Tag "Boost"
Axiata’s Boost and RHB Gearing for Digital Bank Launch by End-2023
Axiata Group is set to launch its digital bank by the end of this year with the goal to turn profitable in the next three to four years according to a Bernama report. Boost, the fintech arm of Axiata Group,
Read More
Boost Rumoured to Be Raising up to US$100M to Expand Digital Banking Operations
Boost Holdings Sdn. Bhd., a fintech unit of Malaysia’s Axiata Group Bhd., is considering raising between US$50 million to US$100 million in a new funding round, according to anonymous sources familiar with the matter. Boost Holdings is working with a
Read More
Women Leaders Spearhead Digital Banking Revolution in Malaysia
The digital banking industry in Malaysia has undergone rapid evolution in recent years, revolutionizing the country’s financial sector by providing customers with fast, secure, and convenient banking services. Technological advancements and changing customer preferences have driven the growth of Malaysia’s digital
Read More
Boost Rolls Out Merchant B2B Wallet With Limit of up to Half a Million
Axiata Group’s fintech arm Boost announced that it has launched its Merchant B2B Wallet with a limit of up to RM500,000. The Merchant B2B Wallet is integrated into the existing Boost Biz app with a QR code payment functionality. The
Read More
Local Boost Merchants Can Now Accept DuitNow QR Payments From Thai Tourists
Axiata Group’s fintech arm Boost has partnered with the Payments Network Malaysia (PayNet), the national retail payments network infrastructure, to enable its merchants to accept cross-border payments from tourists from Thailand via its DuitNow QR. Tourists will only need to
Read More
Boost Launches Brand Refresh; Hints at Larger Wallet Size
Boost has launched its refreshed brand, along with an update on future plans. The refreshed brand introduces refined visual elements and a new “Be Unstoppable” tagline. Boost’s brand refresh is the next phase of the company’s repositioning exercise that started
Read More
Boost and RHB Geared to Offer Greater Financial Inclusion With Digibank License
Boost, the fintech arm of Axiata Group and RHB Banking Group has secured the highly anticipated digital bank license issued by Bank Negara Malaysia (BNM). In June last year, the partnership between Boost and RHB to form a digital bank
Read More
Axiata Digital’s RM980 Million Revenue Boosts the Group’s Strong Performance
Axiata Group has closed its financial year ended 31 December 2021 with strong operating performance as Axiata Digital’s revenue almost doubled to RM980 million mainly driven by growth at Boost and ADA. Boost is Axiata’s fintech arm and ADA is
Read More
Boost Forays into Islamic Fintech with New MSME Financing Scheme
Axiata’s fintech arm Boost is offering micro, small and medium enterprises (MSMEs) financing up to RM100,000 financed through its digital lending subsidiary Boost Credit that was formerly known as Aspirasi. ‘Capital Plus’ is a Shariah-compliant micro-financing facility based on commodity
Read More
Boost Sets Its Sights On BNPL and Southeast Asian Expansion Plans for 2022
Axiata Digital’s fintech arm Boost has its sights expanding its suite of services and deepening its regional presence following a year of growth in revenues and product innovation. Boost reported that its user base grew to over 9.6 million and
Read More