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M24 Berhad

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Niche neobank offering Islamic financing and digital financial inclusion.

Overview

M24 Berhad operates as a neobank with a focus on the Islamic banking sector and aims to enhance digital financial inclusion. The company offers various products, including Islamic financing solutions, crowdfunding, factoring financing, and seed funding for startups. Its target audience includes financially excluded individuals, mid-market enterprises, and major corporations, with an emphasis on providing financial services that meet specific needs. M24 Berhad ensures that its offerings are Shariah compliant, aligning with Islamic principles. The company's efforts in digital transformation in finance are intended to improve access to formal financial services and promote economic participation.

Key facts

Founded
2020

Business model

Contact

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About M24 Berhad

What does M24 Berhad do?

M24 Berhad operates as a neobank with a focus on the Islamic banking sector and aims to enhance digital financial inclusion.

Where is M24 Berhad headquartered?

M24 Berhad is headquartered in Petaling Jaya, Malaysia.

When was M24 Berhad founded?

M24 Berhad was founded in 2020.

Which sector is M24 Berhad in?

M24 Berhad operates in Digital Banks, part of Financial Technology.

Who are M24 Berhad's competitors?

Companies similar to M24 Berhad include Gigbanc, Mizen, and Rise Bank.