Fintec Global Berhad was founded in year 2007 under the name of Asia Bioenergy Technologies Berhad and was initially primarily focused in the gathering and linking of talents, technology, capital and industrial know-how to leverage on entrepreneurial talents and accelerate the development of new start-up companies in the local bioenergy arena.
Since the time of our incorporation, we have grown from strength to strength despite the everchanging economic landscape to become a primary Incubator for a list of diversified public and private entities in Malaysia ranging from renewable energy, engineering, financial application technology, multimedia solutions, food and beverage, oil and gas, information technology, and the agriculture industry. We have significantly enhanced their respective daily operations and improved their companies fortune via the channelling of our professional expertise.
In 2017, we made the watershed decision to change our organization’s name to Fintec Global Berhad to reflect and signify our expansion beyond the local bioenergy sector into diverse industries in Malaysia. The name “Fintec” mirrors our motto of “financials before technology”, i.e. that we first and foremost look to the existing and/or potential financial performances of the companies in need of capital injections before all other merits such as technology, business nature, business plan etc. are considered. Our new name further aligns with our current ambition and determination to continue our growth and influence in the global arena whilst being ever ready to collaborate with new Incubatees who share our hunger to grow into an international name.
The Group has outlined and adopted an investment strategy that focuses on investing in public listed companies and forming business partnerships and alliances inter se to form synergies and ultimately create value for our shareholders. This is in line with our formation as a think-tank, profit-orientated organization that is able to nurture and develop technologies, concepts and ideas and transform them into viable business ventures. Our objective for the next 10 years is to focus on the core strength of our investee companies and lay foundations for the bridges that would benefit our Group. After all, at Fintec, we believe not in reinventing the wheel, but adding spokes to what works.
Size of our Incubator Funds or Funds under management