These collaborations aim to accelerate Malaysia’s digital economy through next-generation infrastructure and financial inclusion initiatives, marking a significant step forward in the country’s digital transformation journey.

Futu Holdings Limited announces its expansion into Malaysia with its super investment platform, moomoo, introducing a comprehensive suite of tech-driven offerings to promote financial inclusion.

The World Bank approved financing of $450 million for advancing financial and digital inclusion to continue supporting the government in implementing reforms to improve financial inclusion, digital entrepreneurship and more in Morocco.

The agreement was concluded as part of the Regional Investments initiative launched by BCP to assist innovative Moroccan solutions.

The financing is part of a program that supports policy measures to enable the rollout of the country’s social protection program, including the creation of digital IDs and cashless payments as part of cash transfer programs.

The announcement came on International Women’s Day, a worldwide celebration of womanhood and femininity and a focal point in the global movement for women’s rights.

These findings were from a survey to better understand how the COVID-19 pandemic has affected the remittance habits of those living in Malaysia.

This is a continuation of the EIB's action carried out for several years in favor of microfinance in Morocco and is part of the bank's response aimed at supporting  micro-entrepreneurs, in the context of the COVID-19 crisis.

Morocco’s Foreign Exchange Office has announced that remittances from the Moroccan diaspora continue despite the COVID-19 pandemic.

The P2P operator provides shariah-compliant and conventional financing from RM1,000 to RM50,000 ( about $233.69 to $1168.43) to microenterprises.