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Takatech start-up Ouch! hopes to grow product pipeline in 2024

Ouch!, the only insurtech start-up in Bank Negara Malaysia (BNM)’s regulatory sandbox with a Takaful proposition, is looking to introduce a new product hopefully in 2024, according to CEO Shazy Noorazman.

Ouch! enters Takatech space with inaugural digital Takaful product

Malaysia’s insurtech start-up Ouch! has formally entered the Islamic insurance market as the first digital Takaful operator in Bank Negara Malaysia (BNM)’s regulatory sandbox with its first Takaful product.

Ouch!

We’re looking to redefine the insurance industry by starting again. No more lengthy processes. No more complicated policies. This is insurance for the new...

Insurtech Ouch! closes pre-series A round; eyes digital Takaful license

Having recently concluded a pre-series A funding round, Malaysian insurtech start-up Ouch! has confirmed that it is in advanced stages of acquiring a final approval from Bank Negara Malaysia (BNM) to operate in its regulatory sandbox, with eyes on becoming the country’s first digital Takaful operator.

Monthly Review: November

Here are the top Islamic fintech stories in November. Blockchain and cryptocurrency Blockchain-based cash Waqf platform Digiwaqf is set to launch in mid-November this year. Malaysia-based Fusang...

Top Islamic fintech stories in August

August was packed with exciting developments as Islamic Coin is gearing up for its token offering in September while an insurtech in Malaysia debuts...

Fi Life acknowledges digital Takaful market opportunity in Malaysia

The latest insurtech start-up accepted into Bank Negara Malaysia (BNM)’s regulatory sandbox has indicated potential interest in the Islamic insurance space.

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