Malaysia
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.
Halogen Capital, Affin partner to offer shariah-compliant Bitcoin fund
Halogen Capital, a Malaysia-based licensed digital asset fund manager, has signed with lender Affin Bank Berhad to distribute their Halogen Shariah Defensive Bitcoin Fund with an integrated capital preservation strategy.
PayNet, Swipey join forces to drive SME digitalization with DuitNow QR
Malaysia's fintech firms Payments Network Malaysia (PayNet) and Swipey Digital Services (Swipey) have announced a strategic partnership to expand digital payment adoption among Malaysian small and medium-sized enterprises (SMEs).
Carsome achieves first full year of profitability with stronger margins and cost disciplines
Carsome Group, Southeast Asia’s largest integrated car e-commerce platform, has recorded $10.5 million in adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) for the year 2024, marking the group’s first full year of profitability since its inception and its sustained profitability since initial achievement in December 2023.
