Online financial services marketplace BankBazaar has launched its online operations in Malaysia, further strengthening its presence in South East Asia.
The Malaysian equivalent, BBazaar Malaysia (BBazaar.my), will provide Malaysian users access to various financial products such as credit cards, personal loans, car loans and home loans from multiple banks, all under one roof.
BankBazaar has built a technology platform to enable an end-to-end paperless journey. With the support of regulatory authorities and integration with bank partners, BBazaar.my is bringing this revolution in financial services for the benefit of Malaysians to take charge of their finances.
“A country that is committed in taking its banking sector to the digital age, coupled with a positive business environment, as well as a progressive regulator, Malaysia is fertile ground for expansion.
“This just complements BankBazaar’s vision to enable, simplify and improve the online delivery of financial services with the end goal that consumers can reap all the benefits,”said Vipin Kalra, chief executive officer of BankBazaar International.
BBazaar.my offers services through a user-friendly website through which consumers can easily search for offers and customise their financial needs and the end result is a personalised offer down to the individual level of which consumers are in the driving seat.
In addition, BBazaar.my provides an online platform that allows consumers to search and apply for financial products such as credit cards and loans and through the platform, banks can gain access to customers who are shopping around and enable a seamless end-to-end customer journey from search to approval.
Furthermore, BBazaar.my uniquely stands out in that it allows users to directly apply on the website without having to go through to a third-party channel which means that there would be no more downloading and tediously filling pages after pages of personal and banking details.
Using state-of-the-art technology to offer real time quotes to customers, BBazaar.my is able to offer banks the ability to cut down their processing time to a shorter period.
By doing all the heavy lifting and providing completed applications, BBazaar.my is more than just a personal finance service centre, they’re a partner to the banks, freeing the banks’ time and resources for other efforts.
Not to mention, BBazaar.my gives the most appropriate product to the user based on the customer’s needs and profile and this again, hands back control to Malaysians.
The application process complements the bank’s application process, guaranteeing a smooth, hassle-free journey while a customer service team is also on standby, assisting customers in their application journey.
Lastly, in addition to offering financial products, BBazaar.my also provides accessible articles at https://blog.bbazaar.my about everyday personal finance and lifestyle topics, simplified for everyone from beginners to experts as BBazaar.my believes that everyone should have a chance to learn about the financial world.