Malaysia's banking technology market includes local core-banking vendors, payment specialists, financial software engineering firms, and international development partners. The companies below cover different needs, from replacing legacy banking infrastructure and building digital channels to developing lending platforms, payment systems, and custom fintech applications.
1. Itexus
Itexus builds custom financial software for banks, fintech companies, lenders, payment providers, and other regulated financial businesses. In banking, it builds mobile and online banking, digital onboarding, KYC automation, lending and credit scoring tools. It also delivers wallets, payment infrastructure, card management, open banking, fraud monitoring, and core banking integration. The team handles legacy modernization, DevOps, QA, cybersecurity, and long-term support too. Malaysian organizations open to an international engineering partner should consider Itexus when they need custom development, not a fixed banking product.
Key Facts
- Best for: Custom digital banking and fintech platforms
- Core services: Banking software development, mobile banking, payments, lending, AI, system integration
- Project types: New product development, legacy modernization, platform extensions, dedicated engineering teams
- Banking capabilities: KYC, open banking, cards, wallets, transaction monitoring, core system integrations
- Delivery model: International software development partner
Contact Information
- Website: itexus.com
- Email: moc.suxeti@ofni
- Address: Twarda 14, 00-824 Warszawa, Poland
- LinkedIn: www.linkedin.com/company/itexus
- Facebook: www.facebook.com/itexus
- Twitter: x.com/ItexusSoft
- Instagram: www.instagram.com/itexus.soft
2. Silverlake Axis
Silverlake Axis has a large presence in Malaysia and builds banking platforms for core banking, cards, digital channels, payments, treasury, and trade finance. Its products include the Silverlake Integrated Banking System and Silverlake MÖBIUS. It also offers card and switch systems, branch delivery software, and internet and mobile banking. The platforms support conventional, Islamic, and microfinance models. Malaysian institutions choose it for established banking infrastructure rather than a general development agency. Its implementation and managed services cover deployment and ongoing platform operations.
Key Facts
- Best for: Core banking transformation and enterprise banking platforms
- Core services: Core banking, digital channels, cards, payments, treasury, implementation
- Banking models: Conventional, Islamic, microfinance
- Location: Petaling Jaya, Selangor, Malaysia
- Notable strength: Broad banking product stack spanning core systems and customer-facing channels
Contact Information
- Website: silverlakeaxis.com
- Email: moc.sixaekalrevlis@selas
- Address: Lot 19.02, 19th Floor, 1 First Avenue Bandar Utama, 47800 Petaling Jaya, Selangor Darul Ehsan, Malaysia
- LinkedIn: www.linkedin.com/company/silverlake-axis-ltd
3. INFOPRO
INFOPRO builds core banking and digital banking technology from its base in Petaling Jaya. Its platform handles deposits, loan origination, credit management, debt collection, treasury, payments, and accounting. It also covers regulatory interfaces, risk controls, digital onboarding, and customer-facing banking channels. The architecture offers open APIs, third-party integrations, hybrid deployment, and real-time transaction processing. Banks pick INFOPRO when they want one broad platform for retail, corporate, Islamic, challenger, or other banking models, instead of combining several vendors.
Key Facts
- Best for: End-to-end core and digital banking platforms
- Core services: Core banking, digital banking, risk and compliance, analytics
- Banking functions: Deposits, loans, treasury, payments, credit management, regulatory reporting
- Location: Petaling Jaya, Malaysia
- Deployment options: Cloud-enabled, hybrid, private, and on-premises environments
Contact Information
- Website: www.infopro.com.my
- Email: ym.moc.orpofni@gnitekram
- Phone: +603 5870 3838
- Address: Block B3 Level 8, Leisure Commerce Square, No. 9, Jalan PJS 8/9, 46150 Petaling Jaya, Selangor
- LinkedIn: www.linkedin.com/company/infoprosb
- Facebook: www.facebook.com/infoprosb
4. FINEXUS Group
FINEXUS builds financial infrastructure for Malaysian banks and other regulated institutions. Its products cover regulatory payments, card management, regulatory reporting, e-wallet and prepaid card technology, merchant payments, and processing services. PAYMENZ connects to Malaysian payment rails such as DuitNow, RENTAS, IBG, JomPAY, Direct Debit, and SWIFT. CARDWORKS handles card issuing and acquiring. FINEXUS has also supplied several systems used by AEON Digital Bank, so it knows Malaysia's digital banking market firsthand.
