Tag "bigpay"

BigPay Rolls Out DuitNow Offerings for Its Malaysian Users

BigPay, a Capital A venture company and digital bank aspirant, announced that it has rolled out DuitNow offerings for its users nationwide. With this move, BigPay’s users now have access to DuitNow QR and DuitNow Transfer for all payments. In

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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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MDEC Selects BigPay as Official E-Wallet Partner for eRezeki Programme

Digital bank aspirant BigPay announced that it is has been selected as the official e-wallet provider for the Geng #SayaDigital-eRezeki programme by Malaysia Digital Economy Corporation (MDEC). BigPay will provide full access to its suite of fintech solutions like e-money

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Digital Bank Aspirants Cautions Incumbents Not to Be Complacent

In week two of Fintech News Malaysia and Huawei’s Digital Banking Symposium, we continue the conversation by speaking to Malaysia’s digital banking aspirants. In our previous session Malaysian incumbent banks’ CEOs remarked that while digital banks will shake things up,

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BigPay Raises up to US$100 Million for Its Digital Banking Aspirations

Digital bank aspirant BigPay announced today that it has finalised up to US$100 million in financing from South Korean conglomerate SK Group. This is the first time any portfolio company within airasia Digital has secured financing of this size. The

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BigPay Pushes Into Thailand With Acquisition of Gojek’s Thai Payment Business

BigPay is accelerating its entrance into Thailand following Airasia’s recent acquisition of Gojek’s Thailand business through its digital arm in a deal worth RM208 million (US$50 million). This move comes ahead of AirAsia‘s plans to launch a super app in

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Here Are All The Digital Banking Contenders in Malaysia (So Far)

Editor’s Note: This article was first written on 29th June 2021, was last updated at 11:00 am 5th August 2021 to include new developments.   With the deadline for Malaysia’s digital banking license application being less than a day away,

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BigPay Enters into Digital Banking Bid with MIDF and Ikhlas Capital

BigPay has officially submitted its application for a digital banking licence to Bank Negara Malaysia. BigPay’s consortium include Malaysian Industrial Development Finance Berhad (MIDF), Ikhlas Capital and a foreign conglomerate with fintech expertise. They said in a statement that each

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GrabPay Excluded in Malaysia’s Latest RM 300 Million E-Wallet Credit Programme

The RM300 million eBelia programme, one of the initiatives announced by the Ministry of Finance (MOF) under Budget 2021, will be offered through four e-wallet service providers namely BigPay, Boost, ShopeePay and TNG eWallet. The list had surprisingly excluded GrabPay.

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BigPay Introduces Cash Top Up in All 7-Eleven Stores Across Malaysia

Digital banking aspirant BigPay announced that it is expanding its range of financial services with the launch of cash top up at all 7-Eleven stores across Malaysia. They said that over 1.3 million of BigPay’s Malaysian users can now top

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