Hextar Technologies ventures into fintech with mobile super-app


From left: Hextar Technologies Solutions group deputy CEO and executive director Choo Joon Keong, chairman Tan Sri Muhammad Ibrahim and group CEO and executive director Datuk Eddie Ong Choo Meng

KUALA LUMPUR: Hextar Technologies Solutions Bhd (HexTech) has ventured into fintech with the introduction of its MoneyX, fintech mobile super-app.

The app, a personal financial information management app with artificial intelligence (AI) supported tools, was first released by its wholly-owned subsidiary Hextar Vision Sdn Bhd in September 2023.

MoneyX aims to promote financial literacy and management, by making information pertaining to available financial products and services accessible and easily understandable to users, and thus, empowering users in making responsible and informed financial decisions, said Hextar in a statement.

MoneyX also includes a secure digital vault where users can store important documents like bills, insurance policies, and agreements, ensuring easy access and organisation.

Users are also given the option to utilize the reminder/notification feature in MoneyX which will prompt users regarding any upcoming payment or renewal deadlines.

“The collaboration with financial institutions and financial service providers reflect the industry’s excitement towards the offerings envisioned by HexTech in the MoneyX ecosystem as the go-to app for all things in personal finance.

“HexTech has put in a lot of effort into MoneyX, which is one of our key initiatives in the pursuit of opportunities in the technology sector," said group CEO and executive director Datuk Eddie Ong Choo Meng.

He said the company plans for MoneyX to become the leading fintech company in Malaysia in three years before going global.

HexTech has allocated RM100mil to build and promote MoneyX, he added.

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