Grab Financial Group (GFG), the Fintech arm of the e-hailing and delivery giant, announced that it raised more than US$300 million (~RM 1.21 billion) from investors, including Hanwha Asset Management …
Touch n’ Go e-Wallet Receives Approval To Sell Investment Products
Touch n’ Go’s subsidiary, TNG Digital has been given the green light by the Securities Commission of Malaysia (SC) to sell investment products, like money market unit trust funds, through the Touch ‘n…
Razer, Grab And Singtel In The Running For Singapore’s Digital Bank License
Monetary Authority of Singapore (MAS) announced on 28 June 2019 that it will issue digital bank licenses which will allow entities, including non-bank participants, to conduct digital banking business…
Bank Negara Malaysia To Issue Up To Five Digital Bank Licenses
Bank Negara Malaysia (BNM) has revealed that it will issue up to five licenses to qualified applicants to set up digital banks in Malaysia. This revelation was part of the announcement for the Exposur…
Tony Fernandes Fintech Firm Viral Post is a Scam
Social Media users in Malaysia seems to have been particularly targeted over the past couple of weeks with a crypto-currency scam called Crypto Revolt. The heavily sponsored postings on Facebook, bran…
eForex by Merchantrade Wants to Change the Way You Change Money
Disclosure: This article was sponsored by Merchantrade Asia. If you can book your flight tickets and accommodation online, why can’t you do the same for currency exchange? eForex aims to do just…