Fintech
Sina Amini and ‘Team Transformers’ Announced as Top Winners of Maybank GO Ahead. Challenge (MGAC) 2019
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After an intense 10-day competition, the Top Winners of the Maybank GO Ahead. Challenge (MGAC) 2019 were revealed at The Party in Kuala Lumpur. In its 8th instalment this year, MGAC, Maybank’s award-winning, multi-disciplinary talent acquisition and recruitment programme remains an innovative recruitment platform to spot, build and nurture diverse, global talent.
Sina Amini from Iran came out the Global Champion of MGAC 2019 and was awarded an opportunity to pursue a two-week internship at any Maybank office around the world. Meanwhile, ‘Team Transformers’ comprising Finalists from Malaysia, Cambodia, the Philippines and Thailand emerged as the Global Champion, and walked away with an all-expenses paid trip to attend the Future Festival Chicago – an innovation conference that gathers all of Chicago’s top innovators. ‘Team Dark Knight’, with Finalists from Malaysia, the Philippines, Indonesia, Iran, and Cambodia was the first runner-up and won an all-expenses paid trip to the Web Summit in Lisbon, Portugal where Fortune 500 companies, ground-breaking start-ups and world class speakers will gather later this year. The second runner-up went to team ‘The Guardians of the Galaxy’ comprising finalists from Hong Kong, Singapore, and the Philippines who will be attending the Singapore Fintech Festival.
“MGAC has taught me that you can do whatever you want if you put your mind to it and you’ve got to be open to taking on new challenges. The simulations we experienced have taught us to be resilient even when things are not in your control but having the Maybank team and our assessors guide us definitely helped us to keep moving forward and grow as individuals and a team,” said Lee Dai Wei, Team Leader of Team Transformers.
The ultimate reward for the shortlisted Finalists is a conditional offer to join Maybank in its entry-level pipeline programme, Global Maybank Apprentice Programme (GMAP), a two-year rotational management trainee programme to take on international assignments at any of the 18 Maybank offices globally.
“MGAC has definitely taught me a lot at every level – from the campus levels to the global finals which felt like 60 years packed into 10 days. The experience and steep learning curve that I’ve been on in the past 10 days was a real eye opener and such an incredible experience. I owe it to Malaysia because it was the first country that I came to after leaving Iran. Malaysia has always been the country I’ve come back to as it’s helped me grow so much in the past years – and that’s very crucial for me. I’m excited to continue learning and ready to start my journey with Maybank Malaysia,” said Sina Amini, Global Champion of MGAC 2019.
With an all-new approach to progressive hiring, MGAC 2019 is redefined through the gamification of the programme to enhance the participants’ user experience. Themed Challenge of Choice, the MGAC 2019 participants were also given free rein to sculpt their own experience in this competition – from choosing their teammates to the challenges they uptake – which added greater depth to the competition. A key differentiator introduced was the Resurgence Mode, which offered the participants who did not make it past Campus and National Levels a second chance to be apart of Global Finals via nomination from other finalists. Aimed at providing participants with a first-hand encounter with growing and sustaining a business in challenging environments, the Global Finals provided finalists the opportunity to manage the full business cycle of companies from various industries.
MGAC 2019 has seen an astounding 300% increase in participation from the previous year, clearly reflecting the popularity of the competition and its new approach amongst the new generation of hires. This year, Maybank received over 35,000 applications from more than 105 nationalities.
SOURCE Maybank
Plug and Play, a global accelerator platform and one of the most active early-stage investors globally, has announced a strategic partnership with Gujarat International Finance Tec-City (GIFT City). Through the partnership, Plug and Play will establish and run the International Fintech Innovation Hub (IFIH), GIFT City’s FinTech Incubator and Accelerator, which aims to foster research and innovation in financial technology, reinforcing GIFT City’s role as a premier global fintech hub.
GIFT City’s MD and Group CEO, Mr. Tapan Ray, said, “Our vision at GIFT City is to drive fintech innovation by creating a climate-resilient, inclusive ecosystem that empowers diverse entrepreneurs and builds workforce competitiveness in emerging technologies. With the support of prominent partners in fintech education and incubation, we are committed to nurturing a new generation of talent that will be well-equipped to meet the needs of an evolving global economy.”
Manav Narang, Head of Financial Services for Plug and Play APAC and Program Lead for the GIFT Incubator and Accelerator added, “We are thrilled to bring Plug and Play’s global expertise to GIFT City. Our vision is to create India’s largest industry-wide fintech program – a collaborative platform where banks, payments corporations, venture capital and corporate venture capital firms, accelerators, and ecosystem partners unite. Together, we aim to catalyze transformative fintech solutions and nurture fintech unicorns that will shape the future of finance in India.”
The program will support fintech startups with resources, mentorship, capital, and networking to navigate and excel globally in the dynamic fintech landscape. The first batch of startups will be unveiled in January 2025.
The post Plug and Play and GIFT City Launch “IFIH,” a Global Fintech Incubator and Accelerator appeared first on .
Doo Group’s brokerage brand, Doo Financial is thrilled to announce its expansion into Indonesia by acquiring a reputable Indonesian broker to expand the business. This move brings its global investment services to local investors. Backed by the strength of Doo Group’s extensive international presence, cutting-edge technology, and 10 years of expertise, Doo Financial is well positioned to support investors at every level.
As a brand encompassing investment services offered by various legal entities within the Doo Group, Doo Financial provides a comprehensive range of global brokerage services. This wide range of products empowers investors to pursue their financial goals.
With a diversified portfolio, Doo Financial empowers investors to navigate various market conditions effectively, manage risks, and focus on long-term growth. This entry into the Indonesian market reflects Doo Financial’s commitment to supporting investors with flexible, high-quality investment options tailored to today’s dynamic financial landscape.
Supervision by International Regulatory Institutions to Ensure Top-Tier Safety
As a global leading finance group, Doo Group has licensed entities regulated by top regulatory authorities worldwide, ensuring a secure and reliable trading environment.
Our global credentials include licenses from the U.S. Securities and Exchange Commission (US SEC), the Financial Industry Regulatory Authority (US FINRA) in the U.S., the Financial Conduct Authority (UK FCA) in the UK, the Australian Securities and Investments Commission (ASIC), the Hong Kong Securities and Futures Commission (HK SFC), Badan Pengawas Perdagangan Berjangka Komoditi (BAPPEBTI) in Indonesia. These licenses enable us to provide secure and reliable financial services globally.
Dedication to Shape the Industry with Innovative Solutions
Doo Financial’s expansion into Indonesia brings advanced technology and a global perspective to empower local investors. As an international investment firm committed to secure and seamless trading, Doo Financial offers a diverse range of products and services to help diversify portfolios and open up new opportunities.
This growth elevates opportunities for Indonesian investors by offering seamless access to global markets and advanced trading platforms within a secure and regulated environment. It broadens investment choices and enhances the trading experience, aligning it with international standards and empowering local investors with comprehensive tools and resources for success.
Driven by unwavering commitment, this growth marks a significant milestone in Indonesia’s investment landscape, equipping our clients with the tools to navigate global markets. We remain dedicated to delivering exceptional service, exploring new opportunities, and driving future breakthroughs. With continued support from the FinTech community, we are excited to innovate and shape the future of finance.
Stay updated with the latest insights from Doo Financial. Join our community of empowered investors and let us be your trusted partner!
E-mail: [email protected]
The post Doo Financial Now in Indonesia: Offering Local Investors A Gateway to Global Markets appeared first on .
Fintech is on an accelerated trajectory of investment, collaboration, and innovation. This pulse tracks the most significant developments in the sector, from high-profile investments to global platform expansions. Each update in this briefing serves as a key indicator of where the industry is headed.
1. European Fintechs Face Regulatory Pressures Amid New Investment Surge
The European fintech sector finds itself at a crossroads with increasing scrutiny and rising costs due to stringent regulations. While investments continue to flow into the continent’s financial technology companies, challenges in meeting new compliance requirements, especially around data privacy and cybersecurity, create a complex landscape for scaling. This tension between opportunity and operational limitations might affect European fintechs’ growth strategies.
Source: Financial Times
2. Shopify, Slack Founders Join Peter Thiel in Fintech Investment Push
Tobi Lütke of Shopify and Stewart Butterfield of Slack, along with investor Peter Thiel, have co-invested in a new fintech initiative that aims to bolster small business access to capital. By merging technology with a streamlined funding model, this new initiative targets underserved SMBs, highlighting a broader trend of high-profile tech leaders pivoting to fintech investment. The participation of Lütke and Butterfield signals increased cross-sector collaboration in fintech, bringing expertise from e-commerce and communication technology into the financial arena.
Source: Yahoo Finance
3. Lean Technologies Raises $67.5 Million to Drive Fintech Innovation in the Middle East
Riyadh-based fintech platform Lean Technologies recently secured a $67.5 million Series B investment round, aiming to expand its operations across the Middle East. This funding reflects growing investor interest in emerging markets and the potential of Middle Eastern fintech to bridge regional gaps in financial services access. As Lean Technologies broadens its service offerings, the funding will support further technological integration and scalability across financial ecosystems in the region.
Source: Fintech Global
4. Apollo Global Management Invests in Fintech for Private Offerings Support
Apollo Global Management has taken steps to enhance its services for private offerings by investing in specialized fintech solutions. This development signifies a growing trend among private equity firms to adopt fintech as a core component in their service expansion, particularly for personalized client services. Apollo’s strategy of integrating fintech solutions into private offerings marks a strategic shift toward digitalization within traditional financial sectors.
Source: Bloomberg
5. Juniper Research Names 2025’s Future Leaders in Fintech
Juniper Research has revealed its picks for the top future leaders in fintech for 2025. This list emphasizes innovation in fields such as AI, open banking, and decentralized finance, highlighting startups that exhibit potential for reshaping industry standards. As these up-and-coming firms push the boundaries of traditional finance, they exemplify the rising tide of next-generation financial technology poised to become industry mainstays.
Source: Globe Newswire
Conclusion
The convergence of seasoned tech giants with fintech, new funding rounds for region-specific platforms, and the rise of future industry leaders underscore the momentum of the fintech sector. Each of these stories reflects a broader narrative: fintech is not only diversifying in services but also rapidly integrating into traditional finance and tech, paving the way for a transformative era.
The post Fintech Pulse: Evolving Fintech Investments and Partnerships Signal Industry Transformation appeared first on HIPTHER Alerts.
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