Posts From Vincent Fong

Fintech Indonesia Report 2018 – The State of Play for Fintech Indonesia

Indonesia, the largest economy in South East Asia, with an estimated population of over 260 million people, the majority of which are under the age of 35 and growing mobile phone and Internet penetration rates, Indonesia is a treasure trove

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Fintech Malaysia 2017 in Review

The year 2017, has been an interesting year for the Fintech Malaysia scene, while there’s been progress in this scene in the past few years it was really in 2017 that we see fintech being increasingly mainstream in the Malaysian

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Securities Commission Malaysia Regulatory Sandbox Calls for Participation

The Securities Commission Malaysia (SC) today announced that parties interested in establishing and operating an Alternative Trading System (ATS) in Malaysia can apply to participate in the Securities Commission Malaysia regulatory sandbox sessions. The Securities Commission Regulatory sandbox will be

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Startup Korea: Is Korea Conducive for Fintech Startups?

Earlier this month I had the opportunity to the attend the Korean Startup Festival 2017, which is part of the efforts of the Korean Ministry of SMEs and Startups to gather thousands of startups, VCs and international media to shine

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Bank Negara Malaysia Seeks Public Feedback on Cryptocurrency Regulation

The rapid development and adoption of cryptocurrencies have driven regulators from around the globe to adopt various approaches and regulatory measures and Malaysia is no exception. Following the announcement by Bank Negara Malaysia Governor, Tan Sri Muhammad Ibrahim in late

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Behind The Scenes: Securities Commission Malaysia’s Blockchain Project

In November 2017, Securities Commission Malaysia announced that it will be embarking on a blockchain pilot project for the OTC markets. OTC is short for “over-the-counter” which are typically reserved for companies do not meet the listing requirements. It is

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E-Money License Granted: Grab Malaysia “Grabs” a Piece of the Payments Pie

Southeast Asia’s leading ride-hailing app Grab has obtained regulatory approval from Bank Negara Malaysia to launch its mobile payment service in Malaysia following it’s earlier approval from the Singaporean authorities. This move is mirrored by it’s Indonesian counterpart Go-Jek who

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Malaysian Insurtech Company, Fatberry Launches

Malaysia’s insurtech company, FatBerry.com launched a digital marketplace for insurance providing Malaysians with a way to get insured in two minutes. In conjunction with the launch, FatBerry.com also announced its partnership with Tune Protect Malaysia, the an online retail portal

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Bank Negara Malaysia Releases e-KYC Guidelines

Following the announcement by Deputy Governor Jessica Chew earlier this September, Bank Negara Malaysia has officially released the e-KYC guidelines which sets out the minimum requirements and standards that an approved remittance service provider must observe in implementing e-KYC. The guideline

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The State of Equity Crowdfunding Malaysia

Equity crowdfunding is a mechanism that enables the general public to invest in typically early stage businesses. In return for the investment the investors are typically given a small piece of equity in return (think Kickstarter but instead of rewards

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