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 develops custom financial software for banks, fintech companies, lenders, payment providers, and other regulated financial businesses. Its banking work covers mobile and online banking, digital onboarding, KYC automation, lending, credit scoring, wallets, payment infrastructure, card management, open banking, fraud monitoring, and core banking integration. The company also handles legacy modernization, DevOps, QA, cybersecurity, and long-term support. For Malaysian organizations that are comfortable working with an international engineering partner, Itexus is particularly relevant when the project requires custom development rather than deployment of 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: Żurawia 6/12/lok 766, 00-503 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 substantial presence in Malaysia and develops banking platforms used across core banking, cards, digital channels, payments, treasury, and trade finance. Its portfolio includes the Silverlake Integrated Banking System, Silverlake MÖBIUS, card and switch systems, branch delivery software, and internet and mobile banking solutions. The company supports conventional, Islamic, and microfinance models, making it relevant to Malaysian institutions looking for established banking infrastructure rather than a general-purpose development agency. Implementation and managed services can also support banks through 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 develops core banking and digital banking technology from its base in Petaling Jaya. Its platform covers deposits, loan origination, credit management, debt collection, treasury, payments, accounting, regulatory interfaces, risk controls, digital onboarding, and customer-facing banking channels. The architecture supports open APIs, third-party integrations, hybrid deployment, and real-time transaction processing. INFOPRO is a particularly relevant option for banks seeking a broad platform that can support retail, corporate, Islamic, challenger, or other banking models without assembling every functional layer from separate 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 develops financial infrastructure for Malaysian banks and other regulated institutions. Its banking portfolio includes regulatory payments, card management, regulatory reporting, e-wallet and prepaid card technology, merchant payments, and processing services. PAYMENZ supports Malaysian payment rails such as DuitNow, RENTAS, IBG, JomPAY, Direct Debit, and SWIFT, while CARDWORKS covers card issuing and acquiring operations. The company has also supplied multiple systems used by AEON Digital Bank, giving it direct relevance to Malaysia's digital banking market.
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 with a strong concentration on banking, lending, credit management, and financial workflows. Its Juris Spectrum platform supports digital banking, while the wider product set covers customer onboarding, automated decisioning, lending, collections, recovery, and AI-assisted financial processes. JurisTech has also worked with Mambu to support Malaysia's digital banking ecosystem. Its software is aimed at banks and financial institutions that need more than a front-end app, particularly where lending, credit assessment, customer onboarding, and collections need to operate 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 focuses closely on software engineering for banking and fintech clients. Its services include core banking development for savings and current accounts, online banking, loan applications, and ATM systems, as well as credit-card system development covering issuance, security, fraud controls, and merchant transactions. The company also provides software testing and quality assurance. Its engineering capabilities include established banking technologies such as COBOL, CICS, DB2, AS400, CardLink, Java, and modern development environments, which can be useful for institutions maintaining large legacy estates alongside 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 financial technology company focused on software for conventional and Islamic financial institutions. Its work covers tailored software development, systems integration, remittance and payment applications, data integration, consulting, risk data platforms, and financial-system localization. The company has experience with core banking, electronic banking, payments, remittance, treasury, asset liability management, and related financial applications. This makes RM Applications relevant to banks that need specialized integration or custom engineering around financial workflows rather than a general software outsourcing team.
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 develops payment technology for banks, acquirers, merchants, and other participants in the financial ecosystem. Its modular payments platform uses open APIs so financial institutions can integrate selected payment capabilities with existing infrastructure. The company also develops payment acceptance, e-wallet, contactless, and related merchant technologies, while supporting customized implementations for different business requirements. With its headquarters in Kuala Lumpur and a strong focus on banking and payments, Soft Space is more suitable for payment modernization and acquiring projects than for replacing an entire 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 develops hardware and software for banking automation and branch transformation in Malaysia. Its portfolio includes cash recycling systems, cheque processing, self-service banking, customer relationship software, digital onboarding, card issuance, biometrics, and integrations between mobile banking and physical service channels. OpenSys Technologies also works with AI, fintech, IoT, and digital platforms. For banks modernizing branches or connecting self-service infrastructure with digital customer journeys, the company offers a more specialized proposition than a conventional 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 working across finance, banking, government, and enterprise environments. Its banking-related capabilities include Islamic banking systems, systems integration, custom software development, data warehousing, fund management, and connections between core platforms, middleware, and legacy applications. The company is particularly relevant to institutions that need engineering work around existing systems, where integration and customization matter as much as deploying 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. Its technology includes customizable white-label e-wallets, online payment gateways, prepaid card capabilities, APIs, merchant payment infrastructure, and custom development for specialized payment use cases. Because Kiple also operates within Malaysia's regulated payments environment, it can be relevant for organizations developing financial products that need both technology and an existing payment ecosystem. Its main strength is payments and wallet infrastructure rather than 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 develops digital products for financial institutions, fintech businesses, and other regulated organizations. Its banking work includes AI-powered banking assistants, digital onboarding, eKYC, middleware, core-system integration, payment integration, e-wallet technology, lending platforms, and financial customer applications. The company also works with conversational payment experiences that can connect with existing banking infrastructure and Malaysian payment rails such as DuitNow and JomPAY. Agmo is headquartered in Petaling Jaya and supports projects from initial prototypes through integration and production deployment.
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 provides custom software development services for Malaysian businesses and includes finance among the industries covered by its engineering practice. Its banking-related work centers particularly on AI and automation, including fraud detection, credit scoring, loan underwriting, predictive analytics, customer-service chatbots, personalization, and robotic process automation for account management and compliance workflows. Beyond AI, the company develops web, mobile, cloud, API, and enterprise applications, giving banks and fintech businesses options for building customer-facing products or extending existing platforms with specialized digital functions.
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 develops and implements digital banking technology for banks and fintech companies, with services spanning digital onboarding, customer-facing banking channels, lending, core banking integration, cloud infrastructure, and application development. For Malaysia, the company offers custom digital banking platforms with eKYC, payment gateway integration, API-based architecture, and support for local requirements such as PDPA and Islamic finance workflows. SmartOSC also works with banking technology providers including Backbase, Temenos, Thought Machine, FaceTec, and CRIF, allowing projects to combine custom engineering with established banking platforms and components.
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 combines a Malaysia delivery presence with dedicated banking and financial-services engineering capabilities. Its banking services include mobile and internet banking development, eKYC onboarding, loan origination, API integration, digital banking platforms, cloud-native core integration, open banking, corporate banking systems, digital wallets, and fintech product development. The company is therefore suited to banks that need application engineering or modernization around an existing banking stack rather than 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.