Digital Penang partners Finexus and TNG Digital for Fintech Hackathon with US$18k prizes

Abstract image of code superimposed on a blue-tinted photo of servers in a server room.

Digital Penang is collaborating with Finexus Group and TNG Digital to launch their first Hackathon event featuring Finexus’ MyXaaS Innovation Platform offering US$18,000 (RM75,000) worth of prizes. 

A Virtual Hackathon, participants will compete to create a fintech digital product that will be judged based on 3 criteria: 

  • Innovation
  • Business Viability 
  • Integration Completeness

 

“The future of financial services will be disrupted by fintech and digital payments. Digital Penang is delighted to partner with leading players to develop our ecosystem and look for the next unicorn,” said Tony Yeoh, CEO of Digital Penang.

“We started a journey to help startups by providing them a combination of enabling technologies, financial services and business advisory support. That means guidance from real people with real-world know-hows. We will work alongside with these promising entrepreneurs to innovate and turn their ideas into reality, thus creating jobs that drive positive social impact,” said Clement Loh, CEO of Finexus Group.

Finexus will be opening up 40 MyXaaS APIs on its MyXaaS Innovation Platform for this Hackathon, including:

  • E-Wallet/International Prepaid Card (Visa or Mastercard)
  • Applicant Identification and Verification (e-KYC)
  • Automated Customer Due Diligence (Background Check and Credit Scoring)
  • Merchant Plug-in (E-Commerce)
  • Technical Guidance and Advisory

 

Finexus’ MyXaaS Innovation platform is a new one-of-a-kind platform offering Infrastructure, Software and Financial as a Service and it is open to startup, mid-growth, technopreneur and socialpreneur companies to accelerate, catalyse and enable the development of their digital business ideas for speedier go-to-market presence.

 

Registration

The Hackathon is opened for registration on 13th of October till 5th of November. It will kick-start from 12th of November for one month till 10th of December to give participants ample time to create innovative and viable products. The results will be announced by the end of the year.

Prizes are:

  • Champion: RM20,000 API Credits + RM10,000 Cash
  • First Runner-up: RM10,000 API Credits + RM5,000 Cash
  • Second Runner-up: RM6,000 API Credits + RM3,000 Cash
  • 7x Consolation:  RM2,000 API Credits + RM1,000 Cash

 

The API Credits are valid till the end of 2022.

 

Visit: https://www.digitalnewsasia.com/startups/digital-penang-partners-finexus-and-tng-digital-fintech-hackathon-us18k-prizes

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: https://www.chinapress.com.my/20221207/获paynet公司50万-finexus平台启用leasy/

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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

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