FinTech

Malaysian fintech firm Instapay Technologies Sdn Bhd announced Wednesday the successful completion of a Series A2 funding round of $3 million.

Paydibs, a Malaysia-based digital payments firm, has stepped into a new chapter with a future-ready fintech identity, a revitalized leadership team and a bold roadmap aimed at powering the next wave of businesses and small and medium-sized enterprise (SME) growth.

Ria Money Transfer (Ria), a Malaysia-based fintech firm, has been officially approved by the Department of Labor Peninsular Malaysia (JTKSM) for the disbursement of digital wage payments via the Ria Wallet.

Salmon Group Ltd, the Philippines-based financial services firm, has announced the completion of a $88 million fundraise to double down on its commitment to bring cutting-edge financial services and simplify access to credit across Southeast Asia.

Small Medium Enterprise Development Bank Malaysia Berhad (SME Bank) and Bank Simpanan Nasional (BSN) have entered a strategic partnership through a Memorandum of Understanding (MoU) to empower Malaysia’s homegrown entrepreneurs.

In the interview, Indra also insights on Malaysia’s strategic position in revolutionising Islamic finance. With deep expertise in the evolving needs of today’s financial institutions, Indra was instrumental in forging audax’s strategic partnership with Maybank Islamic, driving innovation and expanding digital banking capabilities in the Islamic finance…

Singapore-headquartered Ant International will apply for the stablecoin issuer’s licence in Hong Kong as soon as the city’s Stablecoins Ordinance goes into effect in August, the people said, according to the report. As well as Singapore, the company is also planning to seek a permit in Luxembourg, they added.

Hong Leong Bank (HLB) has signed a memorandum of understanding (MoU) with DCAP Digital Sdn Bhd to boost the small and medium-sized enterprise (SME) lending and financial inclusion with cutting-edge artificial intelligence (AI).

Funding Societies Malaysia, Southeast Asia’s largest unified small and medium-sized enterprise (SME) digital finance platform, has formalized a strategic partnership with the Center for Entrepreneur Development and Research (CEDAR), the training and capacity-building arm of SME Bank Malaysia Berhad.

Moomoo Securities Malaysia Sdn Bhd (Moomoo Malaysia) announced Thursday the launch of Moomoo AI, the nation’s first artificial intelligence (AI)-powered investment platform with a suite of integrated AI investment tools and features.