Fintech
Rakuten Trade forms new division, appoints new head
The new division exclusively generates thematic stock ideas and independent insights, and will be headed by Rakuten pioneer Vincent Lau
Digi, TNG Digital in pact to help small businesses
The partnership enables Digi Business and TNG Digital’s micro and SMEs customers to enjoy benefits from both parties.
BigPay brings cash top-ups to customers across Malaysia
Existing BigPay users can now top-up their accounts at any of the over 2,400 7-Eleven locations across the country
TransferWise rebrands to Wise, enters next phase growth
The money transfer service has been rebranded, and its Malaysian growth phase is marked by a new appointment
Boost inks partnerships with Lazada Malaysia, McDonald’s
Boost users can now more seamlessly make payments on the e-commerce platform and fast-food franchise
Funding Societies expands to Thailand
The SME-focused digital financing platform was awarded an SEC license earlier, and will be able to extend its funding services to Thai SMEs
Maybank targets 100% growth in 2021 e-Angpao transactions, amounting to US$14.8mil
Maybank is expecting an increase in e-Angpao transactions in 2021 due to the Covid-19 pandemic – a notion spurred by “encouraging response” in 2020
Malaysian digital cash management platform Versa is officially launched
Platform, which is derived from money market fund, seeks to bring low-risk investment to the masses with no penalties for withdrawals
MDEC announces its Alternative Funding Program for 2021, partnering 11 crowdfunding operators
Following a successful launch of last year’s program, aimed at helping enterpreneurs gain alternative funding during the pandemic, MDEC is bringing their Alternative Funding Program for 2021
Legaltech LXE raises US$47k through ECF on Ata Plus
Oversubscribed by 91% startup, LXE receives support from 53 investors
Platform allows lawyers & clients alike to track, manage litigation proceedings
