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Singapore Wealth App Hugosave Earns Shariah-Compliance Certification

Fintech News

This certification, awarded by a consortium including Islamic Finance Singapore, Ustaz Kamal Mokhtar, S Tradition Pte Ltd, and Masryef Sdn Bhd, ensures that Hugosave’s services adhere to Islamic law, addressing the needs of Muslim clients seeking financial solutions in line with their faith.

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Malaysia’s Fintech Boom: A Growing Force in Southeast Asia

The Fintech Times

Key fintech companies based or founded in Malaysia include Jirnexu Sdn Bhd, MoneyMatch and PolicyStreet. By 2021, Malaysia had achieved a 50 per cent adult adoption rate for QR payments, the highest in Southeast Asia. From 2021 to 2022, online banking usage increased by 7.2 per cent, while e-wallet adoption grew by 5.5

FinTech 62
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A List of Digital Banks in Asia

Fintech News

Rakuten Bank is the largest online bank in Japan by number of accounts, surpassing 11 million accounts in 2021. It also became the country’s first digital lender to list on the Korea Exchange in August 2021, raising about US$2.1 It has over 500,000 users as of December 2021. It has over 2.3

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Soft Space Launches the First and Only JCB Payment Gateway in Malaysia

Fintech Finance

Soft Space Sdn. If they can start accepting JCB payments through payment facilitators, they are well-placed to capitalise on the rapidly growing international e-commerce spending by JCB cardmembers, which has increased by 52% from 2021 to 2022. the international operations subsidiary of JCB Co.,

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The Best Banks in Asia 2024, Ranked by Forbes

Fintech News

Post-merger, Fincare’s 59 lakh plus customers have access to the best technological services and flagship products of AU Small Finance Bank. 3 SeaBank Since its operations began in 2021, SeaBank Indonesia has amassed a record 10 million customers by the end of 2023. In 2023, SeaBank recorded an average of 2.5