Banking

Has fintech lost its shine?

By YVONNE TAN
Fintech platform MoneyLion Inc, co-founded by Malaysian Foong Chee Mun, for instance, has seen its stock crash more than 80% since its debut on the New York Stock Exchange in September 2001.

FINANCIAL technology or fintech, has been around for some time now.

And yet it is not easy to find a successful global story amongst them, more so a listed one.

The Star Festive Promo: Get 35% OFF Digital Access

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
fintech , stocks , losses , vulnerability , digitalbanks , profitability

Next In Business News
Ringgit likely to trade cautiously next week ahead of key US data
Powering a new reinvestment cycle as demand surges
Up in Arms - or up the value chain?
Asia bonds for diversification
Singapore’s financial sector a big winner
Smart city can’t beat the traffic
AI disruption fears rock markets
Private equity hits a sixer
Dubai luxe property keeps booming
US LNG exporters lead in gas use

Trending in Business

Others Also Read

Load more

Copyright © 1995- Star Media Group Berhad [197101000523 (10894-D)]

Best viewed on Chrome browsers.