Here’s Why You Should Pay Attention to Southeast Asia’s Hidden Fintech Gem: Malaysia

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The story "Here’s Why You Should Pay Attention to Southeast Asia’s Hidden Fintech Gem: Malaysia" was covered 6 days ago by Fintech News Malaysia, a news publisher based in Malaysia.

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Fintech News Malaysia 6d ago

Here’s Why You Should Pay Attention to Southeast Asia’s Hidden Fintech Gem: Malaysia - Fintech News Malaysia

Quick Summary:

The digital economy is widely seen as a critical driver for global growth as many countries have long realised how digital technologies and services have been significant drivers of their economic development.

These major touchstones include the rapid transition to Quick Response codes (QR codes) for cashless payments – a move that DuitNow and Malaysian e-wallet players have popularised; wider adoption of instant cross-border payments between Malaysia and its neighbours around Southeast Asia; and ramping up interest for Malaysia’s new digital banks, three of which have already come online and quickly acquired a growing user base.

With Fintech as a service provider Soft Space, it grew from its Malaysian roots into an Asian-wide solutions platform for digital payments.