• 8 months ago
12% of Malaysia ie; 7 million Malaysians, primarily from rural areas are unbanked - meaning they cannot access any financial services.

This is a dire need in Malaysia due to the country’s fast growth rate in mobile banking and e-money transactions, which quadrupled to RM800 billion in 2021.

Moreover, the existence of financial inclusion gaps among underserved communities such as women, gig workers, and lower-income earners requires significant attention.

Niaga Spotlight speaks with Nisa Ismail, CEO, Sedania As Salam Capital Sdn Bhd (SASC) about the latest in Financial Inclusion via FinTech to help close socioeconomic gaps, especially in rural areas.

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