Fintech Association of Malaysia(FAOM)

Resources to
help you grow

You’ve done your market research and most importantly you’ve validated your business model! Now you’re probably thinking, the only thing to do now is to grow your FinTech company, but sadly you’re unsure on how you should start. Well, how about starting off with these 3 important things, funding, talent and regulations.

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Funding

One of the main challenges of growing a business is the need for funding. There are actually many forms of funding opportunities in Malaysia that your company can leverage upon. The opportunities range from government programmes, big venture capitals and all the way to small time investors in the peer-to-peer (P2P) lending platforms. Here are seven types of funding options that you may wish to look into. One of them might just be the perfect fit for your enterprise.

Talent

Another essential element for a company to grow is by having well-performing, innovative and productive talents in your startup or company. As a growing business, resources might be still limited, so it is important to hire a talent that matches your company’s values, goals and mission. With the influx of graduates entering the workforce each year in Malaysia, there are many job portals educational institutions in Malaysia that might help you find your right talent.

Resources
to help
you grow

You’ve done your market research and most importantly you’ve validated your business model! Now you’re probably thinking, the only thing to do now is to grow your FinTech company, but sadly you’re unsure on how you should start. Well, how about starting off with these 3 important things, funding, talent and regulations.

Funding

One of the main challenges of growing a business is the need for funding. There are actually many forms of funding opportunities in Malaysia that your company can leverage upon. The opportunities range from government programmes, big venture capitals and all the way to small time investors in the peer-to-peer (P2P) lending platforms. Here are seven types of funding options that you may wish to look into. One of them might just be the perfect fit for your enterprise.

Talent

Another essential element for a company to grow is by having well-performing, innovative and productive talents in your startup or company. As a growing business, resources might be still limited, so it is important to hire a talent that matches your company’s values, goals and mission. With the influx of graduates entering the workforce each year in Malaysia, there are many job portals educational institutions in Malaysia that might help you find your right talent.

Educational Institutions​

With technology forever evolving, keeping up to date with the basics and new information is important. With this, Malaysia’s higher education plays a key role in producing graduates that are equipped with the skills that employers will need. Most FinTech courses cover quantitative methods, financial accounting, essentials of FinTech and other important aspects of financial technology.

Regulations

Malaysia is a country that is very receptive towards FinTech innovation and technology. However, the regulatory landscape over the FinTech industry in Malaysia is still fairly new and ever changing. Beware that a huge regulatory fine might significantly hurt the resources of your growing company. To prevent any regulatory or legal problems while operating your FinTech startup or company in Malaysia, we highly recommend that you keep updated on all the regulatory guidelines issued by these entities.

Educational Institutions

With technology forever evolving, keeping up to date with the basics and new information is important. With this, Malaysia’s higher education plays a key role in producing graduates that are equipped with the skills that employers will need. Most FinTech courses cover quantitative methods, financial accounting, essentials of FinTech and other important aspects of financial technology.

Regulations

Malaysia is a country that is very receptive towards FinTech innovation and technology. However, the regulatory landscape over the FinTech industry in Malaysia is still fairly new and ever changing. Beware that a huge regulatory fine might significantly hurt the resources of your growing company. To prevent any regulatory or legal problems while operating your FinTech startup or company in Malaysia, we highly recommend that you keep updated on all the regulatory guidelines issued by these entities.
Expand your business to the entire ASEAN! Better yet, go big or go home,