PayNet has unveiled the PayNet Fintech Hub, Malaysia’s first community and accelerator programme tailored for fintech startups, offering capital access, global mentorship, and sponsored entry into Imperial College London’s accelerator. This initiative aims to position Malaysia as a regional fintech powerhouse by uniting key players and streamlining innovation support.
MALAYSIA, 5 MAY 2025 – Payments Network Malaysia Sdn Bhd (PayNet), the nation’s central payments infrastructure provider, has officially launched the PayNet Fintech Hub, Malaysia’s first dedicated fintech community and accelerator. The initiative is designed to drive the next wave of fintech innovation and position Malaysia as a top destination for financial technology growth in Southeast Asia.
The PayNet Fintech Hub offers a robust support ecosystem that provides fintech startups with direct access to capital, strategic industry connections, international exposure, and extensive financial incentives.
“A thriving fintech industry is key to delivering inclusive and future-ready financial services in Malaysia,” said Farhan Ahmad, Group CEO of PayNet. “The PayNet Fintech Hub is a decisive step forward in accelerating innovation, especially in an era shaped by rapid AI advancements.”
The Hub operates on two pillars: Community and Catalyst. Selected Community members will receive over 450 hours of mentorship from experienced founders and domain experts, networking opportunities with major players from banking and technology, and access to a curated pool of fintech investors.
Community participants will also benefit from more than RM1 million in PayNet value-added credits, RM600,000 in sponsored advisory services, up to RM3 million in cloud credits, and use of a fully sponsored co-working space.
Top-performing startups within the Community will be selected for the Catalyst programme, a fully sponsored 10-week accelerator in collaboration with Imperial College London. This includes a week-long immersion in London, hands-on mentorship from Imperial’s faculty, and a final demo day with exposure to venture capitalists and global partners.
Participants in the Catalyst programme will also gain access to cloud tools through PayNet’s expanded partnership with AWS, leveraging the newly launched AWS Asia Pacific (Malaysia) Region. Selected fintechs will also be included in the upcoming Fintech Innovation Sandbox, enabling secure, scalable growth.
“The Hub addresses the key challenges faced by fintechs—fragmentation, lack of support, and limited global reach,” Farhan added. “We believe this platform will be a game-changer for Malaysia’s fintech ecosystem.”
With its strategic resources and international reach, the PayNet Fintech Hub is expected to catalyse high-impact innovation, attract global attention, and drive meaningful transformation across Malaysia’s digital economy.
To apply or learn more, visit: https://fintechhub.paynet.my
