Tag "Boost"

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

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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

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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

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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

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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

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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

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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

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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

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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

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Boost Launches eDonation Feature to Provide Assistance for Flood Victims

Axiata Digital’s e-wallet Boost is running an eDonation campaign to help provide much needed assistance for flood victims following the devastating floods that have impacted several Malaysian states. Boost users can eDonate directly today to local humanitarian organisations such as

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