Business

Brightnet ID System’s double-digit growth holds the keys to business survival

Kuala Lumpur, 12 March 2021 – If there is a positive take to the COVID-19 outbreak, it is that businesses were propelled into embracing digitisation and the Internet of Things (IoT), especially when it comes to daily operations. Brightnet ID System Sdn Bhd can attest to this, judging by the up-take of its Intelligent Key Management …

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Newly Launched convertCASH Revolutionises “We Pay for You First” as a Service Platform

Malaysia, 5 March 2021 – With the Covid-19 pandemic, many are looking to stretch their cash reserves and convertCASH, a revolutionary fintech platform is helping its users to do exactly that.  The fast-growing, innovative fintech solution allows users to pay monthly car and home installments up to 45 days without any interest. convertCASH which was launched …

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Netizen eXperience: Malaysians prefer e-wallets and debit cards as payment methods amid the COVID-19 pandemic

KUALA LUMPUR, 24 February 2021 – Netizen eXperience recently conducted a survey which found an encouraging number of Malaysians moving towards e-wallet and debit card transactions, especially since the enforcement of the Movement Control Orders (MCO). “We recently carried out a survey on more than 1,000 Malaysians between the age of 18 and over 65. …

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Indonesia’s E-grocery Industry Poised to Hit USD 6B GMV by 2025

Jakarta, 23 February 2021 – According to L.E.K. Consulting’s latest insights, Indonesia’s e-groceries market is nearing a turning point in drivers of penetration. In the broader Asian context, operators in the space have enjoyed success in markets like China and South Korea. COVID-19 is likely the catalyst that leads to a step-change in Indonesia’s e-grocery …

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LuLu Financial Holdings acquires 70.83% stake in Malaysia’s NS Cashpoint

Kuala Lumpur, 4 February 2021– In a sign of the global payments industry’s increasing pace of consolidation and acquisition, Lulu Financial Holdings- a payment UAE based holding company with investments in financial service and fintech product worldwide, has taken a 70.83% stake in Malaysia’s NS Cashpoint- a leading payments player in the APAC region. The …

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Everpeaks® Launches Integrated Logistics Platform, Gives Impetus To Southeast Asian Fulfilment Automation And M2C Commerce

Kuala Lumpur, 19 January 2021 – Everpeaks®, Malaysian based omnichannel ecommerce solutions provider, today launched Fulfilment by Everpeaks (FBE), a duty-free, integrated warehousing and fulfilment solution that facilitates global manufacturer to consumer (M2C) commerce. The platform integrates marketplaces and websites, while connecting sellers to distributors and consumers, eliminating multiple layers of traditional retail operations and market barriers. This allows global brands to extend …

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NEXEA And MDEC Team Up Again To Prime Local Entrepreneurs For Growth

Kuala Lumpur, 23 December 2020 – Local startup investment company NEXEA Angels Sdn Bhd and Malaysia Digital Economy Corporation (MDEC) earlier today announced the renewal of their partnership agreement for the Entrepreneurs Programme (EP), a platform for entrepreneurs to form journey-enriching connections with peers and like-minded individuals to gain fresh perspectives and learn from one …

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Moneysave Crowdfunds more than 100 Investments with average 13.96% p.a. yield

Kuala Lumpur, 2 December 2020 – MoneySave, a P2P Crowdfunding Platform registered with Securities Commission Malaysia have crowdfunded its 100th investment note on 27/11/2020 with a total of RM 7.68m invested since launching 7 months ago. Amazing: 13.96% p.a. Returns, 2.3 months Tenure “Investors are yielding average returns of 13.96% p.a. with an average tenure …

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Moneysave: 1st in World P2P Crowdfunding with more than 20 Risk Reduction Incentives

Kuala Lumpur, 26 November 2020 – MoneySave, a recognised market operator with Securities Commission Malaysia is introducing the 1st in World P2P Crowdfunding in the World with more than 20 Risk Reduction Incentives to SMEs or issuers seeking funding on its platform. ZERO (0%) Default Rate With its unique risk reduction incentives, MoneySave has been …

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