Tag "Grab"
Grab’s GXBank First Digibank to Receive BNM Approval to Kick Off Operations
GX Bank Berhad (GXBank), the Grab-led digital bank, has been granted approval to begin operations effective 1 September 2023 by the Minister of Finance and Bank Negara Malaysia (BNM). This makes GXBank the first of the five digital bank license
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Adelene Foo Appointed as Managing Director of Grab Malaysia
Southeast Asian superapp Grab has appointed Adelene Foo as Managing Director of Grab Malaysia to succeed Sean Goh, who assumes the position of Regional Head of Deliveries and Mobility. In her role, Adelene will oversee the business strategy and operations
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GHL Rolls Out Grab’s BNPL Service PayLater for Physical Stores
Payment solutions provider GHL Systems will continue the rollout of Grab‘s Buy Now, Pay Later (BNPL) service for its in-store merchants following the enablement of PayLater back in 2021 for online purchases. PayLater by Grab gives consumers the flexibility of
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Grab’s PayLater Extended to Non-Active Users, Can Now Be Used in Physical Stores
Superapp Grab has added updates to its “buy now, pay later” (BNPL) feature PayLater by extending the payment option to in-store purchases. With this extension, shoppers now have more flexibility to pay for their purchases over time. Additionally, Grab will
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Grab Financial Group Unveils Its New Brand “GrabFin”
Southeast Asian fintech platform Grab Financial Group (GFG) announced that it will be launching GrabFin, a new brand for its digital payments, insurance, lending and wealth management offerings. GrabFin offers Grab users a single entry point to access payment, investment
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Grab to Hire 200 Staff for Its New Digital Bank in Malaysia
Grab Holdings Limited and Singtel announced today that GXS Bank Pte. Ltd., their digital bank joint venture, and a consortium of Malaysian investors including Kuok Brothers Sdn. Bhd (the “Malaysia digital bank consortium”) have been selected to receive a full
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Grab Partners Sedania to Roll Out Islamic Lending Products its Gig Workers
Grab Financial Group (GFG) Malaysia and SEDANIA As Salam Capital Sdn Bhd (SASC) are partnering to offer Grab Cash Financing-i, a shariah-compliant financing product, to eligible Grab drivers and delivery partners. Grab Cash Financing-i aims to provide its gig workers
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GrabPay Enhances Online Payments Security With Biometrics
GrabPay announced that it has recently strengthened its safety and security features designed to protect its users from fraud and security risks. The in-app wallet of superapp Grab has multi-layer security features will enable users to perform real-time digital transactions
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Are Gig Platforms Doing Enough to Promote Financial Inclusion?
Comprising over 75 per cent of employment in Southeast Asia, gig workers provide the horsepower to fuel the region’s meteoric rise. Defined by its speed and convenience, the gig economy consists of individuals providing services on temporary or short-term contracts.
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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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