Maybank launches fintech sandbox to help regional startups develop financial products

Maybank Sandbox will enable team members from different countries to collaborate on the same virtual environment


BEAM Team

7 Jun, 2017

Maybank launches fintech sandbox to help regional startups develop financial products | BEAMSTART News

- From our Sponsors -

Malaysian bank Maybank has launched a regional, collaborative fintech sandbox aimed at helping ASEAN fintech startups test and develop their products.

The Maybank Sandbox provides developers with real banking APIs to connect and make use of existing banking functions. It also offers simulated data for analytics and simulation, as well as development tools to enable them to create new web and mobile applications.

Maybank Sandbox will also enable team members from different countries to collaborate on the same virtual environment.

A person can put a fintech idea, which can be a new service, product, tool, game or code fix into Maybank Sandbox. The idea creator would have to state key information such as high-level scope and use cases.

A developer can access the sandbox and choose to pursue any idea, working independently or in collaboration with multiple developers. Once the solution is completed, the developer(s) can publish the solution back to the idea creator.

“Our aim is to be the leading platform for aspiring FinTechs, technologists, technology enthusiasts and even students from anywhere in the world who want to learn about developing real world solutions to ideas that not only come from banks but also brokers, insurance companies and other non-bank organisations,” said Maybank Group Chief Technology Officer Mohd Suhail Amar Suresh.

“Hence, the Maybank Sandbox is developed with a simplified and intuitive UX and is packed with functionality, tools and environments, to ensure that it is friendly to non-technical or expert users,” he added.

While Maybank may be one of the first private financial institutions in the region to set up a sandbox, the Monetary Authority of Singapore (MAS) has already taken the lead in setting up fintech regulatory sandbox this year. Singapore-based insurtech startup PolicyPal became the first startup to join the sandbox.

- From our Sponsors -

Latest Jobs

Sales Development Representative

Fresco

California,

Full Time

USD 55000 — USD 120000 yearly

Account Executive

GrowthBook

Full Time

USD 100000 — USD 150000 yearly

Growth Marketing Manager, SEO & GEO

Firecrawl

Contract

USD 70000 — USD 100000 yearly

Android Engineer

Ziina

Full Time

USD 80000 — USD 140000 yearly

Founding Design Engineer

Solve Intelligence

England,

Full Time

USD 70000 — USD 150000 yearly

Backend Developer

CozmoX AI

Karnataka,

Full Time

USD 2500000 — USD 6000000 yearly

Sales Development Representative

Corgi

Texas,

Full Time

USD 90000 — USD 150000 yearly

Fullstack Engineer at Bemlo - Linear for healthcare scheduling (W22)

Bemlo

Stockholm County,

Full Time

USD 90 — USD 160 yearly

Forward Deployed Finance Systems Analyst

Concourse

New York,

Full Time

USD 120 — USD 160 yearly

Sales Development Representative

Camber

New York,

Full Time

USD 60000 — USD 120000 yearly

BEAMSTART is a hub for everything Startups, Entrepreneurship, and Innovation. Connect with a global community of people, and stay updated with the latest startup jobs, news, and discussions.

 
© 2016 - 2025 BEAMSTART. All Rights Reserved (Legal).