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M-DAQ Acquires Malaysian B2B Payments Provider to Expand ASEAN Presence

Fintech News

M-DAQ Global, a fintech company based in Singapore, has announced the acquisition of Easy Pay Transfers Sdn. The addition of Easy Pay Transfers will see M-DAQ Global operating in Malaysia under the new entity tentatively called MDAQ Malaysia Sdn. a licensed B2B payments service provider in Malaysia. million (approximately US$19.7

SDN 112
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Malaysia’s Fintech Boom: A Growing Force in Southeast Asia

The Fintech Times

In 2022, Malaysia’s economy was divided as follows: agriculture contributed 8.92 Key fintech companies based or founded in Malaysia include Jirnexu Sdn Bhd, MoneyMatch and PolicyStreet. From 2021 to 2022, online banking usage increased by 7.2 per cent of all transactions in 2022, up from 64.6

FinTech 62
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Soft Space Launches the First and Only JCB Payment Gateway in Malaysia

Fintech Finance

Soft Space Sdn. This is a significant milestone in the strategic partnership between Soft Space and JCB, which was signed in January 2022, and follows their successful central bank digital currency (CBDC) trial in December 2023, as well as the recent agreement to enable JCB acceptance for all HLB merchants.

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A List of Digital Banks in Asia

Fintech News

It became the country’s first digital lender to list on the Tokyo Stock Exchange in December 2022. million active customers by the end of September 2022. The bank also filed for an IPO on the Korea Exchange in June 2022. It has become one of the most successful digital banks in Asia, with over 19.8 It has over 2.3

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Meet the 40 Fastest Growing Fintechs in Asia Pacific According to the Financial Times

Fintech News

These included bringing in revenue no less than US$100,000 in 2019 (or the currency value equivalent as of 2019); earning revenues of no less than US$1 million in 2022 (or the currency value equivalent as of 2022); revenue growth from 2019 to 2022 also needs to be predominantly organic (i.e., “internally” generated).

FinTech 94
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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. In 2022, DSCB offered competitive interest rates on fixed deposits. billion at the end of 2022 to IDR 288.97 The SeaBank app has received high ratings, averaging 4.9,