Kenanga Investment Bank Berhad, Ant Group to Launch a Crypto App

Malaysia continues to speed up the adoption of cryptocurrencies. One of the local central banks integrates cryptocurrency trading into its standard banking services. With more than 500,000 clients, one of the biggest private investment banks, Kenanga Investment Bank Berhad, has teamed up with Chinese tech giant Ant Group to release a cryptocurrency-friendly wallet and trading software. We are pleased to support Kenanga Investment Bank to build its wealth SuperApp in Malaysia with mPaaS, our mobile development platform. With our full range of digital solutions, we are committed to enabling and reinforcing trust for participants in the digital economy. pic.twitter.com/FYo0R0Qzm4 — Ant Group (@AntGroup) August 24, 2022 Crypto Super App With Various Features The “super app” based on Bitcoin anticipates having various features, such as an e-wallet, stock and cryptocurrency trading, FX, and digital investment management. Kenanga will use mPaaS, a mobile development network created from the AliPay App through this collaboration. It is worth noting that Kenanga only recently started experimenting with cryptocurrency. The bank’s most recent action would increase revenue for the business, given the demand for cryptocurrencies. By combining several financial services, such as stock trading, digital investment management, cryptocurrency trading, digital wallets, foreign exchange, and others, onto a single platform, the SuperApp aims to tr...