WealthTech

New Raiz App Update Allows Children to Learn Budgeting, Saving, and Investing

Raiz, a joint venture company between Raiz Invest Australia and Permodalan Nasional Berhad (PNB), is introducing an updated version of its Raiz Kids feature within its savings and investment app. The Raiz app enables its users to cultivate a regular

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SC Malaysia Broadens Sophisticated Investor Criteria to Include Knowledge, Experience

The Securities Commission Malaysia (SC) has expanded its definition of sophisticated investors, aiming to make the capital market more accessible. The revised “Guidelines on Categories of Sophisticated Investors,” effective immediately, are part of the SC’s efforts to enhance market competitiveness

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Principal Malaysia Taps AWS for Major Cloud Transition

Principal Malaysia, a joint venture between the Principal Financial Group (PFG) and CIMB Group Holdings, has announced its decision to adopt Amazon Web Services (AWS) as its primary cloud provider. This move is part of Principal’s strategy to advance its

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Bursa Malaysia Transforms Into Multi-Asset Exchange With New Logo and Offerings

Bursa Malaysia has unveiled a refreshed brand logo as the exchange announces the launch of direct-to-market investment products and services including the Bursa Gold Dinar, MyBURSA Customer Portal, and BURSA REACH. This move signals the bourse’s step towards becoming a

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Airo Launches in Malaysia for Personalised, Affordable Investing From RM50

Malaysian fintech CP Global Fintech Solutions has launched its digital investment platform Airo with the aim to democratise investing in the country by offering services starting from RM50. Airo’s platform is designed to simplify investment for beginners while providing advanced

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iFAST Invests RM150 Million in New Malaysian AI Hub Over Next 5 Years

iFAST Corporation, a digital banking and wealth management platform headquartered in Singapore, has launched its iFAST Global Hub.ai in Malaysia as part of its three-year growth plan to establish its global presence. The newly transformed hub, previously known as iFAST

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Versa PRS Hits RM1 Million in Cash Ins Within 5 Days of Soft Launch

Malaysian millennials and Gen Zs are embracing the newly launched Versa Private Retirement Scheme (PRS), with over RM1 million in cash ins within 5 days of its soft launch. Managed by AHAM Capital and regulated by the Securities Commission Malaysia,

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SC Malaysia Launches Shariah Mentorship Programme to Build Talent Pipeline

The Securities Commission Malaysia (SC) has launched the Shariah Mentorship Programme, a three-year initiative to build a sustainable talent pipeline of Shariah professionals in the Islamic capital market (ICM). The programme is administered by ISRA Consulting, a wholly-owned subsidiary of

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Will the Digital Future of Wealth Management in Malaysia Cater to All?

The wealth management landscape has significantly transformed in Malaysia and worldwide. The advent of digital technology and changing investor behaviours have opened up new opportunities for wealth managers.  This panel discussion, titled “Reshaping the Future of Digital Wealth in Malaysia,”

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Touch ‘n Go eWallet to Offer Wider Access to Bursa Malaysia Investment Products

Touch ‘n Go (TNG) eWallet’s GOinvest feature to offer wider access to Bursa Malaysia investment products, thanks to a collaboration with Bursa Malaysia and Affin Hwang Investment Bank Berhad (AHIBB). This move is part of an ongoing effort to democratise

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