Malaysia

Malaysia-based Solarvest launches startup program focusing on RE, green tech, FinTech

Solarvest will assist in further fundraising and other grant applications that are relevant and help the company get connected by leveraging its extensive business network.

Bank Negara Malaysia working with ‘relevant authorities’ to address concerns over BNPL

It is important for individuals to understand the terms and conditions of the BNPL schemes, and to not take debt that they cannot afford, the regulator warned.

Malaysia-based telemedicine firm DOC2US expands to Myanmar

DOC2US is also actively talking to other partners in neighbouring countries such as Cambodia, Laos and Vietnam to improve the accessibility to healthcare in those countries.

Malaysia-based PayHalal partners Atome to offer ‘Shariah-compliant’ BNPL options in Malaysia, Indonesia

The partnership further enhances the shopping and payment experience of shoppers and supports Muslim retailers and businesses with increased sales amid the pandemic.

Rodeo is building brand journeys and revolutionizing transit advertising with analytics [Q&A with Valens Subramaniam]

Rodeo’s ability to successfully marry data analytics with production house capabilities has drawn customers such as Alibaba and AirAsia Ride, and saw Rodeo raise 1.13 million MYR from 85 investors in an equity crowdfunding campaign.

Malaysia InsurTech firm PolicyStreet.com raises $6M in Series A, receives in-principle approval for reinsurance & general insurance license

The latest round is led by Altara Ventures, Auspac Ventures, Gobi Partners and the Leong family of Malaysia-based property developer Mah Sing Group led by Leong Hoy Kum.

Malaysia & Singapore to link real-time payment systems in Q4 2022

The first phase of the DuitNow-PayNow linkage will be launched in the fourth quarter of 2022 and will allow customers of participating financial institutions to make real-time fund transfers between Malaysia and Singapore using just a mobile number.

Sea’s Shopee launches food delivery service in Malaysia rivalling GrabFood, Foodpanda

ShopeeFood will be competing with other food delivery players including ride-hailing giant Grab's GrabFood and German-based Delivery Hero's subsidiary Foodpanda.

Malaysia finance minister says Indonesian FinTech unicorn Xendit to relocate financial hub to Malaysia – report

Xendit will relocate its financial hub to Malaysia, following an investment from the Malaysian government’s venture capital investment fund.