Malaysia’s fintech ecosystem in 2024 reflects the nation’s rise. With a population of over 33 million people, the country has strategically positioned itself in Southeast Asia.
In 2022, Malaysia’s economy was divided as follows: agriculture contributed 8.92 per cent of the GDP, industry accounted for 39.1 per cent and services dominated with 50.93 per cent. The nation’s GDP per capita stood at nearly $12,000, placing Malaysia comfortably in the upper-middle-income category.
Malaysia has advanced and well-developed its financial services sector through significant restructuring and…
