Tag "MoneyLion"

Who’s Next? Malaysian Fintech Experiences Wave of Co-founder Exits

In the rapidly changing world of fintech, an unexpected development occurred in Malaysia in 2023. Several renowned co-founders leaving their positions have grabbed attention and sparked discussions about the industry’s future. While these departures may seem unrelated, they might signify

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MoneyLion’s Malaysian Co-Founder Foong Chee Mun Steps Down as CTO

Foong Chee Mun announced in a LinkedIn post that he will be stepping down as the Chief Technology Officer of MoneyLion. He said the decision was made after “much thought and consideration” and that it was time for him to

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AEON’s Digibank ACS Digital Confirms Raja Teh Maimunah as CEO Ahead of 2023 Launch

Islamic digital bank consortium ACS Digital Berhad has appointed Raja Teh Maimunah Raja Abdul Aziz as its Chief Executive Officer effective today onwards. The official announcement confirms Fintech News Malaysia’s report on her appointment in October. Prior to joining the

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AEON’s Islamic Digital Bank to Appoint Raja Teh Maimunah as CEO

Ambank’s Managing Director of Wholesale Banking, Raja Teh Maimunah will be appointed as the CEO of Islamic digital bank consortium ACS Digital Berhad. While the announcement has not been made official yet, Fintech News Malaysia has it from a credible

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Aeon Credit and MoneyLion Consortium Set to Launch Islamic Digital Bank in 2024

The consortium comprising AEON Credit alongside its parent company AEON Financial Service and neobank MoneyLion has secured an Islamic digital banking license in Malaysia. Initially, AEON Credit and AEON Financial Service shall each hold 45% equity interest in the proposed

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MoneyLion’s Foong Chee Mun Becomes First Malaysian Fintech Founder on NYSE

After the completion of MoneyLion’s public listing on the NYSE, the company’s co-founder Foong Chee Mun becomes the first Malaysia fintech founder to be on the New York Stock Exchange. Foong who also serves as MoneyLion’s CTO announced plans to

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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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