Digital Penang Fintech Hackathon 2021 winners announced

Winners of Digital Penang FinTech Hackathon 2021: 1st place 404 Not found, 2nd place Minerstech and 3rd place Canada Hippo

The Digital Penang Fintech Hackathon, a collaborative initiative of Digital Penang with its partners Finexus and Touch ‘n Go Digital, was a success. 

In a statement, the Penang-based government agency said the hackathon was held virtually for two months from November to December 2021 with 35 teams across Malaysia creating a fintech digital product on the Finexus’ MyXaaS Innovation Platform. 

It was the first hackathon event for Digital Penang which aims to accelerate efforts to spur the digital economy and open up more opportunities by connecting tech talents to industry leaders, it said.

A total of US$12,800 (RM54,000) in API credits and cash was awarded to the top three teams of the hackathon who were judged based on innovation, business viability and integration completeness of their fintech products.

Tony Yeoh, chief executive officer (CEO) of Digital Penang, said the Fintech Hackathon aims to encourage and motivate tech talents through the enabling of their creation in a real-world setting. 

“While major banking institutions and financial services are based in the Klang Valley, we hope to spur fintech innovations through hackathons that will disrupt the industry,” he said.

“We will be organising more hackathons to encourage and attract talents in our efforts of building the digital ecosystem,” said Yeoh.

The winning team is 404 Not Found for its charity cloud e-wallet, which turns savings’ interest into donations, taking home US$4,750 (RM20,000) API Credits and US$2,370 (RM10,000) cash.

The second and third place winners are MinersTech with its easy fundraising-packaged crowdfunding App, and Canada Hippo with its one-stop subscription management app.

Clement Loh, Finexus Group managing director and CEO, said the company is delighted to partner with Digital Penang in this hackathon with a common goal to help these organisations realise their opportunities. 

‘Finexus’ MyXaaS Innovation Platform is a foundry for builders offering ‘as a Service,’ including  financial capital lending and infrastructure as-a-service.

“Technopreneurs, academia and socialpreneurs can build their digital products and services faster by leveraging our proven solutions and approved financial licenses.”

“We invite all techno builders to our collaborative workspaces at our MyXaaS Innovation Centres, Penang and Cyberjaya as we would like to work with and lend them a hand to go-to-market sooner comprehensively,” said Loh.

Going forward, Digital Penang and Finexus will also be working closely to drive the digital ecosystem for the Creative Digital District @ George Town. 

Additionally, Finexus will invest US$2.37 million (RM10 million) to build the MyXaaS Innovation Centre in Penang over the next five years to collaborate with local academia and tech communities.



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/

Ketahuilah lebih lanjut lagi »
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

Ketahuilah lebih lanjut lagi »
Bahasa Melayu