Malaysian fintech firms to form association


The FinTech Association of Malaysia (FAOM) protem president GHL director David Fong (2nd left) explaining the association's plans as the voice of Malaysia's FinTech industry. With him were the other founding members GoBear Country Director Iskandar Ezzahuddin, Jirnexu CEO Siew Yuen Tuck, and GetCover CEO Paul Khoo.

KUALA LUMPUR: Malaysian financial technology (fintech) firms are setting up their own umbrella body as a platform for these emerging companies to work with industry regulators and expand their business.

The FinTech Association of Malaysia (FAOM) protem president, David Fong, said by having a unified voice, they could engage regulators to have “orderly disruption instead of chaos”.

Subscribe now and receive FREE sooka plan for 1 month.
T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Business , Fintech

   

Next In Business News

Boon or bane?
Bane or boon?
Staying RE-laxed in Malaysia
GDP growth on track with 5.3% 3Q expansion
Planters on better footing for monsoon
Beware the tax
It looks terrific for terraced houses
HR challenges in strata property
Ringgit to see tight trading amid cautious mode next week
PM Anwar: RM1.24bil potential export to Peru generated

Others Also Read