WealthTech

Green Packet’s OCIB Plunges Into Crypto With Conditional Investment Bank License

Oasis Capital Investment Bank (OCIB), a fully-owned subsidiary of Green Packet has been awarded the conditional investment bank license from the Labuan Financial Services Authority (LFSA). The company is looking to specialise in digital asset portfolio advisory, management services as

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Touch ‘N Go’s Investment Offering GO+ Is Now Shariah-Compliant

Touch ‘n Go Group (TNG) and Principal Asset Management today jointly announced that Principal e-Cash Fund, the underlying fund for Touch ‘n Go’s GO+, is now Shariah-compliant. TNG said in a statement that this makes GO+ fund Malaysia’s first shariah

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U Mobile’s E-Wallet GoPayz Launches GoGold to Offer Digital Gold Purchase From RM5

Malaysian telecommunications service provider U Mobile’s standalone e-wallet GoPayz has collaborated with gold bullion trader ACE Capital Growth (ACE), a subsidiary of Ace Innovate Asia, to launch GoGold. This latest digital service found on the GoPayz app enables users to

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iFAST Malaysia’s FSMOne Offers Investment Opportunities in US and HK-Listed Securities

Singapore’s wealth platform iFAST Corporation announced that the group’s Malaysian operation, iFAST Capital, has launched trading capabilities in US and Hong Kong-listed securities. The offerings include stocks and Exchange Traded Funds (ETFs) on FSMOne, its Business-to-Consumer (B2C) online multi-asset digital

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CapBay Introduces Guarantee Programme for P2P Investments Backed by a Reserve Fund

CapBay, a Malaysian P2P supply chain financing platform, launches CapBay Assure; a guarantee programme that protects an investor’s principal and interest through a reserve fund while ensuring net returns (after fees) of up to 6% p.a. The Assure Programme is

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MIDF’s New Digital Investment Platform Allows Malaysians to Invest in US Stocks and ETFs

MIDF Amanah Investment Bank, a subsidiary of Malaysian Industrial Development Finance (MIDF), unveiled its online investment platform MIDF Invest which allows Malaysians to invest in stocks and ETFs listed on the New York Stock Exchange (NYSE) and Nasdaq. The MIDF

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Touch ‘n Go’s Wealthtech Offering GO+ Has Over a Million Users Already

Touch ‘n Go Group today announced that its GO+ users have surpassed the 1 million mark in just over two months following its launch in March 2021. Effendy Shahul Hamid, Group Chief Executive Officer at Touch ‘n Go Group said

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HSBC Malaysia Rolls Out a Unit Trust Investment Platform on Its Mobile App

HSBC Malaysia has launched EZInvest, a new unit trust investment platform on its mobile app to provide customers round the clock access to their investment portfolio. The EZInvest feature is available to both HSBC and HSBC Amanah customers. According to

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RinggitPlus Expands into Digital Financial Planning with RinggitPlus Advance

RinggitPlus, a financial marketplace owned by Jirnexu, has launched RinggitPlus Advance, a new one-to-one financial digital financial planning service for Malaysians. With the launch of RinggitPlus Advance, the fintech startup is tapping into its experience of digitalising a traditional industry

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Versa Secures RM10 Million in Deposits in Less Than Three Months

Versa, Malaysia’s latest digital cash management platform, today announced that it has achieved over RM10million in deposits in just three months since its soft launch in January. To date, Versa has registered more than 4,000 accounts averaging deposit amounts of

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