Malaysia: Maybank launches second edition of fintech startup programme

#MaybankFintech2016 website.

Malayan Banking Bhd (Maybank) is opening up opportunities to fintech companies worldwide to partner the banking group, through its second annual #MaybankFintech2016 programme.

The bank is targeting to attract at least 200 companies in its preliminary stage. These applicants will then undergo various shortlisting processes, which will ultimately see finalists invited to Kuala Lumpur.

Maybank head of corporate development and innovation Amran Hassan said, the initiative is part of the bank’s search for fintech, given its increasing importance.

He said, in a statement, the programme provides an ideal platform for fintech firms to meet and explore potential collaboration.

“By being in #MaybankFintech2016, participants will not only get a chance to meet industry experts within the bank, but also gain market validation and access to technical resources,” he added.

Amran said, as a leading banking group in the region, Maybank has always been committed to supporting value creation for the industry.

“Research shows that the adoption of technology is necessary to keep up with customer expectation on user experience. Hence, our interest in supporting this programme.”

The bank launched the inaugural programme last March, #MaybankFintech2015, which had generated a number of innovative ideas through the participation of more than 100 fintech firms from Malaysia, Indonesia, Singapore, Thailand, the Philippines, Vietnam, Japan, Tunisia, Ukraine, Chile and the United States.

Registration for #MaybankFintech2016 will be open until January 22, following which participating fintech companies will go through a series of preliminary evaluations. The grand finale will be held in March.

Also read: Maybank’s fintech startup programme garners participation from 115 tech firms

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Developing fintech: Cross-discplinary learnings, multi-stakeholder participation needed

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Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.