Key Facts
- Best for: Payments, cards, regulatory systems, and digital banking infrastructure
- Core services: Regulatory payments, card management, regulatory reporting, e-wallets, processing
- Banking technologies: DuitNow, RENTAS, SWIFT, IBG, JomPAY, card issuing and acquiring
- Headquarters: Kuala Lumpur, Malaysia
- Market focus: Banks, financial institutions, and enterprises across ASEAN
Contact Information
- Website: www.finexusgroup.com
- Phone: +603 4051 9900
- Address: #1 Jalan Pangkor, Titiwangsa Sentral, 53000 Kuala Lumpur, Malaysia
- LinkedIn: www.linkedin.com/company/finexusgroup
- Facebook: www.facebook.com/finexusgroupofficial
- Instagram: www.instagram.com/finexusgroup
5. JurisTech
JurisTech is a Malaysian fintech software company focused on banking, lending, credit management, and financial workflows. Its Juris Spectrum platform supports digital banking. Other products cover customer onboarding, automated decisioning, lending, collections, recovery, and AI-assisted financial processes. JurisTech has also worked with Mambu on Malaysia's digital banking ecosystem. Its software fits banks and financial institutions that need more than a front-end app. It helps most when lending, credit assessment, onboarding, and collections must work as connected processes.
Key Facts
- Best for: Digital lending, credit management, and digital banking
- Core services: Digital onboarding, lending, collections, recovery, AI, decisioning
- Banking platform: Juris Spectrum
- Headquarters: Kuala Lumpur, Malaysia
- Target clients: Banks, financial institutions, automotive finance providers, and related enterprises
Contact Information
- Website: juristech.net
- Email: ten.hcetsiruj@tcatnoc
- Phone: +60 3 2723 8600
- Address: Unit 25-01, Level 25, Tower B The Vertical Business Suite, No, 8, Jalan Kerinchi, Bangsar South, 59200 Kuala Lumpur, Federal Territory of Kuala Lumpur, Malaysia
- LinkedIn: www.linkedin.com/company/juris-technologies
- Facebook: www.facebook.com/juristech
- Twitter: x.com/myjuristech
- Instagram: www.instagram.com/myjuristech
6. iTAc Group
iTAc does software engineering for banking and fintech clients. It develops core banking for savings and current accounts, online banking, loan applications, and ATM systems. It also builds credit-card systems covering issuance, security, fraud controls, and merchant transactions. The company offers software testing and quality assurance as well. Its engineers work with COBOL, CICS, DB2, AS400, CardLink, Java, and modern development environments. That helps institutions that run large legacy estates next to newer digital services.
Key Facts
- Best for: Core banking engineering and legacy banking systems
- Core services: Core banking development, card systems, QA and testing
- Technologies: Mainframe, AS400, COBOL, Java, DB2
- Location: Kuala Lumpur, Malaysia
- Project types: Banking application development, maintenance, modernization, testing
Contact Information
- Website: itac.com.my
- Email: ym.moc.cati@ofni
- Phone: +603 2166 8225
- Address: Cubes 24 & 25, Suite 14-02, Level 14 GTower, 199, Jln Tun Razak, 50400 Kuala Lumpur
- LinkedIn: www.linkedin.com/company/itac-group
- Facebook: www.facebook.com/p/ITAC-Group-of-Companies-100063765504344
7. RM Applications
RM Applications is a Kuala Lumpur fintech company that builds software for conventional and Islamic financial institutions. It offers custom software development, systems integration, remittance and payment apps, data integration, and consulting. It also builds risk data platforms and localizes financial systems. The team has worked on core banking, electronic banking, payments, remittance, treasury, and asset liability management. Banks use RM Applications for specialized integration or custom engineering around financial workflows, not general software outsourcing.
Key Facts
- Best for: Custom banking integrations and financial applications
- Core services: Software development, system integration, payments, remittance, data engineering
- Banking coverage: Conventional and Islamic banking
- Headquarters: Kuala Lumpur, Malaysia
- Specialization: Financial institutions in Southeast Asia
Contact Information
- Website: rma.com.my
- Phone: +603 6201 2677
- Email: ym.moc.amr@tcatnoc
- Address: Block L, Unit L, 3-5, 60, Jalan Sri Hartamas 1, Sri Hartamas, 50480 Kuala Lumpur, Federal Territory of Kuala Lumpur
- LinkedIn: www.linkedin.com/company/rm-applictaions-sdn-bhd
- Facebook: www.facebook.com/RMApplications
- Twitter: x.com/rmapplication
- Instagram: www.instagram.com/rm_applications
8. Soft Space
Soft Space builds payment technology for banks, acquirers, merchants, and others in the financial ecosystem. Its modular payments platform uses open APIs, so institutions can plug selected payment features into existing infrastructure. The company also builds payment acceptance, e-wallet, contactless, and other merchant technologies, and customizes implementations for each client. Soft Space is headquartered in Kuala Lumpur and focuses on banking and payments. It suits payment modernization and acquiring projects better than replacing a whole core banking platform.
