MyWeW will assist women to obtain digital banking services including entrepreneurial financing, micro-loans, applying for debit and credit cards, and opening digital bank accounts. – AFPPIXCNAsia Corp Bhd has entered into a memorandum of understanding with Intcys Sdn Bhd to embark on women digital banking business with its social enterprise, Women Empowering Women .
Against this backdrop, the MyWeW digital bank intends to focus on assisting women to obtain digital banking services including entrepreneurial financing, micro-loans, applying for debit and credit cards, and opening digital bank accounts. For the venture, both parties would make the effort to adhere and apply to the licensing requirements imposed by the central bank along with other authorities for the digital banking licence.
MyWeW’s adviser and Pengerang parliament member Datuk Seri Azalina Othman Said commented that any digital banking business that caters to women is an interesting niche market which should be encouraged as it would help Malaysian women.