Tag "MoneyMatch"
Carsome CEO Says KAF-Led Islamic Digital Bank May Launch by Year End
The Islamic digital bank led by KAF Investment Bank aims to launch its operations by the year end or by early next year according to a report by TechNode Global. Besides KAF, the consortium also comprises local fintech startups MoneyMatch
Read MoreMoneyMatch Set to Raise Series B Following Digital Bank License Win
Malaysian fintech startup MoneyMatch announced that it is one of the participants of the consortium led by KAF Investment Bank which was recently selected to receive an Islamic digital banking license in Malaysia. The consortium also comprises Jirnexu, best known
Read MoreDigital 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,
Read MoreMoneyMatch Raises RM 18 Million Led by KAF Investment Bank, Confirms Digital Banking Bid
Malaysian fintech startup MoneyMatch announced today the successful closing of its Series A fundraising round totaling MYR 18.5 million over two tranches, initially led by Cradle Seed Ventures in 2019 and now has been closed with KAF Investment Bank leading
Read MoreMoneyMatch Announced As First To Graduate BNM’s Sandbox at MyFintechWeek
It’s official, MoneyMatch is now the first to graduate Bank Negara Malaysia’s regulatory sandbox. This was announced during a session titled “Thinking Inside the Sandbox” at MyFintech Week 2019 jointly organised by Bank Negara Malaysia and MDEC. This announcement follows
Read MoreMoneyMatch Becomes One Step Closer to Being the First to Graduate BNM’s Sandbox
MoneyMatch announced today they have been granted an approval in principle for a Class B remittance license from Bank Negara Malaysia. This makes MoneyMatch the first to receive an approval in principle among its sandbox peers, two of which has
Read MoreMoneyMatch Completed Its First Cross-Border Blockchain Transaction with Ripple
Following MoneyMatch’s earlier announcement that they will be embracing Ripple’s blockchain to power their payments in April, the fintech startup has recently announced that they have successfully conducted their first ever live cross-border transaction out of Malaysia on the blockchain
Read More13 Industry Leaders’ Predictions About Where Malaysian Fintech is Headed
SuperCharger, a fintech-focused accelerator operating in KL and Hong Kong have come out with the first of their first Malaysian Fintech Ecosystem report outlining the uniquely Malaysian situations that shape the ecosystem here–particularly regarding trends and potential in the space.
Read MoreMalaysian Fintech Startups are Well-Positioned for Regional Expansion
Amidst rising interest in fintech, startups in this vertical have been dished a rude awakening to abide by tightening guidelines and protocols set by regulatory institutions. Disregarding stricter protocols, such as e-Know Your Customers (e-KYC), could be detrimental to all
Read MoreMoneyMatch Embraces Ripple’s Blockchain Solution to Power Payments
Ripple, the enterprise blockchain solution for global payments, is announcing that five new customers across Europe and Asia will use xVia to power frictionless payments over RippleNet, among the companies announced is Malaysia’s very own fintech company MoneyMatch. xVia is
Read More