Malaysia
MyCash Online Expands Remittance Service to Australia
MyCash Online is a marketplace designed to help the massive swaths of migrants in Malaysia and Singapore that do not have access to online banking or credit cards. This goal allowed the platform to gain a significant footing in Malaysia’s fintech,
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Petronas Customers Can Now “Setel” Petrol Payments With The Tap of an App
Petronas just announced the launch of Setel, an e-payment solution geared towards fuel purchases directly from mobile devices. The app is designed to integrate directly with the fuel pumps, which would allow customers to purchase fuel with a few taps.
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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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Sneak Peek into the New RinggitPlus Chatbot and Revamp
RinggitPlus the financial comparison site brand owned by Malaysia’s top funded fintech company Jirnexu, has announced an overhaul of their site and along with it a new site-wide chatbot functionality. During their press conference, they have stated that these changes
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How Malaysia Measures Up To Southeast Asia’s Payments Landscape
According to SKMM, Malaysia’s smartphone penetration grew from 68.7% in 2016 to 75.9% in 2017, and by all measures, will most likely show an upwards trend this year too. This puts our smartphone penetration at a slightly higher value than
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Startup Now Ranked Top 5 Funded Malaysian Fintech with Its US$ 3.5 Mil Pre-Series A
Malaysian fintech startup Goals101 through its India-based entity recently secured US$ 3.5 Million in a Pre-Series A round with US-based Nexus Ventures Partners. This round of funding impressively puts them among the list of the top 5 funded fintech companies
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13 Industry Leaders’ Predictions About Where Malaysian Fintech is Headed
SuperCharger, a fintech-focused accelerator operating in KL and Hong Kong have come out with the first of their first Malaysian Fintech Ecosystem report outlining the uniquely Malaysian situations that shape the ecosystem here–particularly regarding trends and potential in the space.
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Malaysians Can Now Link Their Hong Leong Debit Cards to WeChat Pay
Malaysians who own a Hong Leong debit card can now start treating the freshly-launched WeChat Pay as their extended Hong Leong account, with the announcement of a new partnership between the e-wallet and the bank. Now, users can link their
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Securities Commission Takes Action Against Unauthorised P2P Platform LendingStar
The Securities Commission Malaysia (SC) has ordered LendingStar to cease all activities with immediate effect, in a directive issued on the 23rd of July 2018. SC’s decision follows an inquiry which revealed that LendingStar is not registered to run in a recognised
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Hong Leong Seeks Fintech Startups For Its HLB LaunchPad Mentorship Programme
Last year, Hong Leong Bank Berhad launched its inaugural HLB LaunchPad with a vision of helping Malaysian fintech startups rethink the whole industry—similar to how ride-hailing reimagined the public transportation industry. To that end, Hong Leong is now opening up
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