Underserved

Khazanah Nasional, CGC Digital invest in Singapore’s Funding Societies to broaden financing access to MSMEs
Aims to expand coverage to areas beyond KL, Selangor, Penang, and Johor Progressively offer more cash flow management solutions to power growth
Boost becomes first digital financier in Malaysia to get investment-grade rating upgrade to AAA by RAM
First fintech in Malaysia to receive highest possible issue rating Upgraded rating cements established market confidence in M’sia, SEA
The Positive Impact of Fintech in Serving the Underserved Community
Ideal solutions that are more accessible, affordable, convenient Boost’s cross-border payment ecosystem brings together the underserved
How this fintech is leading the charge for financial inclusion across Southeast Asia
 Advantage to Boost with its incumbency & proven capability to operate at scale Almost RM2 bil in loans disbursed to MSMEs across Malaysia and Indonesia
Don’t look now, but tech company, Green Packet just got shareholder nod to go into moneylending
Four proposals approved to strengthen its core business pillars Moneylending business to look at existing market gaps, underserved
Singapore-based GoBear acquires digital consumer lender AsiaKredit
The financial marketplace has acquired the creator of pera247, which is part of GoBear’s plans to drive growth through digital lending.
Vynn Capital collaborates with Malaysian based BIB Insurance Brokers to Bridge Gap to underserved markets
Partnership will see better products & solutions in more cost efficient manner for customers Need to breakdown walls, think out of the box on how to leverage innovation and create
Axiata Digital partners Great Eastern to offer insurtech solutions in Malaysia and Indonesia
Will collaborate to provide affordable and comprehensive insurance and takaful products in the two markets.
Telco Deep Dive 2018: Digital divide in Malaysia leaves much more work to be done
Although Malaysia's digital adoption rate is comparable to advanced economies, the actual digital adoption by businesses is that of a lower middle-income country.
Axiata Digital invests US$16.8 mil into Swedish insurtech, BIMA
Axiata Digital makes its 29th investment with a US$16.8mil injection into Swedish based insurtech player, BIMA.
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Digerati50 2020-2021

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