MoneyLion — an American digital bank powered by Malaysians

MoneyLion — an American digital bank powered by Malaysians. [Newspaper] (2021)


DIGITAL banks have yet to commence operations in Malaysia, but the operations of a US-based digital bank, MoneyLion Inc, are being supported out of an office in Kuala Lumpur by local software engineers and data scientists.

Listed on the New York Stock Exchange in September, MoneyLion is a top 10 digital bank in the US that was co-founded by Foong Chee Mun, a Malaysian who also serves as its chief technology officer.

In a recent interview with The Edge, Foong reveals that the group, which currently employs over 250 technologists in the areas of data science and machine learning, product management, product engineering and cybersecurity, is expecting to double the size of its Malaysian office.

Since its launch in 2013, the group has established itself in the American market as a full-service digital platform that delivers mobile banking, investment solutions and personalised solutions.

Item Type: Newspaper
Keywords: Digital platform, Digital bank, Artificial intelligence, Machine learning
Taxonomy: By Subject > Computer & Mathematical Sciences > Computer Science
By Subject > Computer & Mathematical Sciences > Information Technology
Local Content Hub: Subjects > Computer and Mathematical Sciences
Depositing User: Mohd Aizat Abd Halim (Seremban)
Date Deposited: 22 Feb 2022 23:38
Last Modified: 24 Feb 2022 05:45
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