL programme offered by PayHalal and Atome seeks to provide merchants with sustainable income
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Touch ‘n Go Offers Personal Loans up to RM10,000 Through “GOpinjam”
Touch ‘n Go (TNG) Group today announced the launch of GOpinjam, an inclusive digital personal loan that was developed in partnership with CIMB Bank. GOpinjam is available effective immediately to Touch ‘n Go eWallet users who are Malaysian citizens above
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AmBank Digitalises Its Supply Chain Finance Management With CapBay
AmBank announced that it has has partnered with Bay Supply Chain Technology, a member of the CapBay group of companies and a fintech company offering a digital Supply Chain Finance (SCF) platform. The partnership aims to enable integrated digitalisation in
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Grab Partners Sedania to Roll Out Islamic Lending Products its Gig Workers
Grab Financial Group (GFG) Malaysia and SEDANIA As Salam Capital Sdn Bhd (SASC) are partnering to offer Grab Cash Financing-i, a shariah-compliant financing product, to eligible Grab drivers and delivery partners. Grab Cash Financing-i aims to provide its gig workers
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Maybank Offers Digital Personal Loans With Disbursements in 10 Seconds
Maybank has launched its new Maybank Personal Digital Financing which provides instantaneous approval and subsequently disbursement within 10 seconds. Leveraging the bank’s comprehensive credit risk metrics and modelling capabilities, the new solution has a decisioning engine that can perform pre-qualification checks
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Malaysia Airlines Provides hoolah’s BNPL Payment Option for Its Fliers
Malaysia Aviation Group (MAG), the parent company of Malaysia Airlines, announced a regional partnership with Singaporean Buy Now Pay Later (BNPL) platform hoolah to provide a seamless and convenient payment option for travellers. Travellers in Malaysia, Singapore and soon Hong
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Malaysia Debt Ventures Sets up RM500K Pilot Fund via Funding Societies
The Malaysia Debt Ventures (MDV), a subsidiary of the Minister of Finance (MOF) and dedicated technology financier, is allocating a pilot fund of RM500,000 to be invested via Funding Societies, a Southeast Asian SME digital financing platform. This move aims
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BigPay to Roll Out Fully Digital Loans Regulated by KPKT
BigPay, a Capital A venture company and digital bank aspirant, announced the launch of its fully digital loans issued by “BigPay Later”, a wholly owned subsidiary within the group and a digital money lending license holder. The personal product issued
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