In Malaysia, fintech is a part of everyday life and has become an integral part of the country’s financial sector. With a high mobile phone penetration rate, expansive internet connectivity and strong support from the financial regulators – fintech has become part of everyday life for all citizens. The digital journey Malaysia is on, driven by the Government and industry has also included the adoption of blockchain technology across all industries including finance.

Home to digital banks, insuretechs, payment gateway operators, consumer credit digital platforms, digital asset exchanges, crowd funding/peer to peer programmes, and a strong ancillary services ecosystem, Malaysia has a truly a diverse and deep fintech landscape, driven by strong domestic demand.

To better support this extensive landscape, we are structured along the following industry verticals, from which key development initiatives are spearheaded: