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MyCash is an e-marketplace for unbanked migrants in Malaysia; raises US$556K in crowdfunding led by Cradle Fund

MyCash enables migrants to purchase products and services such as phone credits and bus tickets without using bank account, credit cards, or prepaid cards 

Malaysian online classifieds company Frontier Digital Ventures invests in AutoDeal, Propzy

AutoDeal is a new car sales portal in the Philippines, and Propzy is a transaction-focused classifieds business in Vietnam 

Maybank launches fintech sandbox to help regional startups develop financial products

Maybank Sandbox will enable team members from different countries to collaborate on the same virtual environment 

Singapore O2O retailer Naiise to enter Malaysia, its first step outside of Lion City

Naiise has been a champion of #GoLocal and wants to bring the mantra to Malaysia (and eventually the UK) 

Hong Kong online tutoring platform Snapask raises US$5M, targets 4 million users in Southeast Asia

Snapask allows students to ask questions to the platform and get real-time responses from actual tutors 

Gobi Partners sells Hermo stake to istyle, a Japanese cosmetics e-commerce company

Hermo is one of the success stories for startups in the Johor Bahru area 

webe customers in Malaysia can now purchase videos, games on Google Play without credit/debit card

Telekom Malaysia's subsidiary webe has partnered with mobile payments company Fortumo to launch a direct carrier billing solutions 

Taiwanese online travel marketplace KKday expands to Malaysia; betting big on the growing Malay, Chinese communities

KKDay provides consumers with over 6,000 travel experiences from 53 countries and 170 cities all over the world 

Alibaba to facilitate cross-border e-commerce trade between Malaysia and China

SMEs can leveraging Alibaba’s internet and data technologies for cross-border e-commerce and will get easier access to customs clearance, inspection and permit issuance 

What exactly is the Malaysia Digital Free Trade Zone and its impact?

The free trade zone will surely bring opportunities, but SMEs will also need to be ready for 2019, as increased opportunities often come with increased competition