A local company is making Malaysia proud as it was the only fintech from this country selected to present its unique gold saving mobile application to a high profile audience in New York.
Alongside the 74th United Nations General Assembly (UNGA), was the UN Secretary General Task Force's inaugural event, titled "Good Servant, Poor Master: Capturing the Promise and Managing the Risk of Financial Technology for a Sustainable World", where Malaysia's HelloGold was invited to present at the summit.
The aim of the summit which took place last week was to bring together forward-looking businesses and world leaders to share in the possibilities offered by financial technologies towards digital financial inclusion.
In a press statement, HelloGold Malaysia's country head Juita Jalaluddin remarked that it was an honour to have been at the prestigious summit on financial inclusion.
“A major challenge in emerging markets is access to financial products and services where the most vulnerable among us have no option but to save in cash, with many exposed to currency fluctuation and inflation. As prices go up, the majority are slowly but surely being excluded from building, much less, sustaining their wealth for the future," Juita said.
HelloGold, one of two Malaysian companies invited to present at the summit, was selected through the "Digital Finance for Sustainable Development Goals" organised by the UN Capital Development Fund (UNCDF) FinLab.
The selection process saw the participation of judges from UNCDF, Bank Negara Malaysia (BNM), Malaysia Digital Economy Corporation (MDEC) and the Malaysian Global Innovation & Creativity Centre (MaGIC).
Recognised by the World Economic Forum Asean for its work in financial inclusion in 2018, HelloGold is a fintech start-up that creates simple and accessible financial products starting with gold.
It was founded in 2015 by Robin Lee and Ridwan Abdullah.
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