Malaysia

Khazanah leads PolicyStreet’s $15.3 million Series B fundraising round

Malaysia's sovereign fund Khazanah Nasional Berhad (Khazanah), under its Dana Impak mandate, recently led a Series B fundraising round of a Malaysian homegrown insurance technology (InsurTech) company, PolicyStreet, raising a total of $15.3 million. PolicyStreet recent fundraising round also garnered strong support from other local and international…

ORIGIN Conference: Planning for Southeast Asia Expansion: Markets and Opportunities

The panelists also shared how their companies are able to expand their businesses regionally, serving their customers with better solutions enabled by the Internet and higher smartphone penetration rate. They also shared their companies’ plans and strategies. They also discussed about the latest trends in their respective industries, how to navigate in the…

Malaysian FinTech firm Bayo Pay raises $2.2M in funding led by VentureTECH SBI

Malaysian FinTech firm Bayo Pay (M) Sdn Bhd has raised $2.2 million Series A funding led by venture capital firm VentureTECH SBI Sdn Bhd. VentureTECH SBI and VentureTECH Sdn Bhd have invested MYR 7 million ($1.52 million) and MYR 3 million ($650,000) respectively in Bayo Pay.

ChatGPT app is now available in Malaysia; ranks first on App Store’s Top Chart

A check on App store's top charts on Thursday showed that ChatGPT now ranked number one on the list.

Paywatch partners KB Bukopin to empower Indonesian workers with bank-backed EWA service

Paywatch, a Singapore-based earned wage access (EWA), has partnered with Bank KB Bukopin, to launch the first bank-backed EWA service in Indonesia, aimed at promoting greater financial inclusion and improving the financial well-being of employees.

Malaysian regulator seeks to transform agri sector via FinTech, alternative financing

Malaysian regulator the Securities Commission Malaysia (SC) is encouraging wider adoption of financial technology (fintech) in agriculture in order to help in achieving the country’s food security agenda.

Maybank launches cross-border QR payment service for Malaysians travelling abroad and tourists visiting Malaysia

Malaysian largest lender Malayan Banking Bhd (Maybank) said Tuesday it has recently launched its cross-border QR payment service for Maybank customers travelling to Singapore, Indonesia, and Thailand as they can now make cashless and instant payment transactions via the MAE app.

Manis Leting and Triphie tops the 1337 Ventures’ Alpha Startups™ Pre-Accelerator

Malaysian food tech firm Manis Leting and trip planning platform Triphie have topped the 1337 Ventures’ Alpha Startups™ Pre-Accelerator program.

KAF-Carsome consortium targets to launch digital bank as early as year-end

Carsome, together with FinTech firm Jirnexu and digital remittance platform MoneyMatch, forms part of the consortium led by KAF Investment Bank which will be licensed under the Islamic Financial Services Act (IFSA) 2014.

MRANTI invites high growth Malaysian startups for global expansion

The Malaysian Research Accelerator for Technology and Innovation (MRANTI) is inviting high growth startups looking to expand their business presence in Japan, Germany and Thailand to sign up for its Global Market Fit Programme (GMP) on Monday.