Malaysia

Carsome, FAM ink two-year partnership to strengthen Malaysian football

The Football Association of Malaysia (FAM) and Malaysian online used car trading platform Carsome have announced a two-year partnership worth nearly MYR 2 million ($451,000), naming Carsome as the official automotive partner and reinforcing their shared commitment to strengthening Malaysian football.

YTL Communications partners Equinix, Transcelestial to drive AI cloud connectivity in Malaysia

Malaysian telecommunications firm YTL Communications has signed two Memorandums of Understanding (MOUs) with global digital infrastructure firm Equinix and laser communications technology firm Transcelestial to bring global artificial intelligence (AI) cloud connectivity and laser-based wireless technology to Malaysia.

Catcha Digital acquires 92.5 percent stake in banking software firm Theta Service Partner for $7.9M

Malaysia's digital media firm Catcha Digital is acquiring 92.5 percent stake in banking software firm Theta Service Partner for MYR 35 million ($7.9 million).

Malaysia’s Deemples launches in Thailand after $2M funding

Deemples, a Malaysia-based golf platform and mobile app, has officially launched in Thailand - the region’s golf tourism hub that is dubbed the Golf Capital of Asia, after raising its $2 million funding last year.

Malaysia’s e-payments transactions continue to rise in 2024

Malaysian Central Bank said Monday that Malaysia is well on track to achieve the Financial Sector Blueprint 2022–2026 target of over 15 percent compounded annual growth in the average e-payment transactions per capita as e-payments transactions continue to rise in 2024.

Malaysian Central Bank explores asset tokenization while monitoring crypto risks

Malaysia's Central Bank said Monday that it will explore asset tokenization while monitoring crypto risks.

Selangor state government launches AI initiative with Google Cloud

The State Government of Selangor, through Selangor Technical Skills Development Center (STDC) and Google Cloud, have announced the launch of Teraju AI Selangor, a joint initiative to help state government agencies in Selangor build and implement custom artificial intelligence (AI) solutions that address real-world challenges to benefit citizens and…

SenangPay partners with Pine Labs to launch instalment payment plan for Malaysian businesses

SenangPay, a Malaysian payment gateway, has partnered with Pine Labs, an India-based fintech firm, to introduce instalment payment plans (IPP) to local businesses through a single integration.

Malaysia’s Versa raises $6.79M in Series A funding round led by AHAM Capital

Versa, a Malaysia-based wealth management platform, has completed its Series A funding round led by AHAM Asset Management Berhad (AHAM Capital).

RAM: GXBank tops Malaysia’s digital banking customer deposits with $489M for first nine months of 2024

Grab-backed GXBank, topped Malaysia's digital banking customer deposits with MYR 2.16 billion ($489 million) for the first nine months of 2024, RAM Ratings said Friday.