Malaysia
Malaysia,Singapore,FinTech,News,SEA
Singapore’s Funding Societies expands financing offerings for MSMEs via Islamic FinTech facilities
Funding Societies, the Singapore-based small and medium-sized enterprise (SME) digital financing platform, on Wednesday introduced its Shariah-compliant trade financing solutions…
May 25, 2022
Malaysia’s Cradle Fund’s outgoing CEO Rafiza Ghazali to lead KAF-led digital Islamic bank
Malaysia-based KAF Investment Bank, which has been awarded a digital banking license last month, announced on Tuesday the appointment of Cradle Fund's outgoing Chief Executive…
May 24, 2022
Indonesia,Electric Vehicles & Mobility,SEA,Malaysia,Investments,News
Malaysian Prime Minister too, tries to court Tesla to invest in the country – report
Malaysia Prime Minister Ismail Sabri Yaakob has suggested US-headquartered electric vehicle maker Tesla to invest and produce electric car in the country as he presented Malaysia…
May 12, 2022
Singapore,FinTech,Malaysia,News,SEA
Grab said to be eyeing stake in Malaysia’s sixth largest banking group AmBank – report
Singapore-headquartered ride-hailing and food delivery giant Grab Holdings Inc is said to be eyeing a stake in AMMB Holdings Bhd (AmBank), Malaysia's sixth-largest banking group…
May 9, 2022
Malaysia has no plans for more digital banking licenses – report
Malaysia has no plans to issue more digital banking licenses, according to Bank Negara Malaysia Governor Nor Shamsiah Mohd Yunus. “At this point, we have no plans to issue any…
May 9, 2022
Malaysia’s unicorn Carsome’s part of KAF-led consortium winning digital bank license
Southeast Asian used car marketplace Carsome is part of KAF Investment Bank's consortium which recently awarded a digital banking license in Malaysia. "Yes, we are excited to…
May 6, 2022
News,Malaysia,Mergers and Acquisitions,eCommerce
Malaysia’s unicorn Carsome acquires WapCar & AutoFun Businesses
Southeast Asia’s used car e-commerce platform Carsome Group announced on Thursday the acquisition of digital automotive content businesses under brands of WapCar and AutoFun from…
May 5, 2022
LottieFiles raises $37M Series B funding led by Square Peg Capital
US and Malaysia-based motion graphics platform LottieFiles announced Wednesday a $37 million Series B funding round, led by Square Peg Capital, with additional participation from…
May 5, 2022
Malaysia,Singapore,News,FinTech
Grab-led digibank consortium to focus on local micro-SMEs, gig economy workers
Grab Holdings Limited said Friday that the digital bank consortium comprising GXS Bank Pte. Ltd., its digital bank joint venture with Singapore Telecommunications Limited…
April 29, 2022