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Encouraging digital innovation in Malaysia's financial sector: RHB

AvantiKumar | Oct. 2, 2015
The RHB Banking Group has signed on as the exclusive partner with Startupbootcamp Fintech.

RHB Fintech 

Photo - (From left) Dato' Khairussaleh Ramli, Group Managing Director for RHB Banking Group; and Markus Gnirck, Global COO & Co-founder of Startupbootcamp Fintech sealing the partnership to nurture Fintech startups.


To encourage more digital innovation in Malaysia's financial sector, the RHB Banking Group has partnered exclusively with Startupbootcamp FinTech

The Fintech startup bootcamp is taking place in Singapore, sad Dato' Khairussaleh Ramli, group managing director, RHB Banking Group.

"Through our partnership with Startupbootcamp, our customers can expect to see the integration of seamless and innovative digital solutions from some of the best global and regional FinTechs, empowering RHB's customers with personalised, conveniently accessible, and secure services through digital channels - creating the best experience possible in their interaction with RHB," said Khairussaleh.

"This is in line with our Digital Strategy which includes collaborating with innovative FinTech start-ups to nurture and grow their businesses," he said

"We are proud to be a part of this strategic alliance, driving financial innovation in Malaysia and the ASEAN region, and giving young FinTech start-ups the boost that they need in contributing towards a robust and vibrant financial services industry," added' Khairussaleh.

Markus Gnirck, co-founder of Startupbootcamp FinTech, said, "We are very excited to have RHB joining us as a partner in Malaysia. This gives FinTech startups a great opportunity to connect with the Malaysian market and its customers through RHB. We are looking forward to supporting the growth of the regional FinTech ecosystem and foster change in the industry."

Gnirck said Startupbootcamp FinTech was a European accelerator, providing FinTech startups with funding, mentorship and guidance from leading financial services industry partners. "Startups will also gain access to a global network of investors and venture capitalists."

The Asia accelerator programme launched in December 2014 in Singapore, received more than 300 applications from 38 different countries for the inaugural programme.

For the upcoming 2016 Startupbootcamp FinTech Programme, ten startups from across the region will be selected to attend a 3-month accelerator programme in Singapore, where they will collaborate with more than 200 mentors, partners, and investors to develop world-class FinTech products for the financial services market.

RHB will offer FinTech startups in Malaysia the opportunity to connect with regional and global companies and investors.

Under this partnership, RHB will be involved in the evaluation process, funding, mentoring for the FinTech Accelerator programme, as well as organising of Fast Track Days and Hackathons in Kuala Lumpur.


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