Advantage to Boost with its incumbency & proven capability to operate at scale Almost RM2 bil in loans disbursed to MSMEs across Malaysia and Indonesia
Offer greater access for financial inclusion amongst underserved & unserved Boost spent past few years building essential blocks for a digital bank
Digital banks helm the responsibility of creating niche solutions Various national plans have specific focus on helping underserved
Merchantrade Asia partners Construction Labour Exchange Centre to reach unbanked workers in construction sector
Salary paid into Merchantrade Money Visa Prepaid Card of workers Timely move in face of Covid-19 restrictions, reduces risk of robbery
Internet bank now ‘at par with a lot of big banks’ by reaching out to this ‘unprofitable’ segment.
Important step in a country where only 26% of its 53 million population have access to banking facilities.
Electronic money, branchless banking and digitisation of social benefit transfer, have brought new economic opportunities.
The online payment solutions provider attempts to further close the digital divide by providing unbanked communities an easy online payment solution.
Shifting its headquarters to Singapore and on its way to becoming a digital bank, the Malaysian fintech startup on its way to realising its goals.
Go-Jek acquires three leading fintech business, cementing its leadership in Indonesia’s fast growing payments market.