Malaysia

Will This Partnership Drive Malaysian SMEs’ Adoption of P2P Loans?

Funding Societies and Cheng & Co have engaged in a strategic partnership to broaden and simplify access to business financing for creditworthy Malaysian small and medium-sized enterprises (SMEs). Cheng & Co, a  established home-grown accounting firm, will refer promising SMEs

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Malaysia Mobile Wallets Space Heats Up: Axiata’s Boost Partners with UTM

Boost, an app based mobile wallet developed by Axiata Digital, announced their partnership with Universiti Teknologi Malaysia to create a “Cashless Campus” in Malaysia. This partnership could potentially enable 25,000 students and faculty members across UTM Kuala Lumpur and Skudai

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Malaysia Central Bank Publishes Study about Cryptocurrencies

A study published by Bank Negara Malaysia in September explores the implications of a Bank Negara Malaysia cryptocurrency or as the report calls it; a central bank backed digital currency. A central bank digital currency (CBDC), if introduced, is unlikely

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Bank Negara Malaysia Approves 3 More Participants for Fintech Sandbox

Bank Negara Malaysia has approved 3 more participants to its Fintech Sandbox. This news follows their official announcement earlier in May for the first batch of approved participants of the Bank Negara Malaysia Fintech Sandbox which includes GoBear Ltd, GetCover

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Malaysia’s Fintech Sandbox Partcipant MoneyMatch Launches Transfer Portal

MoneyMatch Sdn Bhd, a home-grown company approved by Bank Negara Malaysia, launched its “Transfer” portal, a fully digital cross border remittance service offering exchange rates and fees far cheaper than incumbent banks. The Transfer portal allows users to conduct their

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WorldKoins-Air Asia Partnership: Aims To Get Rid of Leftover Foreign Currency

WorldKoins is a mobile app operated by Appykoins Sdn. Bhd, which allows leftover currency to be converted to eGift cards and vouchers, which can be used to shop online from mobile phones. WorldKoins is working in collaboration with AirAsia to

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Malaysian Based Fintech Firm Jirnexu Raises US$2 Million in Pre-Series B Round

Malaysian based fintech company  Jirnexu – has raised US$2 million in a pre-Series B round. Japan-based SBI Group led the latest round, joined by existing investors Celebes and Cento Ventures. This brings Jirnexu’s total funding to US$8 million. Bringing over

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12 Hottest Fintech Startups in Malaysia

  Often in conversation with industry players in Malaysia, the sentiment is that Malaysia is lacking in activity within the fintech space and the the fintech startups in Malaysia are still pretty nascent. The general impression from the market is

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Malaysian Fintech Firm Soft Space Launches My FamiPay in Taiwan

Partnering with Cathay United Bank (CUB), Soft Space introduces an innovative way to make payments that is set to empower FamilyMart Taiwan called “My FamiPay”. The application integrates and binds debit/prepaid/credit cards and other various stored value cards for in-store

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Malaysia Fintech Awards 2018 Opens for Nomination

Today marks the soft launch of the first Malaysia Fintech Awards 2018 which was officiated by Tan Sri Dr. Halim Shafie, Chairman, Malaysian Communications And Multimedia Commission and supported by Malaysia’s Prime Minister YB’ Dato’ Sri Mohd Najib Bin Tun Haji

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