July, August & September 2020
Startup News Asia’s third quarter 2020 round-up of Malaysia’s startup news from July, August and September.
Each news headline listed below details a tech or startup news item from Q3 2020 connected with an aspect of Malaysia’s startup ecosystem; a Malaysian startup announcing a new service, product or VC investment, or an article covering something affecting Malaysia’s startup ecosystem in some way, such as a government or corporate startup investment program, for instance.
The focus is obviously on Malaysia’s startups, but technology and startup news headlines are included from the wider SEA region and the world beyond where useful to provide points-of-reference, food for thought, and wider industry knowledge.
September 2020 | August 2020 | July 2020
Malaysia’s startup news: September 2020
- Malaysia: E-commerce Payments Trends, from JP Morgan – “…forecast to grow at a compound annual growth rate of 24 percent a year…”
- Malaysia: Akru robo-advisor launches equity crowdfunding campaign with platform analysing financial goals to generate personalised investment plan
- Malaysia’s Asia Mobiliti reaches semi-finals of Toyota Mobility Foundation global smart city competition, the City Architecture for Tomorrow Challenge
- ScaleUp Malaysia partners Singapore’s Quest Ventures VC firm to aid Malaysian start-ups with regional growth, generating FDI deal for Malaysia worth $1M
- Malaysia: Selangor Accelerator Programme 2020 unveils 10 startups graduating from 4-month virtual program
- Malaysia: Hong Leong Bank HLB Launchpad 2020 mentorship platform applications close September 25th, seeking fintech startups
- Malaysia: Gobi Partners and Sunway Group unveil the 3 startup winners of SuperSeed II Championship, spanning fintech, real estate tech and more
- Malaysia: A deep dive into HLB Launchpad, Hong Leong Bank program seeking fintech startups and innovations – applications close September 25th
- Malaysia: JomParkir secures Series A with smart parking solutions including data exchange, customer and valet apps, e-ticketing and more
- Malaysia: An overview of MaGIC’s programmes, including Global Market-fit Programme, helping Malaysian startups to broaden their reach and growth opportunities
- Download: Digital Peace Now Society’s International Cyberwarfare Awareness Report, gathered from the US, India, South Africa, Malaysia, Mexico and France
Malaysia’s startup news: August 2020
- Malaysia: A profile of Blinq, digital marketplace focused on luxury fashion using AR to allow shoppers to try on clothing, virtually
- Thailand’s RISE corporate accelerator expands with Malaysian Global Innovation and Creativity Centre partnership in advance of 2020 Global Accelerator Program
- Malaysia: A look at Peninsula College’s future hub, The Ship Campus, set to feature the Entrepreneur Growth Hub coworking space alongside education facilities
- Malaysia Digital Economy Corporation partners Malaysia Digital Hub for daily Digital Hub Pass to boost entrepreneurial connections and startup activity
- Malaysia: Hong Leong Bank launches HLB Pocket Connect, allowing parents to set tasks and goals for children to earn extra pocket money, alongside ‘junior debit card’
- Malaysia: A look at Moovby, startup connecting vehicle owners with people who need a car, providing vehicle owners with income and drivers with anytime mobility
- Malaysia: Oxwhite e-commerce site on track to fulfill RM12M sales pledge to equity crowdfunding investors with launch of Shopee-based online store
- Malaysia: JurisTech acquires iMoney, adding personal financial education to enterprize-focused fintech solutions
- Australia’s Shippit logistics startup expands to Malaysia through partnership with Ninja Van, regional area-focused courier that offers COD options for the unbanked
- Government agencies in Malaysia and Indonesia sign cooperation agreement to establish ‘collaborative framework’ for fintech development, aiming for joint projects
Malaysia’s startup news: July 2020
- Malaysia: Seedstars World Kuala Lumpur applications close July 31st, taking place entirely online
- CEO of Malaysian Global Innovation and Creativity Centre on ‘The Malaysian Approach for Advanced Technology’
- Malaysia: MaGIC moved from Ministry of Entrepreneur Dev and Cooperatives to Science, Tech and Innovation Ministry
- Malaysia: GoGet marketplace for on-demand errands and deliveries preps to represent Malaysia at AIM 2020 Global Startups Champions League in Dubai
- Malaysia: Sunway iLabs launches Super Accelerator in partnership with Gobi Partners VC firm and others, focusing on 5 early-stage startups across 5 verticals
- Malaysia: Petronas Ventures invests in 500 Startups-backed SOLS Energy solar photovoltaic system startup
- Malaysia: Instapay Technologies gains partnership with Mastercard to offer electronic wallet accounts to migrant workers and the unbanked
- Malaysia Digital Economy Corporation launches 6-month Founders Grindstone program to help scale digitally-focused businesses, MDEC’s 6th funding initiative in 4 months
- Malaysia: Government allocates $74M to strengthen startup industry, post-COVID-19, via Technology Start-up Funding Relief Facility
- Malaysia: Stock exchange to explore digitization of bond market via blockchain in Project Harbour initiative with Labuan Financial Exchange
