Please be informed that Cradle office will be closed throughout the MCO period as part of our effort in flattening the curve of COVID19 cases in Malaysia.

Our Startups Stories

MoneyMatch Announced As First To Graduate BNM’s Sandbox at MyFintechWeek

MoneyMatch Announced As First To Graduate BNM’s Sandbox at MyFintechWeek

Published 18 June, 2019

It’s official, MoneyMatch is now the first to graduate Bank Negara Malaysia’s regulatory sandbox. This was announced during a session titled “Thinking Inside the Sandbox” at MyFintech Week 2019 jointly organised by Bank Negara Malaysia and MDEC.

 

This announcement follows the news of MoneyMatch’s approval in principle for a class-b remittance license just last April. Concurrent with the graduation, MoneyMatch also received full approval from the regulator to conduct their remittance business

 

Speaking at the event, Adrian shared that MoneyMatch entered the sandbox with the mentality of a regulated entity and hired an experienced compliance team. He added that it’s just good practice for startups to have.

 

Source from Fintech News




IMPORTANT NOTICE ×

Dear Valued Entrepreneurs, Partners & Start-ups, The Malaysian Government has announced a Movement Control Order (MCO) from the 13th January – 26th January 2021 in 6 states including Kuala Lumpur by the Prime Minister, Tan Sri Muhyiddin Yassin on the 11th January 2021.


Please note that Cradle has never appointed any agent or representative to act on our behalf. If you have been approached by any party, who claims to be the representative or agent appointed by Cradle, who claims to be able to facilitate or guarantee in securing grants/funds from Cradle, whether in return for a fee/favour or otherwise OR if you have doubts about the authenticity and credibility of such party, please contact the Management immediately.