MoneyMatch clinches Asean SME award


From left: MoneyMatch co-founder Naysan Munusamy, CFO Raja Adam and CEO Adrian Yap

SINGAPORE: Malaysian fintech startup MoneyMatch was recognised as one of three winners for the Asean SME category at the recent Singapore Fintech Festival 2018.

MoneyMatch, which began operations in October 2017, was the only fintech startup representing Malaysia from a total of 40 shortlisted finalists.

Other winners in the Asean SME category include fintech startups from Indonesia and Thailand.

MoneyMatch co-founder and chief executive officer Adrian Yap said the award recognition solidifies its belief that Malaysian tech companies can compete and excel on a global stage such as the annual Singapore FinTech Festival.

“We would also like to record our appreciation to Bank Negara for allowing us to begin this journey with its innovative sandbox programme, and the encouraging support offered by Cradle Fund Sdn Bhd which has seeded us with their technology commercialisation grant earlier this year,” Yap said in a statement.

MoneyMatch is approved by Bank Negara under its fintech sandbox in June 2017 and was the first to launch a fully electronic know-your-customer (eKYC) user onboarding process through their mobile app.

To date it has transacted close to RM300mil with over 10,000 registered users and close to 500 SME customers taking advantage of its cheaper pricing and faster disbursement speeds compared to bank’s traditional telegraphic transfer.

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 46
Cxense type: free
User access status: 3
Join our Telegram channel to get our Evening Alerts and breaking news highlights

MoneyMatch , Malaysia , Fintech , Adrian Yap , award ,

   

Next In Business News

Bursa lacklustre after overnight decline on Wall Street
Maybank IB lowers earnings projections on Globetronics
Kenanga maintains 'outperform' on Kossan
Trading ideas: Kossan, Globetronics, DNex, VSTECS, AirAsia
US metals buyers paying highest ever premium for Aluminium
IMF raises growth forecasts for rich nations, dims outlook for Malaysia and developing world
Microsoft scores record quarterly profit on cloud boost
GameStop to join S&P MidCap 400 index next week
Oil prices steady as virus spread counters tight supplies
Wall St snaps five-day up streak as caution rises before tech earnings, Fed

Stories You'll Enjoy


Vouchers