Key Facts
- Best for: Payment platforms and acquiring technology
- Core services: Payment software, open APIs, e-wallet solutions, merchant payment technology
- Target clients: Banks, payment companies, merchants, financial institutions
- Location: Kuala Lumpur, Malaysia
- Security focus: PCI DSS and EMV-related payment standards
Contact Information
- Website: www.softspace.com.my
- Email: ym.moc.ecapstfos@olleh
- Phone: +603 7494 1222
- Address: Q Sentral, Level 15, Unit 15-15, 2A, Jalan Stesen Sentral 2, Kuala Lumpur Sentral, 50470 Kuala Lumpur, Malaysia
9. OpenSys
OpenSys builds hardware and software for banking automation and branch transformation in Malaysia. Its products include cash recycling systems, cheque processing, self-service banking, and customer relationship software. It also handles digital onboarding, card issuance, biometrics, and links between mobile banking and physical service channels. OpenSys Technologies works with AI, fintech, IoT, and digital platforms as well. Banks modernizing branches, or tying self-service machines to digital customer journeys, get a more specialized partner than a typical custom software agency.
Key Facts
- Best for: Branch automation and self-service banking
- Core services: Banking software, cash recycling, cheque processing, digital onboarding, biometrics
- Project focus: Connecting physical banking infrastructure with digital services
- Location: Malaysia
- Additional capability: Nationwide support infrastructure across Malaysia
Contact Information
- Website: www.myopensys.com
- Phone: +603-7932 7888
- Address: Level 26, Tower A, Pinnacle PJ, Jalan Utara C, 46200 Petaling Jaya, Selangor Darul Ehsan
10. Creative System Consultant
Creative System Consultant, or CSC, is a Malaysian software development and systems integration company. It works in finance, banking, government, and enterprise settings. For banks, it builds Islamic banking systems, custom software, data warehousing, and fund management tools. It also connects core platforms, middleware, and legacy applications. CSC fits institutions that need engineering work around existing systems, where integration and customization matter as much as a new packaged platform.
Key Facts
- Best for: Banking systems integration and custom financial software
- Core services: Custom development, systems integration, data warehousing, project delivery
- Banking focus: Core banking integration and Islamic finance systems
- Headquarters: Bandar Baru Bangi, Malaysia
- Project type: Multi-system enterprise and financial technology environments
Contact Information
- Website: csc.net.my
- Email: ym.ten.csc@ofni
- Address: No. E-01-09 Jalan Gerbang Wawasan 1, Bangi Gateway Seksyen 15, 43650 Bandar Baru Bangi, Selangor, Malaysia
11. Kiple
Kiple combines software development, system integration, and regulated fintech operations in Malaysia. It offers customizable white-label e-wallets, online payment gateways, prepaid cards, APIs, and merchant payment infrastructure. It also builds custom software for specialized payment use cases. Kiple itself operates in Malaysia's regulated payments market. That helps organizations that need both the technology and an existing payment ecosystem for a new financial product. Its strength is payments and wallets, not full core banking replacement.
Key Facts
- Best for: White-label wallets and payment infrastructure
- Core services: E-wallet development, payment gateways, cards, APIs, custom payment software
- Market: Malaysia
- Regulatory position: E-money issuer and registered merchant acquirer
- Notable strength: Software development combined with payment operations and integration capabilities
Contact Information
- Website: kiple.com
- Phone: +603 2714 6288
- Email: moc.yapelpik@troppus
- Address: B-23A-3, The Ascent Paradigm No.1, Jalan SS7/26A, SS3, 47301 Petaling Jaya, Selangor
- LinkedIn: www.linkedin.com/company/kiple
- Facebook: www.facebook.com/myKiple
- Instagram: www.instagram.com/mykiple
12. Agmo Studio
Agmo Studio is a Malaysian software engineering company that builds digital products for financial institutions, fintech businesses, and other regulated organizations. In banking, it builds AI-powered banking assistants, digital onboarding, eKYC, middleware, and core-system and payment integration. It also delivers e-wallets, lending platforms, and customer apps for finance. Agmo builds conversational payment experiences that connect to existing banking systems and Malaysian payment rails such as DuitNow and JomPAY. The company is headquartered in Petaling Jaya and takes projects from first prototype to integration and production.
