Hextar ventures into fintech, rolls out mobile super-app MoneyX

PETALING JAYA: Hextar Technologies Solutions Bhd is venturing into financial technology (fintech) with the introduction of MoneyX, a one-stop mobile super-app.

Released by Hextar’s 100%-owned fintech unit Hextar Vision Sdn Bhd in September, MoneyX is a personal financial information management app with artificial intelligence (AI) supported tools, Hextar said in a statement to the bourse today.

Main Market-listed Hextar is involved in the provision of logistics services, trading of building materials and technology.

MoneyX aims to promote financial literacy and management by making information pertaining to available financial products and services accessible and easily understandable to users, and thus, empowering users in making responsible and informed financial decisions.

MoneyX includes a secure digital vault where users can store important documents like bills, insurance policies, and agreements, ensuring easy access and organisation. Users are also given the option to utilise the reminder/notification feature in MoneyX which will prompt users regarding any upcoming payment or renewal deadlines.

In conjunction with the soft launch, Hextar Vision unveiled partnerships with more than 14 partners – Alliance Bank Malaysia Bhd, Hong Leong Bank Bhd, Standard Chartered Bank Malaysia Bhd, M&A Securities Sdn Bhd, Exsim Development Sdn Bhd, Finology Sdn Bhd, GKash Sdn Bhd, Edge Property Sdn Bhd, ServeDeck Innovation Sdn Bhd, Theta Edge Bhd, Richard Wee Chambers, ShopIQ Sdn Bhd, MWM Myworld Malaysia Sdn Bhd and CTOS Data Systems Sdn Bhd to aggregate their services on MoneyX.

MoneyX has selected Amazon Web Service to deploy its automated financial information management app.