WealthTech

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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Touch ‘n Go Expects 1 Million Users for Its New Wealthtech Offering GO+

Touch ‘n Go Group (TNG) formally announced today the launch of GO+, a financially inclusive investment product for which it expects 1 million users in 2021. GO+ allows TNG’s Malaysian e-wallet users above the age of 18 years old to

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Malaysian Retail Investors Return to the Fold on the Back Digital Acceleration and COVID-19

Securities Commission Malaysia (SC) revealed during their annual report press conference today, that 2020 has seen heightened participation from retail investors. Datuk Syed Zaid Albar, Chairman of SC shared with members of the media that this was evidenced by the

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Kenanga Granted License to Operate Robo Advisor by Securities Commission

Kenanga Investment Bank revealed on Monday that it had received a Digital Investment Manager license from Securities Commission Malaysia. The newly granted license allows for Kenanga to operate a robo advisor. Currently, there are 7 other companies in Malaysia with

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Principal To Offer E-Investment Solution Through Touch ‘n Go E-Wallet

Principal Asset Management Berhad has announced the launch of its latest product, the Principal e-Cash Fund to make investing accessible and easy for Malaysians. The Principal e-Cash Fund will be made available soon through a landmark strategic partnership with TNG

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From Fintech Fund to Crypto Exchange — What’s Next On Kenanga’s Digital Roadmap?

The name Kenanga Investment Bank has been plastered across headlines recently, a shift from its previously media-shy nature. Backed by 45 years of history, Kenanga is the largest independent investment bank in Malaysia with RM 14 billion Assets Under Management

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