Boost’s foray into digital banking on track


The central bank is expected to issue five digital banking licences to qualified applicants in the first quarter of this year after having attracted 29 applications last year.

KUALA LUMPUR: Axiata Digital Bhd’s financial technology (fintech) arm Boost Holdings Sdn Bhd is confident of securing one of the digital banking licences from Bank Negara.

The central bank is expected to issue five digital banking licences to qualified applicants in the first quarter of this year after having attracted 29 applications last year.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Central bank , Bank Negara , digital , banking ,

Next In Business News

YTL’s Francis Yeoh, Eu Yan Sang’s Anne Eu receive lifetime achievement awards in London
Doubts over Viet reform drive
Leadership exodus tests Malaysia’s digital banks
Capitalising on the tourism momentum
South African beauty market gets makeover
Navigating Fed uncertainty
Indonesia MSCI alert sends ripples to Malaysia
Chinese tea chains pour into US
Blazing a trail for fire safety
Bond buys fall flat

Others Also Read