Various

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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Labuan IBFC’s Financial Services Community Band Together to Combat COVID-19

Labuan International Business and Financial Centre, Labuan IBFC’s financial services and intermediation community have come together to assist local authorities in relief efforts via the pooling of resources. Labuan IBFC’s Cross-Industry Group comprising of all the industry associations representing licensed

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Experts Share Their Views on How Fintechs Can Navigate the COVID-19 Crisis

The COVID-19 pandemic has proven to be a strain, not just on our healthcare systems, but also on the global economy as well. Besides being concerned about the wellbeing of fellow humans, businesses are also growing increasingly concerned about surviving

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Axiata, Celcom and Boost Launches RM150 Million Fund to Aid Micro-SMEs Impacted by COVID-19

Axiata Group alongside its subsidiaries edotco and Axiata Digital announced the launch of a RM 150 Million cash funds to provide financial assistance to micro-SMEs. Axiata’s COVID-19 Assistance Program includes an initial contribution of RM20 million from the Ministry of Finance.

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Tengku Zafrul Resigns as CIMB Group CEO to Take on Role Of Malaysia’s Finance Minister

CIMB today announced that Tengku Dato’ Sri Zafrul has resigned as its Group CEO and CEO of CIMB Bank Berhad with immediate effect. This announcement came shortly after Tan Sri Dato Haji Muhyiddin Yassin announced Malaysia’s Cabinet line-up which included

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