A tale of 44 cities | Kuala Lumpur S e l f e v a u l a t i o n o f tH h eu hb u bi in nd i sc High Rankixa t ko e yr s a r e a Kuala LumpursBest workspace and accelerators Hub features Top FinTech companies „ub profile Technologies PrimeKeeper, SoftSpace, GHL System Berhad, Jinerxu and RinggitPlus. Lu xem Cloud computing Big investors b AouG Venture capitalists such as 500 Startups, Gobi Partners, KK Fund, Venturra Capital, brgo Mobile uv e DCr IMJ Investment Partners, Axiata Digital Innovation Fund, among others. hitn Social media abym ie Gn l o b a l F P2P networks it Cn es n t r eu K4p No formal ones, although Success stories ua3p Payment gateways lao Startupbootcamp have Lur The equity crowdfunding platform and the P2P lending platform that were mt pur organized events in Malaysia e.g. initiated by the Securities Commission are among the top success stories of in partnership with CIMB in Innovation areas Malaysia. October 2015. W In Malaysia, FinTech is a developing area and attracting significant arsaw Capital markets The future interest. Malaysian financial services providers were initially nervous E-commerce The results of the successful applicants for the regulatory sandbox is much and sceptical about the emergence of a possible “threat” but they are In n INDEX SCOREo awaited. This will set the tone for FinTech in the financial services space, and will now embracing the movement. iewise, the Malaysian regulators, va t likely also shape the regulations that are to come. The more challenging economic Tel Avivi o Challenges including the Malaysian entral an and ecurities ommission, have c n environment in Malaysia will see more startups competing for funding. also oined in the effort to assist the development of FinTech. ­ith the noi101utlu Regulatory uncertainty support of industry players and regulators, coupled with a young tavoer around applying legacy population een to embrace technology, €uala umpur has the nnI lx regulations to new Low RankabolednI53 technologies potential to be a hub of choice in outh ‚ast ƒsia.G Low access to capital Skills shortages - technology 32ise nisuBrt RegssegnioDxpe ulatio to e nity xim Pro Formers eign sto custo Hub representativeartupsProximity t FinTech Association of Malaysia CEO David Fong 43