Various

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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Fintech Events in Malaysia You Should Consider Attending in 2020

Events are often a good way to connect and reconnect with people from the industry. In keeping with our yearly tradition, we endeavor to list down all the relevant fintech events in Malaysia that the community can consider attending. Our

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Top 20 Malaysian Fintechs in 2020

It’s been nearly 3 years now since we last highlighted the best fintech startups that Malaysia has to offer. Since then there have been many players who have come and gone. As we enter 2020, it felt appropriate for us

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Fintech Malaysia Report 2019 — How is Malaysia’s Fintech Scene Doing?

In 2017, we started Fintech News Malaysia with a simple goal — to help shine the spotlight on deserving fintech startups in Malaysia. In line with that, we publish our Fintech Malaysia report on an annual basis to provide anyone

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SoCash’s Latest Partnership to Enable ATM-Free Cash Withdrawals at 10,000 Location

soCash a Singaporean fintech startup that enables users to withdraw cash from retailers, has announced their partnership in Malaysia with Angkatan Koperasi Kebangsaan Malaysia Berhad (Angkasa) to establish ATM free cash withdraw at services operated by Malaysian cooperatives. SoCash’s services

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RAMCI is The Latest in Experian’s Investment Spree into Data Companies

Experian, the global information services company announced this week that they have acquired a controlling stake in local credit bureau RAM Credit Information Sdn. Bhd (RAMCI). This acquisition is the latest in Experian’s spree of investing in companies specifically with

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Tranglo’s Minority Shareholders Sues Hong Kong Based “Unicorn” TNG Fintech Group

Minority shareholders of Malaysian based payments company Tranglo has filed an oppression suit against TNG Fintech Group which acquired 60% of equity in Tranglo from Ekuinas in October 2018. In a media statement to Fintech News Malaysia, they claimed that

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EPF Enables User to Invest in Trust Fund Directly from Its Platform with i-Invest

The Employees Provident Fund (EPF) today launched its latest offering, i-Invest. It is a self-service online platform that is accessible within the Members section of i-Akaun and enables eligible members to directly invest a portion of their Account 1 savings

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ASEAN Needs to Address Several Gaps to Be at the Forefront of Fintech

Experts in both the public and private sectors all agreed that ASEAN stands to be at the forefront of the development of financial technology fintech by making financial services and financing available to both the 53% of unbanked population and

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