Banking and Financial

How to Raise $1 Million in Capital, According to a Founder Who Did It

When raising capital, entrepreneurs should consider accelerator programs, target the right investors and scrap money-limiting thoughts, says Shop Latinx founder…

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Was TNG eWallet removed from the App Store because of TNG NFC card reload feature?

Touch ‘n Go eWallet, one of Malaysia’s largest eWallet, was mysteriously removed from the Apple App Store. As a result,…

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Malaysia’s new digital banks unlikely to shake up sector

THE five new digital banks that have obtained licenses in Malaysia are likely to assume niche market roles rather than…

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ManagePay Systems shares down 9% after failing to secure digital banking licence

Shares of ManagePay Systems Bhd (MPay), a fintech and payment solution enterprise, fell as much as 8.57% to touch an…

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MoneyMatch Set to Raise Series B Following Digital Bank License Win

Malaysian fintech startup MoneyMatch announced that it is one of the participants of the consortium led by KAF Investment Bank which was…

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Bank Negara Malaysia Announces Much Anticipated Digital Banking License

The central bank said all 29 applications received were thoroughly assessed pursuant to section 10 (1) of FSA, and IFSA,…

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And the five recipients of Malaysia’s digital banking licenses are..

It has been almost a week since Bank Negara Malaysia was supposed to announce the 5 recipients of digital banking…

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Softbank borrows JPY35 billion to fund ‘Society 5.0’ 5G build

Japanese operator Softbank played up the societal benefits of 5G as it raised fresh funds for its network rollout.

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Meta is reportedly making ‘Zuck Bucks’

Meta may have given up on its Diem cryptocurrency, but the company is still exploring finance products, according to a…

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#GotGoldorRubles? Russia Just Broke the Back of the West

THE RUSSIAN CENTRAL BANK WILL RESTART BUYING GOLD FROM BANKS AND WILL PAY A FIXED PRICE OF 5,000 ROUBLES PER…

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Green Startups, Flush With Cash, Face Pressure to Make Climate Advances

Last year venture capitalists put a record $45 billion into roughly 1,200 green startups, about twice as much as the…

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Companies Put Brakes on $25 Billion of Deal-Making as War Rages

Russia's war on Ukraine is affecting deal-making across the globe, with nearly $25 billion in deals dropped since the start…

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Co-Founder Of Malaysia’s First Tech Unicorn Carsome Joins Endeavor’s Board Of Directors

Co-founder and group chief executive officer (CEO) of Carsome, Eric Cheng, has been appointed by global high-impact entrepreneurship movement Endeavor…

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African private equity: compelling opportunities while many foreign investors remain on the sidelines

According to Preqin’s 2022 Global Private Equity Report, the total size of the global private equity (PE) and venture capital (VC)…

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Malaysia’s illegal crypto mining reaches an all-time high in 2021

According to Bukit Aman Criminal Investigation Department (CID) chief Datuk Seri Abd Jalil Hassan, crypto crimes like illegal bitcoin mining…

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