Fintech

Wahed announces plans to partner INCEIF on Shariah robo-advisory research
The Securities Commission-licensed digital investment management company to partner the global university on Islamic finance on understanding the gaps and issues on Shariah-compliant robo-advisory.
Pertama Digital appoints Aiza Azreen as CEO
The company, which backs fintech and govtech initiatives, has appointed Aiza Azreen Ahmad as CEO, who is no stranger to the fintech and financial services world.
Huawei Pay arrives in Malaysia in partnership with UnionPay and ICBC
The NFC contactless, cashless payment service by Huawei is now available in Malaysia, allowing users to make payment at supported vendors around the country (and region).
SCxSC 2020: ECF and P2P platforms in Malaysia breach US$240 mil raised in 2020
In his welcome remarks to the SCxSC Fintech Conference 2020, securities commission chairman Syed Zaid Albar talks about the success of alternative funding platforms, the increase in digital investment, and fascinating trends within the Malaysian fintech scene.
Green Packet strengthens leadership team with 3 key hires
New executives will support company’s long-term growth ambitions Adds venture builder unit and new Smart City & Urban Tech line of business
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.]
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Digerati50 2020-2021

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