20 Sep



WorldRemit launches digital money transfers from Malaysia

WorldRemit is the first international money transfer company approved by Bank Negara under Malaysia’s new regulatory Sandbox programme“Any international financial technology business wanting to achieve a real business presence in Asia Pacific needs to be in Malaysia. Malaysia has a strong economy and a flourishing fintech community. The growing recognition of the importance of innovation, through developments like the country’s new regulatory Sandbox and the Digital Free Trade Zone, signifies greater government policy support for businesses like ours.”“We’re very proud to be included in the first selective group of companies accepted into the Regulatory Sandbox programme. We look forward to offering our services to Malaysians, further supporting the move from archaic offline remittances to safer, faster and lower cost online transfer methods.”

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