Fintech

Airwallex plans to double its Malaysia headcount in 2026 after processing more than RM2 billion in remittance volume in the country in 2025.

TNG Digital and Webull Malaysia have launched global share trading inside GOfinance, giving eligible TNG eWallet users access to US, Hong Kong and China A-share markets.

Skyro has received a moneylender's licence from Malaysia's KPKT, clearing the way for online lending in its second Southeast Asian market after the Philippines.

Alpaca Securities Pte. Ltd. has received in-principle approval from MAS for a Capital Markets Services licence. Once fully licensed, the Singapore entity plans to offer brokerage and custodial services to financial institutions in Southeast Asia.

PIDM has introduced a Resolvability Assessment Framework that sets clearer expectations for how Malaysian banks prepare for resolution.

Luno Malaysia, Halogen Capital and Kenanga Investors are exploring UMYR, a ringgit-pegged stablecoin for settling tokenised money market fund transactions.

Boost has signed a memorandum of understanding with Tencent Cloud covering cloud infrastructure, AI and super app technology across Malaysia and Indonesia. Financial terms were not disclosed.

Syfe has crossed SGD20 billion in assets under management, with more than 400,000 users across Asia Pacific.

DANA has added 01Fintech as a new investor, backing plans to expand its financial services in Indonesia.

Agrobank has recovered RM1.505 million tied to its RM203.8 million fraud case, with the funds traced to 60 accounts after Sessions Court approval.