Finexus Invests RM10 Million to Build Digital Penang’s Fintech Ecosystem

Launch of Creative Digital District by Penang Chief Minister, Chon Kon Yeow (5th from right) with Finexus Group MD and CEO, Clement Loh (most right)

Finexus, a Malaysian financial services technology vendor, announced that it will invest RM10 million in the next 5 years building a sustainable fintech eco-system in Penang.

The company will be collaborating with local fintechs and digital companies in the Creative Digital District @ George Town (CD2@George Town) to support Penang’s Digital Transformation Masterplan 1.0.

Finexus will work with VCs, fintechs, digital startups and mid-growth companies by providing them with its ready-to-use MyXaaS collaboration platform.

The platform offers services such as Application as a Service, Financial as a Service and capital lending.

These services will enable aspiring digital companies to develop their digital products, services and go to market by leveraging Finexus’ ready-to-use services without having to build many software components from scratch.

CD2@George Town will act as a catalyst to spur innovation and investments in digital technology, software services and creative arts.

In line with this, Digital Penang is targeting to attract 50 digital investors into with an investment commitment of 2,000 high-income jobs in the district over the next 3 years.

“MyXaaS Everything as a Service consists of software and financial services such as eKYC remote onboarding, credits background checks, legal agreement digital signing, cards wallets and payments acceptance processing such as DuitNow and Mastercard brands, Buy Now, Pay Later and ERP services and much more. All MyXaaS services comply with and have obtained regulatory approvals, where required.” said Clement Loh, Group MD and CEO of Finexus Group.

“This partnership is in line with our aim towards driving the digital journey as we utilise digital technologies in a more pervasive way. With Finexus establishing a Fintech R&D hub in Penang, we believe that our talents will be well-equipped to adapt to a world of rising automation and software.” said Tony Yeoh, CEO of Digital Penang.




Tech Wrapped 2022

Finexus announces an investment of RM10 million over the next five years Local technology group Finexus announces an investment of RM10 million over the next

Read More »
finexus paynet agreement chinapress

获PayNet公司50万 Finexus平台启用Leasy

(吉隆坡6日讯)科技金融服务提供商Finexus集团宣布,具有账单拆分功能的 Leasy应用程式将通过大马 付网有限公司(PayNet)提供高达50万令吉的资 金,于MyXaaS Innovation平台上正式启用。 FINEXUS集团在文告指出,Leasy应用程式于今年8月在PayNet的首届金融科技电子支付加速器计划中 Finexus选为其中6家最有前途的金融科技初创企业决赛入围者之一。PayNet零售支付服务董事凯鲁安指出,Leasy应用程式的创新账单机器阅读理解技术与DuitNow Request结合,用于进行账单拆分并大致解决已知的问题,最终改善大马人的用户体验。 MyXaaS Innovation平台是一个专门为初创企业打造的软件铸造厂,可利用已有的应用程式介面(API)快速构建他们梦想中的应用程序。Finexus集团总执行长罗宝儿也希望,能通过现成且已验证的MyXaaS Innovation平台加速Leasy应用程式的商业化,从而无需经历繁琐的过程获取符合的监管许可、复杂合规要求认证以及数百万投资收益。 Visit:获paynet公司50万-finexus平台启用leasy/

Read More »
finexus paynet agreement zh

FINEXUS 与其 MyXaaS Innovation Platform中的账单拆分应用程序签署协议,并从 PayNet 获得高达 500,000 令吉的资金

Finexus 将通过 Payment Network Malaysia Sdn Bhd (PayNet) 提供高达 500,000 令吉的资金,用于 MyXaaS Innovation Platform上启用账单拆分功能的Leasy App。 Leasy App于今年8月在 PayNet 的首届Fintech ePayments Accelerator Programme中被Finexus 选为其中六家最有前途的金融科技初创企业决赛入围者之一。 “对其令人鼓舞的发展,我们感到万分高兴。 与

Read More »
English (UK)