Malaysia

This year, the EY organization announced the continued expansion of the EY Foundry startup incubator program into Cambodia, Guam, Thailand and Vietnam.

Google will also tap AirAsia Super App’s in-region network to expand its developer community in Southeast Asia.

Travel tech firms are finally able to hope for a better year as Malaysia reopens for international travelers after two years. But still, the recovery of the traveling industry may not be a smooth one as a sub-variant of the highly transmissible Omicron version of coronavirus, BA.2, is now dominant worldwide, prompting surges in countries across US, Europe…

To date, Pace has over 5,000 points-of-sale across the Asia region and is on track to meet its goal of 1 million users by the end of 2022. Pace also aims to have an annualized Gross Merchandise Value (GMV) of $1 billion by end 2022.

Malaysian FinTech firm JurisTech on Wednesday announced a partnership with Germany-based cloud-native core banking platform Mambu to propel the growth of the digital banking ecosystem in Malaysia. This new collaboration will act as a catalyst for further expansion of the industry, with the result being greater support for both unbanked and underserved…

Touch ‘n Go (TNG) Group, a Malaysia-based payment firm that is backed by Jack Ma's Ant Group Co, announced Friday the launch of GOpinjam, an inclusive digital personal loan proposition available through TNG eWallet. This marks TNG eWallet’s first digital lending solutions offering, having previously already launched financial services propositions in…

Australia-based FinTech platform Airwallex announced Thursday the launch of its cross-border payment services in Malaysia, following its grant of a money services business license by Malaysian regulator Bank Negara Malaysia in August last year. Initially, qualified Malaysian businesses will be given access to Airwallex's fast, transparent and cost-effective…

Hatten Land Limited and together with its subsidiaries, announced Thursday that its wholly-owned subsidiary Hatten Edge Pte. Ltd. has entered into a crypto mining facility and support services agreement with a new business partner, where up to 550 crypto mining rigs can be added to the group's crypto mining activites and deployed across its crypto mining…

Southeast Asia super app Grab and Sea Ltd’s e-commerce platform Shopee have started providing BNPL options in Malaysia since last year. Advance Intelligence Group’s Atome, Pine Labs’ Fave, Allectus Capital-backed Hoolah, 500 Startup-backed Split are among the FinTech startups that provide such services in the country.

Consortiums partnering with financial institutions and e-wallet operators will have an upper hand in securing a digital banking license in Malaysia, according to analysts.