Over-regulation of fintech firms hogs limelight at forum

Rithaudden: ‘SMEs represent about 97 of business establishments in Malaysia and this means many of them will require financing.’

Need for alternative financing options for SMEs also discussed

KUALA LUMPUR: The need for alternative financing options for SMEs and the over-regulation by authorities faced by fintech (financial technology) companies were among the key arguments raised at a discussion among stakeholders of the financial sector.