Malaysia

Senang.io, a Malaysian headquartered fintech company, has partnered with iRemit, a Filipino-owned non-bank remittance provider, to launch the DreamSecure — a financial product designed exclusively for Filipino overseas workers (OFWs).

Total committed funds for private equity (PE) and venture capital (VC) in Malaysia reached a combined total of MYR 24.70 billion ($5.58 billion) in 2024, the Securities Commission Malaysia (SC) said Thursday.

Malaysian lender Malayan Banking Bhd (Maybank) has announced the first multi-market small and medium enterprises (SME) upskilling and digitalization collaboration between a financial institution and TikTok Shop in the ASEAN region.

Boost Bank, Malaysia's homegrown digital bank, has partnered with CGC Digital, a fintech subsidiary of Credit Guarantee Corporation Malaysia Berhad (CGC), to enhance support for eligible underserved micro, small, and medium enterprises (MSMEs) across Malaysia.

Microsoft, its partners, and cloud-consuming customers will generate $10.9 billion in new revenues for Malaysia by 2028 with its upcoming hyperscale cloud in the country, the global technology firm said Thursday.

In a recent interview with TNGlobal, Malaysia’s Minister of Science, Technology and Innovation Chang Lih Kang detailed the government’s plans to drive Malaysia’s science, technology and innovation (STI) agenda. He also discussed several initiatives to solidify Malaysia's position as a leading regional tech hub

NTT DATA, a Japan-based digital business and technology services firm, announced Monday the commissioning of its Malaysia, India, Singapore Transit (MIST) submarine cable system by June 2025.

Alipay+, the cross-border mobile payment platform of Ant International, has contributed more than 80 percent of inbound QR payments via DuitNow in Malaysia.

Malaysian digital media firm Catcha Digital Berhad announced Monday that it has entered into a conditional share sale agreement to acquire a 51 percent equity interest in Malaysia-based digital consultancy DS Services Sdn Bhd (Digital Symphony) for a cash consideration of MYR 22.95 million ($5.16 million).

Malaysian government-linked private equity firm Ekuiti Nasional Berhad (Ekuinas) announced Monday its investment in Bluesify Solutions Sdn Bhd, a local managed security service provider (MSSP).