Fintech

Malaysia’s Merchantrade acquires fintech player, Valyou from Telenor Group
Merchantrade becomes Malaysia’s top money services business operator Primed for regional expansion, follows increase stake in Singapore’s KLIQ [Ed: Headline corrected to reflect that Valyou is more than an e-wallet provider.]
3rd edition of HLB Launchpad 2020 comes with focus for finding innovation in New Normal
Themed as “Reboot: Thriving Together in the New Normal”, the upcoming incarnation of Hong Leong Bank’s collaborative partnership to cultivate a startup community in Malaysia is now focused at finding innovations in a Covid-19 world.
HSBC launches AI-powered equity index products in Malaysia
The AiPEX5 suite of structured products, which were already launched by HSBC in the US and in Singapore, use big data to help local investors make investment decisions.
Mobi, the online payment company in a hurry
Leveraging MDEC’s GAIN programme to penetrate overseas markets Sees Indonesia as test bed to gain experience before getting into next market
CPA Australia survey reveals Fintech usage increases among Malaysian businesses
Adoption driven by need to up business efficiency, 56.3% identifying this as key Increase of 13.9% in number of businesses in Malaysia using fintech lending in 2019 [Article updated with additional information at 2.50pm, 2 Sept.]
U Mobile, Funding Societies collaborate to offer P2P financing for SMEs
Through the GoBiz digital payment acceptance solution, U Mobile and Funding Societies offer business financing solutions for Malaysian SMEs.
Gobi Partners announces 64 startups to kick-off Asia's first ever sudden death pitching competition – SuperSeed Championship II
Gobi Partners-MDEC curated competition targets early-stage startups Rigorous process by Gobi, taking into account 6 factors to fix seedings
Fave announces undisclosed investment from India's Pine Labs to accelerate SEA’s cashless future
Working together to expand cashless solutions to offline SMEs & enterprises 50,000 merchants in SEA will benefit immediately from the partnership
SC Malaysia chairman: Market digitisation, keeping up with tech advancement key for economic recovery
In a fireside chat at Invest Malaysia KL2020, the chairman of Malaysia’s Securities Commission highlights their efforts in relation to Covid-19 as well as how embracing technology will be important towards recovery.
Singapore FinTech Association, Hong Kong’s AMTD Group join forces to boost Singapore’s fintech community
Strategic Collaboration Agreement inked to connect their ecosystems and maximise synergies of their respective members.
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Digerati50 2020-2021

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