Malaysia’s Stock Exchange Completes Southeast Asia’s First Securities Lending Blockchain PoC

As part of the country’s revolutionary overhaul of its lending market, Malaysia’s stock exchange announced that it has just completed the Association of Southeast Asian Nations (ASEAN) region’s first of its kind proof-of-concept...

Lazada, Citi teams up for Southeast Asia’s first e-commerce credit card

Malaysia is the first country in the region where the card is launched.

Capital markets platform iSTOX secures Series-A funding

iSTOX is planned to be fully operational in 2020.

Kenanga Investors announces launch of unicorn-focused fund

The fund will feed into the target fund Ericsenz-K2 Global Unicorn Fund.

East Venture Leads Series A Funding Of Trading Platform Stockbit

Stockbit is an Indonesian based stock investing app targeting millennials.
MoneyMatch 2

Malaysian Fintech Startup MoneyMatch Granted Remittance License

The startup has expanded into a 50-person team and processed a total amount of transactions of more than MYR450M ( ~US$109M).

Cambodian Fintech DIGICRO Raises US$300K From Seed Funding

The funding is led by Japanese venture capital, Showcase Capital.
Credit Culture Singapore

Singapore fintech startup raises US$29.5 million funding from Malaysian RCE Capital...

Funds will be used to build the startup’s operational capabilities.

Microfinance lender MFIL adds on US$1 million debt from Maybank

MFIL will use the proceeds from the US$1 million equivalent loan to expand its business and loan portfolio.

CIP to divest 65 percent stake in LMG Chemicals, its manufacturing...

CIP has long been attempting to sell the shell company of LMG.
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