Malaysia

MyCash Raises RM1.3 Million in 24 Hours via Equity Crowdfunding

MyCash Online, a fintech startup that is providing online services to the unbanked has raised RM1.3M  (300k USD) in 24 hours in their equity crowdfunding campaign on pitchIN. Cradle Fund Sdn Bhd (Cradle) led the funding round through their co-investment

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Upcoming Fintech Events in Malaysia

Fintech has become a hot topic in Malaysia, especially as the sector paves the way forward for innovations in financial services. The government has committed to provide clear guidance and regulation to new, innovative products and business models entering the

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MyCash Online: A Malaysian Marketplace for Foreign Workers in Southeast Asia

Southeast Asian startup MyCash Online is an online marketplace designed for migrant workers in Malaysia and Singapore. It provides easy, secure and convenient services to the underbanked. MyCash Online offers an e-wallet service that allows users to reload phone credit,

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Malaysian Banking Industry Pushes Fintech Development

Banks in Malaysia are pushing fintech development as they seek to harness innovation and technology to improve the financial services. The trend is largely led by the Malaysian central bank, Bank Negara Malaysia (BNM), which has been deploying efforts to

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GoBear Malaysia’s Among the First of Fintech Companies in the Sandbox

GoBear Malaysia works closely with with Bank Negara Malaysia and launches new Insurance products GoBear Malaysia is first among FinTech companies to receive its stamp of approval to be a part of the Bank Negara Malaysia (BNM), Financial Technology Sandbox

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Top 10 Fintech (Startups) in Malaysia

Striving to establish itself as a prominent fintech player, Malaysia has committed to provide clear guidance and regulation to the new, innovative products and business models entering the financial services industry. In October, Bank Negara Malaysia (BNM), the country’s central

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Maybank Samsung Pay sees 100% contactless payments rise

Contactless payments introduced to Malaysia as Maybank launch their Samsung Pay boosting the number of customers whilst at the same time reducing its cardholders by 100% by the end of 2017 This follows the success of the Maybank Pay launch

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Maybank Launches the First Mobile Money Transfer Service in Malaysia with Western Union

Maybank and Western Union announced the launch of the first digital remittance service in Malaysia via its Maybank2u (“M2u”) mobile banking App. Maybank Mobile App M2u The mobile App service enables Maybank customers to transfer money to more than 500,000

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Asia’s Own Lemonade: Neosurance & KLCC Runners Group Partner To Offer The First “Push” Micro Insurance To Malaysian Runners

Neosurance  and KLCC Runners Group have signed a Memorandum of Understanding for the distribution of microinsurance to KLCC Runners Group growing community members. The microinsurance product will be provided ad hoc by a leading reinsurer and insurer who will be

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Malaysia Startup Want to Improve Road Safety

“I always been passionate of improving road safety and we were thrust into action by the tragic death of a schoolmate earlier this year. My friend and his brother were killed in a road accident, and I still remember how

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