Malaysia Archives - FinTech Futures

Malaysia

FCA and PRA fine Goldman Sachs £96.6m for 1MDB scandal

The investigation found that GSI breached a number of FCA and PRA principles and rules.

Malaysia and Indonesian regulators sign fintech cooperative agreement

The two countries will share innovations and foster cross-border start-up development.

Hong Leong Bank launches mobile-based junior account

The app is designed for use by both parents and children.

Singapore’s robo-advisor StashAway lands $16m led by Square Peg

The fintech last raised funding in July 2019.

Mastercard Cards

Instapay Technologies partners with Mastercard to support Malaysian migrant workers

Instapay Technologies is looking for 100,000 new users in the first year.

MFMi Group picks Mambu to power new suite of Islamic products

The Malaysian firm aims to help underbanked in the wake of COVID-19.

Singapore’s GoBear snaps up fintech AsiaKredit

GoBear’s bank partners will be able to tap underserved consumers.

Wirecard and Singapore’s Grab partner on payments

The partnership will begin in Malaysia, the Philippines and Singapore.

Step aside China, it’s Southeast Asia’s turn in the spotlight

The region is full of promise and possibility for investors and entrepreneurs alike.

Malaysia’s biggest telco Axiata reveals plans to bag digital banking license

The country’s central bank announced its plans in December to issue up to five licences.

UK challenger Supreme Fintech set to launch globally in February 2020

The start-up is gearing up for its 1 February 2020 launch.

Latvia’s Robocash set to raise $5m for P2P investments in Southeast Asia

European investors can now back 12-month commercial loans in Singapore.

iSunOne to build world’s first Islamic blockchain financial system

The firm will work directly with the Malaysian government.

Indonesian FSA launches online register to monitor fintechs

The platform will grow business through OJK’s innovation hub.

Railsbank raises $10m to expand into Southeast Asia and beyond

The open banking platform has opened an office in Singapore.

Selangor government unveils one-stop digital payments platform

Citizens will be able to make payments to agencies at all levels.

WeChat Pay and Alipay partner QFPay raises $20m

The latest funding round brings QFPay’s total to $36.5 million.

RHB targets card fraud with automatically refreshed CVV codes

New codes are displayed on mini-screens on the back of the cards.

Maybank unleashes e-wallet for everyone

New service called MAE – Maybank Anytime, Everyone.

Open banking – build it and they will come?

It is the innovative data wranglers that will decide the success of open banking.

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