Tag "Kenanga Investment Bank"

Kenanga’s Robo-Advisor Crosses RM100 Million AUM Milestone in 2 Months

Kenanga Digital Investing (KDI) announced that it has crossed RM100 million in asset under management (AUM) two months since its launch in mid-February this year. Developed to make investing simpler and accessible for Malaysians, the AI – driven digital investment

Read More

Kenanga Debuts Its AI-Driven Robo-Advisor

Kenanga Investment Bank announced that it has launched its AI-driven robo-advisor that aims to simplify how Malaysians save and invest. The Kenanga Digital Investing (KDI) is licensed by the Securities Commission Malaysia and offers two products – KDI Save and

Read More

CapBay’s P2P Islamic Financing Platform Bags RM30 Million From Kenanga

CapBay, a Malaysian multi-bank supply chain finance and peer-to-peer financing (P2P) platform, has secured RM30 million investment from Kenanga Capital Islamic (KCI), a subsidiary of Kenanga Investment Bank Berhad (KIBB). The investment is a step forward to growing CapBay’s supply

Read More

Sarawak Emerges as the Third State To Bid for Digibank License With Kenanga, Revenue Group

The state government of Sarawak has joined forces with Kenanga Investment Bank and Revenue Group to submit an application for a digital banking license from Bank Negara Malaysia. The three entities formed a special purpose vehicle (SPV) for a consortium named

Read More

Kenanga and Malaysia Debt Ventures Establishes RM 300 Million Fintech Fund

Malaysia Debt Ventures Berhad (MDV) and Kenanga Investment Bank announced the establishment of a Fintech Fund, with a target fund size of RM 300 million to support the growth of fintech and further develop the venture capital industry in Malaysia.

Read More

Kenanga Dips Its Toe in Crypto With Tokenize Xchange Stake Acquisition

Kenanga Investment Bank Berhad (KIB) via its wholly-owned private equity arm, Kenanga Private Equity Sdn Bhd, has entered into a conditional agreement to acquire 19% equity interest in Tokenize Technology (M) Sdn Bhd, a digital asset exchange that allows trading

Read More

Kenanga Investment Bank Acquires ETF Fund Manager i-VCAP

Kenanga Investment Bank Bhd has acquired i-VCAP Management Sdn Bhd via its wholly owned subsidiary Kenanga Investors Bhd (KIB) following approval by the Securities Commission of Malaysia. i-VCAP is a Shariah-compliant investment management services provider primarily focused on Islamic exchange-traded

Read More

CapBay Snaps Up 49% Stake in Kenanga Capital Islamic to Set Up Islamic Fintech Joint Venture

CapBay, a Malaysian P2P supply chain financing platform, has acquired a 49% stake in Kenanga Capital Islamic, a subsidiary of Kenanga Investment Bank Berhad, forming a joint venture with the latter to create an Islamic Supply Chain Finance fintech firm.

Read More

Kenanga Partners with Merchantrade to Launch Their Own E-Wallet, Kenanga Money

Kenanga Investment Bank Berhad (Kenanga) today announced its partnership with Merchantrade Asia Sdn Bhd (Merchantrade) to introduce their e-wallet, Kenanga Money, which will be supported by a Visa prepaid card feature. Kenanga said that this marks the bank’s entry into

Read More