Financing

Ambank, Lazada to offer business financing for MSMEs
AmBank has partnered with Lazada to provide holistic solutions and additional facilities to further empower Malaysia’s MSMEs sector
Funding Societies acquires CardUp, drives payment expansion
Funding Societies has announced that it is acquiring regional payments solution, CardUp, for an undisclosed amount. 
Grab Financial Group launches new brand GrabFin
Grab Financial Group announced that it will be launching GrabFin, a new brand for its digital payments, insurance, lending and wealth management offerings.
Funding Societies announces co-investment in Bank Index
Funding Societies announced a co-investment into Bank Index or PT Bank Index Selindo stocks, Indonesia’s private commercial bank, alongside CARRO, a Southeast Asian automotive marketplace platform. 
BigPay launches DuitNow and DuitNow QR in Malaysia
BigPay, an Asean fintech company, has rolled out DuitNow offerings for BigPay users nationwide. 
​​TheLorry, microLEAP partner for shariah-compliant financing
Shariah-compliant P2P financing platform, microLEAP announced a strategic and multi-faceted partnership with TheLorry, a leading Malaysian logistics tech platform. 
CompAsia expects recommerce revenue to exceed US$237mil in 2022
Growth driven by new products, 5G adoption & expansion to Indonesia Boost from shift to online and changing its focus to B2C from B2B
Grab Financial Group, Sedania introduce cash financing scheme
Grab Financial Group Malaysia and Sedania Innovator Bhd’s fintech subsidiary Sedania As Salam Capital partner to officially offer Grab Cash Financing-i, a Shariah compliant financing product, to eligible Grab drivers and delivery-partners.
Boost offers fast tracked shariah-compliant financing for MSME
Boost is making available financing that offers MSMEs up to US$23,900 through ‘Capital Plus,’ financed through its market leading digital lending subsidiary Boost Credit.
SME Corp to disburse US$2.3 million to pandemic-stricken SMEs through microLEAP
Shariah-compliant peer-to-peer financing platform microLEAP has been appointed by SME Corporation Malaysia as the financial intermediary under its Digital Financing Initiative pilot project. 
Download Digerati50 2020-2021 PDF

Digerati50 2020-2021

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