Key Facts
- Best for: Digital banking, regulated fintech, and AI banking applications
- Core services: Mobile development, AI, eKYC, digital onboarding, middleware, payment integration
- Banking capabilities: Conversational banking, lending, e-wallets, core-system integration
- Headquarters: Petaling Jaya, Selangor, Malaysia
- Project types: Digital banks, investment platforms, lending systems, regulated payment products
Contact Information
- Website: agmostudio.com
- Email: moc.oidutsomga@selas
- Phone: +603-76648515
- Address: Level 38, MYEG Tower, Empire City Damansara, Jalan PJU 8, Damansara Perdana, 47820 Petaling Jaya, Selangor, Malaysia
- Linkedin: www.linkedin.com/company/agmoholdingsberhad
- Facebook: www.facebook.com/AgmoHoldingsBerhad
13. Concetto Labs
Concetto Labs offers custom software development to Malaysian businesses, and finance is one of its industries. Its banking work centers on AI and automation: fraud detection, credit scoring, loan underwriting, predictive analytics, and customer-service chatbots. It also builds personalization and robotic process automation for account management and compliance workflows. Beyond AI, the company develops web, mobile, cloud, API, and enterprise applications. Banks and fintech businesses can use it to build customer-facing products or add specialized features to existing platforms.
Key Facts
- Best for: Custom banking applications with AI and automation components
- Core services: Custom software, web and mobile apps, APIs, cloud development, AI and ML
- Banking capabilities: Fraud detection, credit scoring, underwriting, chatbots, predictive analytics
- Malaysia coverage: Custom software development services offered to Malaysian businesses
- Technologies: Java, Python, TensorFlow, PyTorch, cloud and data engineering tools
Contact Information
- Website: www.concettolabs.com
- Phone: 919586777575
- Email: moc.sbalottecnoc@ofni
- Address: 303-309, City Center, Science City Road, Ahmedabad, 380060
- LinkedIn: www.linkedin.com/company/concetto-labs-private-limited
- Facebook: www.facebook.com/concettolabs
- Twitter: x.com/concettolabs
- Instagram: www.instagram.com/concettolabs
14. SmartOSC
SmartOSC builds and implements digital banking technology for banks and fintech companies. Its services cover digital onboarding, customer banking channels, lending, core banking integration, cloud infrastructure, and application development. In Malaysia, it offers custom digital banking platforms with eKYC, payment gateway integration, and API-based architecture. These platforms support local requirements such as PDPA and Islamic finance workflows. SmartOSC partners with Backbase, Temenos, Thought Machine, FaceTec, and CRIF, so projects can mix custom engineering with established banking platforms.
Key Facts
- Best for: Digital banking transformation and platform integration
- Core services: Digital onboarding, digital banking, lending, core banking, application development
- Banking capabilities: eKYC, payment gateways, APIs, customer channels, core-system connectivity
- Malaysia coverage: Custom digital banking solutions for Malaysian banks and fintech companies
- Technology ecosystem: Backbase, Temenos, Thought Machine, FaceTec, CRIF
Contact Information
- Website: www.smartosc.com
- Phone: (+84) 24 7108 1222
- Address: 18th Floor, Handico Tower, Pham Hung Street, Me Tri Ha Ward, Nam Tu Liem District, Hanoi
- Email: moc.csotrams@ofni
- LinkedIn: www.linkedin.com/company/smartosc
- Facebook: www.facebook.com/SmartOSC
15. FPT Software Malaysia
FPT Software has a delivery presence in Malaysia and a dedicated banking and financial services engineering team. It develops mobile and internet banking, eKYC onboarding, loan origination, API integration, and digital banking platforms. It also handles cloud-native core integration, open banking, corporate banking systems, digital wallets, and fintech products. FPT suits banks that need application engineering or modernization around their existing banking stack, not a single proprietary Malaysian core system.
Key Facts
- Best for: Large-scale digital banking development and modernization
- Core services: Application development, digital banking, APIs, cloud, data, AI
- Banking coverage: Retail, corporate, digital banking, fintech
- Malaysia presence: FPT Malaysia
- Project types: New digital channels, modernization, platform integration, custom development
Contact Information
- Website: fptsoftware.com
- Phone: +603 – 2022 0333
- Email: moc.tpf@selaS.samf
- Address: Lot 21-04, Level 21, Menara Hap Seng 2, Plaza Hap Seng, 1, Jalan P. Ramlee, 50250 Kuala Lumpur
- LinkedIn: www.linkedin.com/company/fpt-software
- Twitter: x.com/fpt_software
Conclusion
Banking software development in Malaysia covers a wide range of needs, from core banking modernization and digital channels to payment systems, lending platforms, onboarding, compliance, and AI-driven financial tools. The right provider depends on the scope of the project, existing infrastructure, regulatory requirements, and whether the priority is a ready banking platform, custom development, or integration with established financial systems.
Before selecting a partner, it is worth comparing relevant banking experience, integration capabilities, security practices, support for Malaysian regulations, and the ability to work with legacy environments. A well-matched development team can help financial institutions introduce new digital services while keeping critical banking processes stable and maintainable.