Digital Bank

Forging the future of fintech with embedded finance and invisible banking
RM2bil loans disbursed to thousands of MSMEs across Malaysia & Indonesia Convenience of embedded finance will pave way for rise of invisible banking
Al Rajhi Bank Malaysia launches digital bank Rize
Al Rajhi Bank Malaysia has taken a big step forward for financial services in Malaysia with the launch of Rize, a first-of-its-kind digital bank. 
AEON Consortium appoints Raja Teh Maimunah as CEO 
Assumes the position from Dec 1 Previously MD of wholesale banking, AmBank Group  AEON Consortium has appointed Raja Teh Maimunah Raja Abdul Aziz (pic) as its chief executive officer effective Dec 1. In a statement, the company said prior to joining the consortium, Raja Teh was the managing director of wholesale banking at AmBank Group. 
CIMB Group appoints new head of consumer, digital banking
CIMB announced the appointment of Effendy Shahul Hamid as CEO of group consumer and digital banking, effective January 1, 2023. 
Boost refreshes brand to fuel unstoppable growth
Transaction volume up 26.8% to US$644mil bil in first half of 2022 Plans to be Unstoppable in mission of simplifying financial access Following the recent digital bank license award from Bank Negara Malaysia (BNM), Boost launched its refreshed brand today, along with an update on future plans for the coming months and 2023.
Singapore fintech UNOAsia raises US$11mil pre=series A, led by Creador
Has raised US$44.5mil in its pre-seed, seed, and pre-Series A rounds Funding to support commercial launch of UNO Digital Bank in Philippines
Al Rajhi Bank Malaysia partners Feedzai to secure digital bank
Al Rajhi Bank Malaysia is implementing Feedzai’s RiskOps platform to handle the challenges of identity, real-time data, and collaboration across the entire customer lifecycle.
Bank Islam launches cloud-native digital bank 
Bank Islam has officially launched its fully cloud-native digital banking proposition named Be U
Cradle's Rafiza Ghazali leaving to join KAF Investment consortium’s digital bank as CEO
Consortium did not want to hire traditional banker to lead the team Innovation role at Sime Darby & startup exposure worked in her favour
MoneyMatch an equity partner in KAF Investment-led digital bank consortium, targets US$10mil Series B raise
Consortium to target underserved MSME segments neglected by incumbents Ramp up investments in tech, upgraded financial infrastructure and biz dev
Download Digerati50 2020-2021 PDF

Digerati50 2020-2021

Get and download a digital copy of Digerati50 2020-2021