Malaysia

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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Robo Advisors Are Coming To Malaysia, Here’s Why You Should Care

I’ll admit, I was a tad disappointed when I first learned that robo advisors aren’t some form of Jarvis or a virtual Alfred. That being said, actual robo advisors are still quite an interesting type of technology—no really, I’m serious

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Winners for Malaysia’s First Fintech Award

It’s been a great journey being part of Malaysia first Fintech Award we’re proud to have been one of the 4 judges appointed to help recognize the achievements and the progress of the fintech industry in Malaysia, the award was

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Here Are The Nominees For Malaysia’s First Fintech Awards

The nominees for the Malaysia Fintech Awards 2018 has finally been announced, as this is the first event at this scale that is recognising the achievements of the industry we’re really excited to see who the winners will be. The

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Are Regulations Restrictive for Banks to Innovate in Malaysia?

Earlier this February, CIMB Group Holdings Bhd chairman Datuk Seri Nazir Razak told The Edge that the current strict regulations in the banking industry is not creating a conducive environment for banks to be creative or innovative to respond to the oncoming

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