Financial Technology


The leading legal publication Chambers FinTech Guide has ranked the firm in Band 1 for FinTech Legal, stating thatRaja, Darryl & Loh is a well-established full-service Malaysian firm. It has a strong banking and finance practice, and advises domestic and regional FinTech clients. The team is noted for digital payments matters, particularly payment service provider regulations”.

At the Asian Legal Business Malaysian Law Awards in March 2023, the firm was named as “FinTech Law Firm of the Year”.


With the digital age and advancement of technology, businesses and people in general now have the flexibility and convenience of using the internet, mobile phones, QR codes (Quick Response codes) or applications for a multitude of transactions, including bill payments, payments for goods and services (online or otherwise), funds transfers, exchange of currencies, investments and other financial services.

Our Fintech practice has grown steadily with the rapidly increasing sophistication of the technology available in Malaysia and international clients that now operate in Malaysia or do business with Malaysia. Our clients range from industry players such as fintech unicorns, cryptocurrency exchanges, processing and payments companies, social networking service providers, digital financial services companies, banks, telecommunications companies, e-commerce companies, online shopping portals and even include other companies seemingly outside the industry, but that wish to develop their businesses by taking advantage of technology.

We have immense experience in advising on numerous matters related to the Fintech business in Malaysia, such as applications for registration as recognized market/digital asset exchange operators, applications for registration of initial exchange offering (IEO) platforms, offering card services and stored value cards, electronic funds transfer services, cross border transfers, merchant acquisition, various payment and processing solutions, the issuance of designated payment instruments (eg e-money) and other issues under the Financial Services Act 2013, various forms of electronic remittances between specific parties – popularly styled as C2C (customer to customer), C2B (customer to business) and B2B (business to business) – and micro-financing delivered through the use of technology (eg through online portals and mobile phones).

Against this backdrop, clients are constantly updated and reminded of relevant laws and regulatory requirements, including the laws on anti-money laundering and counter-financing of terrorism (AML-CFT), the positions taken by Bank Negara Malaysia (BNM) (the Central Bank) and the Securities Commission Malaysia on crypto-currencies as well as initiatives by BNM such as the Financial Technology Regulatory Sandbox Framework for financial institutions and Fintech players.


Partner – Corporate & Commercial
+603-2632 9887

Partner – Corporate & Commercial
+603-2632 9882

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