Juniper
YB Gobind Singh Deo, Minister of Digital, joins Boost in launching Boost SME, a fully digital business banking platform designed to bring banking, financial solutions and payment capabilities together in one seamless ecosystem
Managing a small micro business often means juggling day-to-day operations with little time to worry about payments, settlements, reconciliation and getting more money to grow your business. Disconnected experiences across create unnecessary complexity, taking valuable time away from running and growing a business. Boost, a regional fintech leader and digital bank, is addressing these challenges with the launch of Boost SME, a fully digital business banking platform that brings together digital banking services, financial solutions, and payment capabilities in one seamless ecosystem.
Boost SME represents the next chapter in Boost’s evolution from a trusted eWallet and digital lender into one of Malaysia’s leading integrated digital financial ecosystems. Built on nearly a decade of serving Malaysian businesses, the platform reflects Boost’s continued commitment to helping underserved SMEs embrace digitalisation and unlock new opportunities for growth. Momentum is already building with selected partners, which is an early signal of the demand for smarter, more accessible business tools among Malaysian SMEs.
“As Malaysia’s digital economy continues to evolve, businesses need financial services that work seamlessly together rather than in silos. At Boost, our ambition is to remove friction from every financial interaction by making banking, payments and financing simpler, more connected and easier to access. Boost SME is a natural evolution of that ambition, bringing together the capabilities businesses need to operate more efficiently, strengthen resilience and unlock new opportunities for growth. As we continue building Malaysia’s digital financial ecosystem, we remain focused on empowering businesses through technology that is accessible, intuitive and designed around their evolving needs,” said Sheyantha Abeykoon, Group Chief Executive Officer of Boost.
BANKING BUILT AROUND HOW BUSINESSES ACTUALLY OPERATE
Boost SME removes unnecessary paperwork, friction and delays through a fully digital onboarding journey, enabling businesses to open an account in as fast as five minutes. Available via both web and mobile applications, the platform gives SMEs a single view of their finances while enabling secure payment acceptance, role-based account management and same-day DuitNow QR (DNQR) settlements including weekends and Malaysian public holidays. SME owners can also secure payment acceptance via DNQR, online payments and in-store card payments.
By simplifying everyday financial operations into one intuitive experience, Boost SME enables business owners to spend less time managing administration and focus on what matters most — serving customers, seizing new opportunities and growing with confidence.
TAILORED AROUND HOW BUSINESSES GROW
Recognising that no two businesses grow in the same way, Boost SME offers two complementary propositions that address different business priorities while working seamlessly together.
Boost Grow is designed for businesses looking to maximise idle funds, putting surplus cash to work. Businesses can earn 3.0% p.a. daily interest with no lock-in period or minimum balance required.
Boost Flow aims to benefit merchants that prioritise healthy cash flow and lower operating costs. SMEs can enjoy:
● 0.1% sales rebate of up to RM2,000 in monthly sales.
● Merchant Cash Advance offers credit limits from RM10,000 for businesses that transact RM2,000 or more in 30 days as a Boost merchant.
SMEs can also access Boost Bank’s Biz Loan, which offers fast financing access of up to RM300,000, with approvals taking as little as 10 minutes and disbursement as fast as 24 hours upon loan acceptance. Beyond financial services, Boost SME also supports businesses in their digitalisation journey through complimentary AWS e-Invoicing subscriptions and training for eligible merchants, and complimentary Soundbox Lite devices (while stocks last), helping SMEs adopt digital tools with greater confidence and ease.
The launch is further strengthened by the support of strategic ecosystem partners, such as Parkson Credit. With Boost SME, Boost continues its commitment in helping Malaysian businesses simplify financial management, strengthen resilience and unlock new opportunities for growth through technology-driven financial solutions designed around the needs of modern businesses.
To sign up, please visit: www.myboostsme.co or download the Boost SME app on Apple App Store or Google Play Store.
