BFM 89.9

HIGHLIGHTS 
Podcast  >  Enterprise  >  Enterprise Explores  >  How Fintech In Malaysia Matured In 2023, How The Malaysian Landscape Standouts, And Key Trends Ahead

How Fintech In Malaysia Matured In 2023, How The Malaysian Landscape Standouts, And Key Trends Ahead

Low Zhen Hui, Managing Partner, Artem Ventures | Farah Jaafar, Vice President, Fintech Association of Malaysia (FAOM)

05-Feb-24 12:00

How Fintech In Malaysia Matured In 2023, How The Malaysian Landscape Standouts, And Key Trends Ahead

2023 saw fintech funding in Southeast Asia hit a 5-year low as fintech firms in the region raised just US$2 billion in 2023, down 65% from 2022 and 77% lower than 2021, while the number of deals fell 50% — just 142 in 2023 compared to 288 in 2022, as per the Tracxn Geo Annual Report: SEA FinTech 2023.

With this in mind, Enterprise Explores the dynamic and rapidly evolving fintech sector in Malaysia, with Farah Jaafar, Vice President of Fintech Association of Malaysia (FAOM) and Low Zhen Hui, a Managing Partner at venture capital firm Artem Ventures.

Among other things, we got into where the Malaysian fintech scene is today and the milestones and challenges over the past year, key trends to watch ahead, the importance of bringing in talent, whether investor confidence in the sector has wavered, and much more.

Produced by: Roshan Kanesan

Presented by: Roshan Kanesan


This and more than 60,000 other podcasts in your hand. Download the all new BFM mobile app.

Categories:  technologyeconomyCorporatesmanaging

Tags:  FAOMfintechfundingventure capitalinvestor confidence





Play / Pause

Listen now : The 6AM Stretch: Thought-provoking discussions on ideas, people and events shaping our...

Today’s Shows



6:00 AM

The 6AM Stretch

Thought-provoking discussions on ideas, people and events shaping our lives.

7:00 AM

World Market Watch

Joe Quinlan, Chief Market Strategist, US Trust-BOA Private Wealth Management tells us where international markets are heading.

7:15 AM

Morning Brief

We recap global and local headlines from today's papers and portals.

7:30 AM

Morning Brief

Sarah Jane Mahmud, Senior Industry Analyst, Bloomberg Intelligence discusses the outlook for Singapore banks.

7:45 AM

Morning Brief

Khairy Jamaluddin, podcaster and former Minister of Health discusses Bukit Damansara protest and sustainable urban planning.

8:00 AM

The Breakfast Grille

Koichiro Satomi, Deputy Group Managing Director of Asia Pacific Kinokuniya and Managing Director for Kinokuniya Malaysia talks about what differentiates Kinokuya from other bookstores in the country and more.

8:30 AM

Morning Brief

Nigel Wong, President of MATTA, on the tourism industry's expectations of Budget 2025.

8:45 AM

Morning Brief

Dr James Chin, Professor in Asian Studies, University of Tasmania discussing key developments on Sabah state elections.

9:00 AM

Opening Bell

(REPEAT) Joe Quinlan, Chief Market Strategist, US Trust-BOA Private Wealth Management tells us where international markets are heading.

9:15 AM

Opening Bell

(REPEAT) We provide an update on the FBM KLCI, the counters gaining and losing the most value, as well as the listed players that are moving the local bourse the most.

9:35 AM

People, Planet, Profit

Belinda Schape, China Policy Analyst at CREA, discusses what China’s first emissions cut target of up to 10% by 2030 means for its climate ambitions.

10:05 AM

Open For Business

11:00 AM

Marketing Mojo

12:00 PM

Enterprise Explores

1:00 PM

The Breakfast Grille Repeat

Our flagship show, we feature both game-changers and groundbreakers in the hot seat.

2:05 PM

Discovery Hour

An eclectic selection of BBC shows, curated with variety in mind.

3:05 PM

Beyond the Ballot Box

Representatives from the Gender Budget Group share their wishlist for Budget 2026 and what it takes to build a more inclusive and equal Malaysia across genders.

4:05 PM

Health & Living

Breast cancer is one of the most treatable cancers if detected early, so why are some women still refusing to do mammograms today? We speak to community advocates on how we can change things up.

5:00 PM

Top 5 at 5

6:00 PM

Talkback Tuesday

8:00 PM

BBC World Service