Fintech News Malaysia - part of Fintech News Network

Huge thanks to Vincent Fong, Chief Editor at Fintech News Singapore - part of Fintech News Network, for a fantastic conversation with our Founder & Group CEO, Simon Loong, at Money20/20 Bangkok earlier! 🎙️✨ A key focus of the discussion was the opportunity in Thailand. WeLab strongly supports the Bank of Thailand’s objective for issuing virtual bank licenses – to 𝐝𝐫𝐢𝐯𝐞 𝐟𝐢𝐧𝐚𝐧𝐜𝐢𝐚𝐥 𝐢𝐧𝐜𝐥𝐮𝐬𝐢𝐨𝐧 𝐭𝐡𝐫𝐨𝐮𝐠𝐡 𝐭𝐞𝐜𝐡𝐧𝐨𝐥𝐨𝐠𝐲 and encourage 𝐨𝐩𝐞𝐧 𝐜𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐨𝐧 in the market. He also shared our bold vision to differentiate ourselves from larger companies, exemplified by our Hong Kong digital bank, WeLab Bank, which achieved break-even in just four years—faster than industry peers! 🎉💰 We are committed to building 𝐭𝐡𝐞 𝐟𝐢𝐫𝐬𝐭 𝐭𝐫𝐮𝐥𝐲 𝐩𝐚𝐧-𝐀𝐬𝐢𝐚𝐧 𝐝𝐢𝐠𝐢𝐭𝐚𝐥 𝐛𝐚𝐧𝐤, especially as regulators focus on issuing new banking licenses and digital banking gains popularity. This ambitious vision will be supported by an innovative AI deployment plan and backed by our recent investment from the Hong Kong Investment Corporation Limited (HKIC). 📈    🔗 Watch the full interview here: https://lnkd.in/gT3nJzHN   #Fintech #DigitalBanking #Innovation #WeLab #Money2020 #HongKong #Thailand #FinancialInclusion #OpenCompetition WeLab WeLab Bank WeLend Simon Loong Kelly Wong Ernest Leung Tat Lee Rachel Lam Paul Ip Jessica Lam Renee So Ken Chen Nap Chan Kent Choi Yier C. Cannas Ng Kayley So Brian Sy Kenny Shea Yu Han Yong Millie P. Marco Lee Kenny Cheng Chung Wing Mok Dorothy Chan Alva Lee Derek Yip Crystal Wong Elaine Lai Viann Kwok Kathy Fu Brian K W Chan

Calling all fintech startups! PayNet (Payments Network Malaysia) is officially rolling out its Fintech Hub! This exclusive event gathers innovative startups, fintech professionals, investors, and experts for networking and collaboration. Don't miss out—register your interest today: https://bit.ly/4i87ZWH #fintech #Malaysia #event #innovation #startup #finance

Happy Labor Day! Today, we celebrate the hardworking individuals driving innovation, resilience, and progress in every industry — including the future of finance. Here’s to the people behind the platforms, the code behind the convenience, and the vision behind the virtual economy. #LaborDay #Fintech #FutureOfWork #DigitalFinance

What is Bank Negara Malaysia doing to advance fintech in Malaysia? I had the rare opportunity to sit down with Deputy Governor Adnan Zaylani at Money20/20 to deep dive into various fintech initiatives and get a peek behind the curtains behind some key policies around digital banking, digital insurance, islamic finance, cross border payments and more. It provides a complete picture of everything you need to know about fintech regulation Malaysia. We also spoke about Fintech News Malaysia - part of Fintech News Network collaboration with the regulators in organising our Fintech Frontiers 50 awards in conjucntion with MyFintech Week The event is set to take place in August, and its the first time Bank Negara Malaysia is working together with Securities Commission Malaysia alongside AICB Malaysia Digital Economy Corporation (MDEC) , and Fintech Association of Malaysia to put on an amazing show. Check out the full interview here https://lnkd.in/gDUt-tgC Check out our awards show here https://lnkd.in/efMMit4p (More info for the full event to come soon)

What does Bank Negara Malaysia have in mind for the future of fintechs in Malaysia? What are the gaps in fintech and insurtech, and what are the areas that require more growth? We were honoured to speak with Deputy Governor Adnan Zaylani to uncover the potential of the Malaysian fintech industry recently at the Money20/20 Asia event. Watch the video now to gain insights: https://lnkd.in/gvy5mdtQ #Policy #Fintech #Regulators

Our Chief Editor, Vincent Fong, will be hosting a Fireside Chat with Xing Xian Ang, Co-Founder of CapBay at the upcoming PayNet Fintech Hub launch event. The duo will talk about Capbay’s story and its dedicated mission to address SME’s financing challenges via P2P Financing. Don’t miss this engaging conversation - register and attend the event: https://bit.ly/44iPzPS PayNet (Payments Network Malaysia) #Startup #FiresideChat #PayNet

We're #hiring a new Sales Assistant (B2B Fintech Media) in Malaysia. Apply today or share this post with your network.

We're honoured to be joined by a panel of experienced, powerful judges on our quest to select the finest fintech founders of ASEAN - do you think you can stand out and be recognised by them? Nominate now to find out: https://lnkd.in/gbXNmVBw Fintech Frontiers 50 is our initiative to spotlight ASEAN's best fintech founders and inspire the next generation of founders, to be held in conjunction with Bank Negara Malaysia and Securities Commission Malaysia's MyFintechWeek. Selection of winners is strictly based on merit - there's no pay-to-win or pay-to-play here. Learn more about the awards: https://lnkd.in/gsvW8kPa Many thanks to our judges for contributing their valuable time and expertise: - Coenraad (Coen) Jonker, Founder & Chairman, Tyme - Carrie Suen, Head of Global Affairs and Strategic Developments, Ant International - Ravi Kittane, Partner, EY - Jaclyn Tsai, Chairperson, Asia FinTech Alliance (AFA) - Amrish Rau, CEO, Pine Labs - Vincent Fong, Chief Editor, Fintech News Network #FintechFrontiers50

Prof. Dr. Amir Shaharuddin and Prof. Dr. Abdul Rahim Abdul Rahman are new members of BNM's Shariah Advisory Council Read here: https://lnkd.in/gHWcfSFS #fintech #Malaysia #Shariah #Malaysia

Scarlett Chai, Country Manager of Luno Malaysia, shares her insights on the intersection of TradFi and crypto. Read here: https://lnkd.in/gf47NFcf #fintech #crypto #Malaysia #blockchain #finance #TradFi