Hextar Technologies has introduced MoneyX, an all-in-one fintech super-app that leverages AI tools to simplify personal financial management and enhance financial literacy. The app includes a secure digital vault and partnerships with multiple financial institutions, aiming to serve one million users by the next year.
26 October 2023 – Hextar Technologies Solutions Bhd, through its wholly-owned fintech unit, Hextar Vision Sdn Bhd, has unveiled a groundbreaking all-in-one fintech mobile super-application named MoneyX. This innovative app leverages artificial intelligence (AI) tools to provide users with a comprehensive solution for personal financial information management, promoting financial literacy, and simplifying the complex world of financial products.
MoneyX is a game-changer in the realm of financial management, addressing the issue of disorganized finances and the often confusing landscape of financial products. It offers quick access to various financial tools and strives to make information related to available financial products and services easily accessible and understandable.
According to Datuk Eddie Ong Choo Meng, HexTech’s Group CEO and Executive Director, MoneyX represents a pivotal initiative in their foray into the technology sector. He expressed, “Our vision for MoneyX is to become the leading fintech company in Malaysia within three years before expanding globally. With a substantial allocation of RM100 million for the development and promotion of MoneyX, we are fully committed to turning this vision into reality.”
MoneyX incorporates a secure digital vault, enabling users to store essential documents like bills, insurance policies, and agreements. It also offers a notification feature to remind users of upcoming payment or renewal deadlines.
Hextar Vision has forged partnerships with 14 companies to aggregate their services on MoneyX, including renowned names such as Alliance Bank Malaysia, Hong Leong Bank, Standard Chartered Bank Malaysia, and others. These collaborations aim to provide users with a broad spectrum of financial services and products through the app.
Moreover, MoneyX has selected Amazon Web Services to deploy automated financial information management within the application.
Hextar Vision has set an ambitious target of reaching one million users adopting MoneyX as their go-to financial information management platform by the coming year. They are also actively working on enhancing the app, with full integration of key features anticipated by the end of 2024.
The MoneyX fintech app is readily available for download on both the Apple App Store and the Google Play Store, making it accessible to a wide audience seeking streamlined financial management and improved financial literacy. – ref: The Edge