MALAYSIA’S financial sector is undergoing a digital revolution that extends beyond convenience and efficiency. Fintech (the fusion of finance and technology) is redefining how Malaysians save, spend, and invest, while simultaneously driving the nation towards a more sustainable, inclusive, and low-carbon future.
Over the past few years, Malaysia has witnessed an extraordinary shift from cash to digital transactions with more than 30 million registered users of mobile wallets nationwide. According to Bank Negara Malaysia’s Financial Sector Blueprint Progress Report 2024, Malaysians made an average of 409 electronic payment transactions per capita – surpassing national targets two years ahead of schedule.
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