MoneyMatch

KAF-Carsome consortium’s KAF Digital Bank receives license approval to commence operations

The operating entity, which is now formally known as KAF Digital Bank, seeks to deliver a robust and resilient banking infrastructure that underpins the trust and expectations from Malaysians.

Malaysia’s unicorn Carsome’s part of KAF-led consortium winning digital bank license

KAF Investment Bank-led consortium was among the low-profile bidders for the digital banking licenses. Besides Carsome, the KAF Investment Bank-led consortium also includes two other FinTech firms, Jirnexu and MoneyMatch.