Fintech

TransferWise rebrands to Wise, enters next phase growth
The money transfer service has been rebranded, and its Malaysian growth phase is marked by a new appointment
Boost inks partnerships with Lazada Malaysia, McDonald’s
Boost users can now more seamlessly make payments on the e-commerce platform and fast-food franchise
Funding Societies expands to Thailand
The SME-focused digital financing platform was awarded an SEC license earlier, and will be able to extend its funding services to Thai SMEs
Maybank targets 100% growth in 2021 e-Angpao transactions, amounting to US$14.8mil
Maybank is expecting an increase in e-Angpao transactions in 2021 due to the Covid-19 pandemic – a notion spurred by “encouraging response” in 2020
Malaysian digital cash management platform Versa is officially launched
Platform, which is derived from money market fund, seeks to bring low-risk investment to the masses with no penalties for withdrawals
MDEC announces its Alternative Funding Program for 2021, partnering 11 crowdfunding operators
Following a successful launch of last year’s program, aimed at helping enterpreneurs gain alternative funding during the pandemic, MDEC is bringing their Alternative Funding Program for 2021
Legaltech LXE raises US$47k through ECF on Ata Plus
Oversubscribed by 91% startup, LXE receives support from 53 investors Platform allows lawyers & clients alike to track, manage litigation proceedings
Malaysian Buy-Now-Pay-Later fintech platform Split generates US$2.48mil revenue for businesses
The channel-agnostic platform, which allows for merchants to offer instalment payment plans to customers, has generated a good number of revenue for over 250 merchants in Malaysia.
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.
Download Digerati50 2020-2021 PDF

Digerati50 2020-2021

Get and download a digital copy of Digerati50 2020-2021