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: 18
Cxense type: free
User access status: 3

MoneyMatch , Malaysia , Fintech , Adrian Yap , award ,

   

Did you find this article insightful?

Yes
No

Next In Business News

Morgan Stanley CEO's annual pay rises by over 20%
‘Unstoppable’ luxury stocks remind some investors of US tech
Ambani’s Reliance doubles down on 5G pledge after record profit
PUNB offers payment deferment, rental discount
CPO futures may undergo technical correction next week
Blackstone-backed Patria eyes expansion in Latam, Asia
METALS: Tin, aluminium, copper prices down
Oil price falls on China's COVID-19 cases, high crude build
IBM, Intel slump weighs on Wall St as coronavirus concerns rise
GLOBAL MARKETS-Weak data, earnings drag stocks lower

Stories You'll Enjoy