LATEST UPDATE
jomSETTLE become the 1st Fintech Solution Approved Under National Technology & Innovation Sandbox (NTIS).
OUR HUMBLE STORY
10th August 2021: Today marks a Major Milestone for jomSETTLE, Mazer Fintech Sdn Bhd. We became the First-Ever Fintech Solution that has been officially admitted to the Malaysia National Technology and Innovation Sandbox (NTIS), spearheaded by YB Khairy Jamaluddin, Minister of Science, Technology and Innovation (MOSTI).
It all started sometime in June 2019; we have found our Seed Funder, a reputable and respected Investor. A Dinner was set with the founding team, and a shareholder agreement was signed not long after. Our journey to initiate the first of its kind fintech startup in Malaysia has begun. Like any other business, nothing was easy. Since day 1, it was an uphill battle with many obstacles within untouched territories.
Many Fintech startups were spun off from a more prominent organisation or big tech organisation. While jomSETTLE is genuinely a “small” local startup started from laying the idea onto a pitching deck to realisation. We were faced with many regulatory uncertainties throughout the journey:
While we were faced with many external uncertainties, it came March 2020, the world was hit by the worst pandemic ever in history. We were all suddenly made to work from home, and momentum was lost due to the new movement control order imposed by the government. No one knows what to expect for the initial few weeks and months, it became the most challenging part of our journey. With perseverance and some adjustments, we managed to pick ourselves up and instilled innovative working SOPs. We eventually became more focused that led to many great ideas turning into output within a shorter time.
With the hard work laid by the founding team, our work was finally bearing fruits: special thanks to Bank Islam. The partnership with Bank Islam and Paynet has spring-boarded us to be able to launch in Feb 2021.
6 Months fast forward to today, special thanks to MAGIC, MDEC and the entire team of NTIS Secretariat, jomSETTLE is proud to be part of #NTIS.
Through the admission to NTIS, jomSETTLE™️ aims to demonstrate that a Malaysia local built Fintech Solution can meet if not exceed International Standards and relevant regulatory requirements from the relevant Regulatory Bodies.
Last but not least, we would like to thank our Partners and Shareholders for continuously believing and supporting our vision and given us enough free hand to decide for what we want to pursue. For that, we are forever grateful.
Acknowledgment & Recognition by:
Technology Partners:
Member of:
Commercialize Partners
LATEST UPDATE
jomSETTLE become the 1st Fintech Solution Approved Under National Technology & Innovation Sandbox (NTIS).
OUR HUMBLE STORY
10th August 2021: Today marks a Major Milestone for jomSETTLE, Mazer Fintech Sdn Bhd. We became the First-Ever Fintech Solution that has been officially admitted to the Malaysia National Technology and Innovation Sandbox (NTIS), spearheaded by YB Khairy Jamaluddin, Minister of Science, Technology and Innovation (MOSTI).
It all started sometime in June 2019; we have found our Seed Funder, a reputable and respected Investor. A Dinner was set with the founding team, and a shareholder agreement was signed not long after. Our journey to initiate the first of its kind fintech startup in Malaysia has begun. Like any other business, nothing was easy. Since day 1, it was an uphill battle with many obstacles within untouched territories.
Many Fintech startups were spun off from a more prominent organisation or big tech organisation. While jomSETTLE is genuinely a “small” local startup started from laying the idea onto a pitching deck to realisation. We were faced with many regulatory uncertainties throughout the journey:
While we were faced with many external uncertainties, it came March 2020, the world was hit by the worst pandemic ever in history. We were all suddenly made to work from home, and momentum was lost due to the new movement control order imposed by the government. No one knows what to expect for the initial few weeks and months, it became the most challenging part of our journey. With perseverance and some adjustments, we managed to pick ourselves up and instilled innovative working SOPs. We eventually became more focused that led to many great ideas turning into output within a shorter time.
With the hard work laid by the founding team, our work was finally bearing fruits: special thanks to Bank Islam. The partnership with Bank Islam and Paynet has spring-boarded us to be able to launch in Feb 2021.
6 Months fast forward to today, special thanks to MAGIC, MDEC and the entire team of NTIS Secretariat, jomSETTLE is proud to be part of #NTIS.
Through the admission to NTIS, jomSETTLE™️ aims to demonstrate that a Malaysia local built Fintech Solution can meet if not exceed International Standards and relevant regulatory requirements from the relevant Regulatory Bodies.
Last but not least, we would like to thank our Partners and Shareholders for continuously believing and supporting our vision and given us enough free hand to decide for what we want to pursue. For that, we are forever grateful.
Acknowledgment & Recognition by:
Technology Partners:
Member of:
Commercialize Partners
MAZER FINTECH SDN. BHD. (1332779-U)
A1-13A-2, Arcoris Business Suite, Block A1, No 10,
Jalan Kiara, Mont Kiara 50480, Kuala Lumpur, Malaysia.
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Terms & Conditions | Privacy Policy | © 2023 Mazer Fintech Sdn Bhd. All right reserved.
MAZER FINTECH SDN. BHD. (1332779-U)
A1-13A-2, Arcoris Business Suites, Block A1, No 10, Jalan Kiara, Mont Kiara 50480, Kuala Lumpur, Malaysia.
care@jomsettle.com
Terms & Conditions | Privacy Policy © 2023 Mazer Fintech Sdn Bhd. All right reserved.
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