Malaysia Fintech Report 2021

 

 

Malaysia Fintech Report 2021

According to the International Monetary Fund (IMF)’s analysis, fintech is rapidly becoming a central part of Malaysia's financial sector, and it is on pace for expansion. Malaysia already had 198 fintech companies in 20191, and a number of banks have established fintech innovation projects to replace or improve their existing financial services.

The growth of the fintech market has required a massive and broadened regulatory system. Therefore, a business activity-based mechanism to regulate the fast-growing fintech companies has been leveraged by the Malaysian government. Meanwhile, the Malaysia Digital Economy Corporation (MDEC) is also stepping up efforts to push fintech development.

Report highlights:

监管-1
The overview of the development of the Malaysian fintech market and its regulatory system
分析-1
A comprehensive analysis of crowdfunding industry and online lending enterprises in Malaysia, through updated data
AI
ADVANCE insights: How to leverage artificial intelligence technology in the field of fintech

[1] Malaysia Fintech Report 2019, FINTECH MALAYSIA, http:// fintechnews.my

To download the report, please fill in the form below

For more information about ADVANCE.AI Malaysia Fintech Report 2021