WealthTech

Securities Commission Malaysia’s Digital Innovation Fund Backs 3 Fintech Firms

The Securities Commission Malaysia (SC) has announced the first batch of three award recipients for its Digital Innovation Fund (DIGID). The DIGID is an initiative of the SC that was set up to co-fund innovative projects that demonstrate the use

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Maybank IB Taps Broadridge to Roll Out Securities Borrowing and Lending Platform

Maybank Investment Bank (Maybank IB) has partnered with Broadridge Financial Solutions, a US-based technology solutions provider, to launch a new securities borrowing and lending (SBL) platform for institutional investors. The front-to back platform is said to be fast, transparent, and

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Alliance Bank Taps Comarch to Build Its Digital Wealth Platform

Alliance Bank Malaysia has selected software firm Comarch to build and launch the its digital wealth platform for its customers. The new digital wealth management platform enables the bank’s clients to view their portfolios via the allianceonline mobile app. Customers

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Malaysians Can Now Invest in ASNB Unit Trusts through Touch ‘n Go eWallet

TNG Digital and Amanah Saham Nasional Berhad (ASNB) have partnered to allow Malaysians to invest in ASNB unit trusts through the Touch ‘n Go eWallet. This is said to be the first time that an e-wallet has offered this service.

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Versa Surpasses RM500 Million in Total Deposits in Two Years

Malaysia’s digital wealth management platform Versa has surpassed over RM500 million in total deposits in the past two years since its launch in 2021. Versa is a recognised market operator with approval and license from Malaysia’s Securities Commission (SC). It has

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Jirnexu Co-Founders Launches Malaysia’s First Licensed Digital Asset Fund Manager

Malaysian fintech company Jirnexu‘s co-founders Hann Liew and Lucas Ooi have unveiled their next new venture – Halogen which claims to be Malaysia’s first digital asset fund manager licensed by the Securities Commission Malaysia (SC). Halogen has a full Capital Markets

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Touch ‘n Go Users Can Now Invest in Eight New Funds From RM10

TNG Digital has partnered with Principal Asset Management to roll out eight new unit trust funds via GOinvest, a digital investment platform on Touch ‘n Go eWallet. Launched in August 2022, GOinvest’s first product offering was the Principal Islamic Money Market

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StashAway and EdgeProp to Help Malaysians Invest Towards Home Ownership Goals

Southeast Asian digital wealth manager StashAway has partnered with property website EdgeProp to empower Malaysians to plan their finances wisely and save for their future homes. As the Official Investment Partner of EdgeProp START, StashAway will offer cash incentives to

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UOB Kay Hian Wealth Advisors Forges Partnership With KoiZai

In a notable move to evolve its advisory, staff, and client services, UOB Kay Hian Wealth Advisors has formed a strategic alliance with cloud-based wealth management data platform platform KoiZai. The collaboration aims to leverage advanced financial technology solutions. As

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Funding Societies Rolls Out Islamic Financing Products For Malaysian MSMEs

Digital financing platform Funding Societies has rolled out a suite of Shariah-compliant financing solutions for creditworthy and underserved Malaysian micro, small and medium enterprises (MSMEs) seeking to grow their business. These Islamic financing solutions include Business Term Financing-i, Micro Financing-i,

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