Focusing on Southeast Asian application scenarios and explored new avenues for Taiwan–Southeast Asia Collaboration

TAIPEI, Aug. 15, 2025 /PRNewswire/ — FinTechSpace—Taiwan’s first one-stop fintech innovation and acceleration platform established by the Taiwan Financial Services Roundtable under the guidance of the Financial Supervisory Commission—supports five of its startups to participate in MyFintech Week 2025 this August in Kuala Lumpur, Malaysia.

FinTechSpace delegates with Helena Ng (second from right), representative of the Fintech Association of Malaysia, in MyFintech Week 2025
FinTechSpace delegates with Helena Ng (second from right), representative of the Fintech Association of Malaysia, in MyFintech Week 2025

Hosted by Bank Negara Malaysia, MyFintech Week is one of Southeast Asia’s most influential fintech events, spotlighting key themes including payment innovation, financial inclusion, sustainable finance, and RegTech. The platform served as a vital gateway for startups seeking global exposure and partnerships.

Through forum participation, on-site visits, and ecosystem networking, the Taiwan delegation gained deeper insights into Malaysia’s fintech trends and explored potential partnerships, opening new doors for Taiwanese innovation in the Southeast Asian market.

Taiwan’s Diverse FinTech Capabilities

The delegation represented a broad range of capabilities — from RegTech, data integration to enterprise solutions — with mature, market-ready products and strong global potential:

  • TOPPAN Security – Specializes in mobile identity verification and FIDO passwordless authentication. In 2024, with support from FinTechSpace, the company successfully deployed its TOPPAN Security facial recognition eKYC solutions in Malaysia’s AEON Bank and Hong Leong Assurance, marking a significant milestone in Southeast Asian market adoption and demonstrating strong institutional trust.
  • On-us – Utilizes AI-powered marketing tools for financial institutions, integrating digital vouchers and modular analytics to deliver data-driven, precision marketing solutions.
  • LM Technology – Offers high-speed financial computing technology, including high-performance overclocked servers and FPGA-based high-frequency trading modules; AI-powered image recognition and RPA automation for tax and financial reporting; and AIoT integrated chips, ASIC, and IP design services. The company has already established partnerships with local Malaysian firms, actively expanding its footprint in the regional market.
  • HiTRUST – Provides multi-layer digital identity authentication and fraud prevention solutions, including EMV 3-D Secure services, Veri-id Device Intelligence and AI Fraud Detection, and passwordless identity platform VeriFIDO, meeting international security standards.
  • DotDot – Delivers integrated solutions for digital payments and smart dining technology, combining membership systems and cross-border payment services to enhance global fintech applications.

The five teams also visited key partners in Malaysia’s fintech ecosystem, exploring market trends and opportunities for collaboration.

Deepening Taiwan – Malaysia FinTech Ties

Malaysia, with strong government support for its digital economy, has become a prime market for Taiwanese fintech expansion. In July 2024, FinTechSpace led nine startups to Malaysia, signing an MoU with the Fintech Association of Malaysia (FAOM) and co-hosting “Taiwan Fintech Day” with Malaysia Digital Economy Corporation (MDEC), significantly boosting Taiwan’s visibility and market connections.

Global Expansion Beyond Malaysia

In addition to MyFintech Week, FinTechSpace supports delegations to Japan and the Singapore Fintech Festival later this year, reinforcing its role as a cross-border cooperation platform to help Taiwan’s fintech innovators making their mark on the global stage.

About FinTechSpace

Established in 2018, FinTechSpace is Taiwan’s first one-stop fintech innovation accelerator. It is guided by the Financial Supervisory Commission (FSC), planned by the Taiwan Financial Services Roundtable (TFSR), and operated by the Institute for Information Industry (III). FinTechSpace is dedicated to creating a co-creation environment for fintech development by integrating spatial facilities, mentoring services, and open APIs to promote a collaborative fintech ecosystem. For more information, please visit the FinTechSpace website: www.fintechspace.com.tw.