A tale of 44 cities | Kuala Lumpur S e l f e v a u l a t i o n o f t H h e u h b u b i i n n d i s c High Rank ix a t k o NEW HUB e y r s a r e a Kuala Lumpur s „ub profile Lu xem b A ou G b rg o u v e D C r h it n ab y m i e G n l o b a l F i t C n e s n t r e u K 4 p No formal ones, although ua 3 p la o Startupbootcamp have Lu r m t pur organized events in Malaysia e.g. in partnership with CIMB in October 2015. W In Malaysia, FinTech is a developing area and attracting significant arsaw interest. Malaysian financial services providers were initially nervous and sceptical about the emergence of a possible “threat” but they are In n INDEX SCORE o v now embracing the movement. iewise, the Malaysian regulators, a t Tel Aviv i o including the Malaysian entral an and ecurities ommission, have c n also oined in the effort to assist the development of FinTech. ­ith the noi 101 utlu support of industry players and regulators, coupled with a young tavo er population een to embrace technology, €uala umpur has the nnI lx Low Rank abolednI53 potential to be a hub of choice in outh ‚ast ƒsia. G 32 ise nisuB rt Reg ssegnioD xpe ulatio to e n ity xim Pro For mers eign st o custo Hub representative artups Proximity t FinTech Association of Malaysia CEO Source: Global FinTech Hubs Federation David Fong Produced by Deloitte 42