Various

What is MDEC’s Game Plan for Fintech in Malaysia

MDEC is a name that is familiar to most in Malaysia as the agency that acts as an enabler for Malaysia’s digital economy. The agency has also been active on the fintech front — from launching a congregational point that

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Green Packet Acquires eKYC Specialist Firm Xendity for US$ 10 Million

Green Packet Berhad announced today that it is acquiring technology firm Xendity which specializes in identity verification processes using e-KYC (electronic know your customer) technology. KYC is an established concept in banking involving the mandatory process of identifying and verifying

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Fintech-Focused VC Tuas Capital Partners With Hive to Participate in Malaysia’s Investment Matching Scheme

Tuas Capital, a fintech-focused VC which counts companies like MoneyMatch and Jirnexu among its portfolio announced that it will be collaborating with The Hive to participate in the Malaysian Government’s soon to be announced Dana PENJANA Nasional matching program.  The

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Razer Fintech to Sponsor Free Masks for All Adult Residents in Malaysia

Razer and Berjaya Corporation, through their partnership in Razer Fintech, the financial technology arm of Razer, have announced plans to sponsor high quality certified surgical masks for all Malaysian adults and residents as a part of the #RazerForLife initiative. The

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eToro Added to Securites Commission’s Investor Alert List of Unauthorised Entities

Following a statement from Securities Commission Malaysia on Tuesday which warned investors that eToro is not a licensed or a registered entity that is permitted to carry out regulated activities in Malaysia, the regulator has added the digital trading platform

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Securities Commission: eToro is Not Licensed to Operate in Malaysia

In a press statement announcing the extension of their commission-free stocks offering to clients in Asia-Pacific, eToro shared that 11% of their customers in Malaysia. In response to Fintech News Malaysia’s clarification of the eToro’s legality to operate in Malaysia,

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Alibaba Cloud Launches USD 30 Million Global SME Enablement Program

Alibaba Cloud, the data intelligence backbone of Alibaba Group, today launched a Global SME Enablement Program to provide cloud technology relief worth more than USD 30 million to new and existing small and medium-enterprise (SME) customers around the world and

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5 Fastest Growing Fintechs in Malaysia According to IDC

IDC Financial Insights today released the 2020 update of its FinTech Fast 101 research which details a list of fast-growing fintechs in Asia/Pacific excluding Japan (APEJ) from 11 key markets. IDC’s FinTech Fast 101 research refers to fast-growing fintech players

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Fintech Industry Group Lays Out Specific Aid It Needs from The Government to Survive

Fintech Association of Malaysia issued a statement urging the Malaysian government to help fintech startups survive the MCO and ride-out the COVID-19 pandemic. The association which represents over 200 fintech firms operating in Malaysia likened the industry as the “B40

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3 Ways That Grab is Helping to Tackle the COVID-19 Crisis in Malaysia

COVID-19 has no doubt proven to be one of the greatest adversity that our nation has faced in recent times. It is during these difficult times that it becomes more important for us to unite and do our part to

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