malaysia

Malaysian Online Car Seller Carsome Raises $300M
Malaysian Online Car Seller Carsome Raises $300M
January 07, 2022  |  Investments

The Malaysian online used-car marketplace Carsome Group has raised nearly $300 million in a funding round.  As Bloomberg News reported Friday (Jan. 7), that funding...

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Singapore, Malaysia to Test Cross-Border Payments 
Singapore, Malaysia to Test Cross-Border Payments 
October 01, 2021  |  International

The central banks of Singapore and Malaysia say their customers will be able to conduct real-time cross-border payment transfers via a mobile number starting next...

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Today in Payments Around the World: Singapore May Relax SPAC Guidelines, Airwallex Obtains Money Services Business License In Malaysia
Today in Payments Around the World: Singapore May Relax SPAC Guidelines, Airwallex Obtains Money Services...
September 03, 2021  |  International

Today in payments around the world: Singapore considers easing SPAC listing guidelines. Plus, U.S. remittances to Mexico reach a record-high $4.54 billion and Airwallex gets...

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Airwallex Obtains Money Services Business License In Malaysia
Airwallex Obtains Money Services Business License In Malaysia
September 02, 2021  |  International

Australian FinTech platform Airwallex on Thursday (Sept. 2) announced that the company has secured a money services business (MSB) license from Bank Negara Malaysia, which...

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FinTechs Vie For Digital Banking Licenses In Malaysia
FinTechs Vie For Digital Banking Licenses In Malaysia
July 01, 2021  |  Digital Banking

Grab and AirAsia are among the 12-plus companies in Southeast Asia hoping to land a digital banking license in Malaysia, Reuters reported on Thursday (July...

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FIS Expands Payment Capabilities Into Malaysia, Nigeria, South Africa
FIS Expands Payment Capabilities Into Malaysia, Nigeria, South Africa
April 21, 2021  |  International

FIS is expanding its payment processing capabilities into three fast-growing markets: Malaysia, Nigeria and South Africa. The financial products provider announced on Wednesday (April 21)...

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Pine Labs Acquires Malaysian eCommerce Startup Fave For $45 Million
Pine Labs Acquires Malaysian eCommerce Startup Fave For $45 Million
April 13, 2021  |  News

Singapore’s merchant commerce unicorn Pine Labs has acquired Malaysian eCommerce FinTech startup Fave in a deal worth in excess of $45 million, Reuters reported on Tuesday...

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Malaysian eWallet Provider TNG Digital Looks To Raise $150 Million For Expansion
Malaysian eWallet Provider TNG Digital Looks To Raise $150 Million For Expansion
January 21, 2021  |  Investments

TNG Digital, the venture launched by China’s Ant Group and Malaysia’s Commerce International Merchant Bankers (CIMB), is in talks to raise $150 million to fund...

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New Everpeaks Logistics Platform Uses Malaysian Free Trade Zone
New Everpeaks Logistics Platform Uses Malaysian Free Trade Zone
January 17, 2021  |  B2B Payments

Malaysian eCommerce logistics firm Everpeaks has launched a logistics platform called Fulfilment [sic] by Everpeaks that the company said will reduce costs for manufacturer-to-consumer shipping...

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