Malaysia

Financial Literacy Remains a Major Challenge in Malaysia Despite Rapid Wealthtech Adoption
Malaysia WealthTech

Financial Literacy Remains a Major Challenge in Malaysia Despite Rapid Wealthtech Adoption

In Malaysia, adoption of wealthtech and alternative asset classes has increased over the past year, but in order for the sector to reach its full potential, there’s a need to raise financial literacy levels, experts said. In a virtual panel

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5 Biggest Fintech Stories in Malaysia in 2019
Malaysia

5 Biggest Fintech Stories in Malaysia in 2019

We’re only 2 weeks away from 2020, for most Malaysians that grew up during the 80’s and 90’s Wawasan 2020 felt like it was a lifetime away and yet here we are, only a few days away from entering a

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MyCash Online Expands Remittance Service to Australia
Australia 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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FundMyHome is Fine, It’s Just Mismarketed
Lending Malaysia

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
Malaysia

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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Startup Now Ranked Top 5 Funded Malaysian Fintech with Its US$ 3.5 Mil Pre-Series A
Malaysia

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
Malaysia

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
Banking Malaysia Payments

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
Malaysia Various

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
Banking Digital Transformation Malaysia

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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