Fingular, a Singapore-based global fintech holding, has announced that its Malaysian brand, Tambadana, has surpassed US$150m in total consumer financing. Since its inception, Tambadana has processed approximately 600,000 cases, marking a significant achievement in Fingular’s regional expansion strategy.
Tambadana’s rapid growth underscores Malaysia’s increasing demand for digital financial services. The brand has consistently shown double-digit monthly growth, driven by rising consumer confidence in fintech solutions and the swift adoption of online financial services. According to the McKinsey Southeast Asia Economic Review, digital financial adoption in the region is set to grow rapidly, supported by mobile connectivity, young demographics, and growing trust in digital ecosystems.
Maxim Chernushchenko, CEO of Fingular, remarked, “Crossing the US$150 million mark is a sign of how fast Malaysia is embracing digital finance. We see strong demand for transparent, accessible, and fast financing options, and we’re committed to expanding our ecosystem to meet these needs through innovation and responsible fintech practices.”
Tambadana’s success is attributed to Fingular’s proprietary technology and a local-first approach, allowing the company to tailor its products to meet cultural and regulatory requirements. This milestone reinforces Fingular’s commitment to promoting financial inclusion and innovation across Asia and the Middle East.
Founded in 2021 by Maxim Chernushchenko and Cypriot investor Vadim Gurinov, Fingular aims to establish a full-service neo-bank that enhances financial inclusion whilst ensuring a seamless digital finance experience.
