Bank Negara Malaysia
Digital banking consortium focused on the six million co-operative members To target 100 million co-operative members in Asean in next phase
Aims to disrupt US$19 bil money changing market Merchantrade Money wallet set to triple growth trajectory, currently at US$167mil
First flagship fintech event be held from June 17 to 21, 2019 in Sasana Kijang, Kuala Lumpur.
There is ‘robust innovation’ coming out of new fintech players, and the more established incumbents.
First to receive approval to offer a complete digital experience from customer onboarding (eKYC) to executing transactions online.
Its first ever accelerator for the Bank Negara initiative.
Regulations are being put in place to bring digital assets within the remit of securities laws.
Many expect double-digit revenue growth as a result, Accenture Research finds.
The other investor in this Series B follow-on round is SBI Group.
The only fintech startup representing Malaysia from a total of 40 shortlisted finalists.