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Axiata Digital inks MoU with CGC for potential Digital Bank Guarantee
KUALA LUMPUR, 28 June 2021- Axiata Digital’s fintech holding arm, Boost Holdings Sdn Bhd (Boost Holdings), through its subsidiary Axiata Digital Capital Sdn Bhd (Aspirasi) today became the first digital banking license aspirant to collaborate with Credit Guarantee Corporation Malaysia Berhad (CGC) for a potential digital bank guarantee. The Memorandum of Understanding (MoU) aims to accelerate financial inclusion for the underserved and unserved segments.
Axiata and RHB Formalise Joint Bid for Digital Bank License and Group-wide Partnership
KUALA LUMPUR, 02 June 2021- Kuala Lumpur, 2 June 2021 – Axiata Group Berhad (Axiata) and RHB Banking Group (RHB) (together “Parties”) today formalised an MoU (“Partnership”) to expand and deepen collaborations between both Parties. The most advanced of these is the signing of a comprehensive Heads of Agreement (“Agreement”) between an Axiata subsidiary, Boost Holdings Sdn Bhd (Boost Holdings) and RHB to form a consortium to apply for a digital banking license (Digital Bank) under the framework issued by Bank Negara Malaysia (BNM). Both Parties consider this Partnership as a robust platform to drive innovation, increase competitiveness and accelerate the country’s digital transformation and financial inclusion ambition.
Boost Holdings acquires 68.75% stake in KIMO, gears towards regional Digital Financial Services ambitions
KUALA LUMPUR, 24 May 2021- Kuala Lumpur, 24 May 2021 – Boost Holdings Sdn Bhd, Axiata Digital’s fintech holding arm heats up the race for regional digital financial services offerings with a 68.75% equity acquisition in an Indonesian licensed entity, PT Creative Mobile Adventure. PT Creative Mobile Adventure operates a telco supply chain model financing business under the brand KIMO with the limited number of peer-to-peer full digital financing licenses issued by OJK (Otoritas Jasa Keuangan, Indonesia).
Aspirasi introduces Aspirasi CashNow that offers simplified access to digital financing for shoppers on Lazada Malaysia
KUALA LUMPUR, 23 March 2021- Kuala Lumpur, 23 March 2021 Online shoppers who are looking for flexible financing options can now apply for Aspirasi CashNow, a fully digital financing solution offered by Aspirasi, a digital micro financing and micro insu rance service provider under Axiata Digital. Available on Lazada Malaysia, a leading eCommerce platform in the country, Aspirasi CashNow is open for application by all Malaysians aged 18 to 65 years old, who have an active Lazada Wallet account.
SME Corp. Malaysia and Aspirasi Collaborate to Provide Micro-Financing for SMEs in Malaysia
KUALA LUMPUR, 30 September 2020- Kuala Lumpur, 28 September 2020 - SME Corporation Malaysia (SME Corp. Malaysia), an agency under the Ministry of Entrepreneur Development and Cooperatives (MEDAC), has signed a partnership agreement with Aspirasi, a digital financing services provider under Axiata Digital, to empower SMEs in the country through digital financing solutions.
Axiata Digital and Great Eastern announce strategic investment and deepen collaboration in Fintech services
KUALA LUMPUR, 25 June 2020- Axiata Digital, the digital services arm of Axiata Group Berhad (“Axiata” or “the Group”) today announced a strategic investment of US$70 million (RM299.355 million) by Great Eastern to boost its fast-growing digital financial services (“DFS”) business across the region.
Axiata, Celcom and Boost Launch RM150 Million Cash Fund to Give Immediate Assistance to Micro-SMEs Impacted by COVID-19
KUALA LUMPUR, 25 March 2020- As part of their ongoing corporate community commitment, Axiata Group Berhad (“Axiata” or the “Group”) together with its subsidiaries Celcom Axiata Berhad (“Celcom”), edotco Group (“edotco”) and Axiata Digital announced the launch of a RM150 million cash fund to provide financial assistance to micro-SMEs. Axiata’s COVID-19 Assistance Program includes an initial contribution of RM20 million from the Ministry of Finance.
GHL Systems Berhad and Aspirasi collaborate to narrow the financial inclusion gap for micro-entreprenuers and SMEs in Malaysia
KUALA LUMPUR, 19 February 2020- GHL Systems Berhad (GHL) and Aspirasi, a digital financing platform and fintech provider under Axiata Digital have formed a partnership to provide SMEs and micro-entrepreneurs in the country with digital access to GHL’s new financing business.
Axiata Digital Capital and Great Eastern ink regional strategic partnership to offer innovative insurtech solutions in Malaysia and Indonesia
KUALA LUMPUR, 12 December 2019- Axiata Digital Capital, a fintech service provider operating under the brand name Aspirasi, and Great Eastern, have signed a strategic partnership to provide affordable and customized insurance and takaful products for consumers, micro-entrepreneurs and SMEs. Fully digital, this will be offered on Aspirasi and its partner platforms.
Press Releases| 12.12.2019
Axiata Digital Capital (Aspirasi) partners Great Eastern to offer affordable insurance and takaful productsRead More
Press Releases| 24.10.2019
Axiata Digital's Aspirasi teams up with Lazada to provide financing to micro-entreprises and SMEsRead More
Press Releases| 08.09.2019
Axiata Digital partners with CIMB Group to provide financing solutions to SMEsRead More
Press Releases| 10.07.2019
Apigate: Penggunaan API Dapat Meningkatkan Pengoperasian Digital & Pendapatan Kepada SyarikatRead More
Press Releases| 29.09.2020
SME Corp partners Aspirasi to provide micro-financing for SMEs in MalaysiaRead More
Press Releases| 25.06.2020
Great Eastern Invests US$70M in Axiata Digital — The Largest Fintech Investment in Malaysia YetRead More
Press Releases| 26.03.2020
Axiata launches RM150m cash fund to assist to MSMEs impacted by Covid-19Read More
Press Releases| 28.06.2021
Axiata Digital, CGC team up for potential digital bank guaranteeRead More
Press Releases| 02.06.2021
Malaysia's Axiata joins hands with RHB Bank to seek digital bank licenceRead More
Press Releases| 02.06.2021
Awake Asia Merges with ADA to Unleash End-to-End eCommerce Across 10 CountriesRead More
Press Releases| 01.06.2021
Malaysian Youth to Each Receive up to RM300 in Rewards, Earn up to RM1,500 Income and A Chance to Win Prizes Worth RM50,000 When Redeeming RM150 eBelia Credit with BoostRead More
Press Releases| 24.05.2021
Axiata Digital fintech arm Boost Holdings buys controlling stake in Indonesian entityRead More
Press Releases| 11.05.2021