Tranglo: Launches real-time payments to Malaysia

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Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

Tranglo: Launches real-time payments to Malaysia

  • Tranglo is a cross-border payment hub with a proven track record in business payment, foreign remittance 
  • Announce the launch of real-time cross-border payments to Malaysia in line with the fintech’s mid-term plan
  • With this announcement, now performs more than 80% of its cross-border payments in real time
  • It comes as Malaysia is seeing extraordinary growth in real-time transactions
  • Real-time transactions in Malaysia are expected to reach 7 billion in volume by 2025
  • Beneficiaries will receive the funds in Malaysia within minutes, subject to terms and conditions
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