Fingular, a Singapore-based global fintech holding, has unveiled its Smart Limit solution in Malaysia, providing a digital consumer finance option that allows users to access funds flexibly and quickly. The service, which can be activated online in just five minutes, is initially available to existing Tambadana customers and will expand to AhaPay BNPL users before opening to the general public in March 2026.
The Smart Limit offers a modern alternative to traditional financing, featuring a fully digital onboarding and risk-scoring process. Customers can complete the application and receive approval in under five minutes. The service supports repayments via e-wallets, FPX transfers, and direct debit from bank accounts. Future enhancements will include top-ups, additional repayment options, and expanded usage channels, alongside a 30-day grace period and upcoming rewards and cashback programmes.
Maksim Chernushchenko, CEO of Fingular, highlighted the product’s relevance to Malaysia’s burgeoning digital economy, noting its potential to serve the near-prime market segment often overlooked by traditional banks. “With this launch, we continue our expansion into the near-prime segment—a market that remains underserved or overlooked by traditional banks,” he said.
Fingular, founded in 2021 by Maxim Chernushchenko and Vadim Gurinov, aims to build a comprehensive neo-bank promoting financial inclusion across Asia and the Middle East. The company operates in multiple markets, including Indonesia, Malaysia, and India, offering digital financial products tailored to local needs.
