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Fintech

Boost Bank Launches in Malaysia, A New Era of Digital Banking

Rary Maharani
Last updated: June 11, 2024 1:47 am
Rary Maharani
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1 Min Read
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  • Boost Bank, a joint venture between Boost Holdings and RHB Bank, launches in Malaysia.
  • Boost Bank offers perks for transacting with launch partners.
  • Boost joins two operational digibanks, with two more consortia holding licenses in Malaysia.

Contents
From e-wallet wizard to digibank dynamoPerks galore for early birds

From e-wallet wizard to digibank dynamo

Boost Bank, a joint venture between Boost Holdings and RHB Bank, has officially opened its virtual doors in Malaysia.

With the backing of Axiata Digital Services and Singapore’s Great Eastern, Boost Bank is ready to take the digital banking world by storm.

Its existing e-wallet service, which boasts over 11 million users and 630,000 merchant touchpoints, makes the transition to a full-fledged digibank a breeze.

Perks galore for early birds

Boost Bank is rolling out the red carpet for its launch partners, offering special interest rates for customers who transact with the likes of CelcomDigi, Mydin, and other supermarket and retail chains.

Boost Bank is the newest kid on the block, joining two other operational digibanks in Malaysia.

But wait, there’s more! Two other consortia are holding licenses from Bank Negara Malaysia, ready to jump into the fray.

To read the original article: https://www.techinasia.com/axiata-backed-boost-bank-officially-opens-for-biz

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