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Skyro Obtains Moneylending Licence in Malaysia Following Success in the Philippines

Asia Pacific

Skyro Obtains Moneylending Licence in Malaysia Following Success in the Philippines
Asia Pacific

Asia Pacific

Skyro Obtains Moneylending Licence in Malaysia Following Success in the Philippines

2026-09-29 13:00 Last Updated At:13:16

KUALA LUMPUR, MALAYSIA - Media OutReach Newswire - 29 September 2026 - Skyro, a high-growth consumer finance group, today announced that its Malaysian entity now holds a moneylender's licence issued by the Ministry of Housing and Local Government (KPKT), authorising it to conduct online moneylending in Malaysia, which will become its second market in Southeast Asia following the Philippines. The company plans to launch its first product in Malaysia, cash loans, in the coming months.

Founded in 2022, Skyro has already established a strong presence in the Philippines, where it uses an AI-powered credit-scoring model designed to serve customers who may be underserved by traditional banks. Since its founding, the company has disbursed more than USD 600 million in loans, expanded its user base to more than 7 million and reached operating break-even in the first half of 2026.

Skyro plans to adapt the business model that has proven successful in the Philippines to the Malaysian market. The company enters Malaysia as the country's consumer credit sector is undergoing significant regulatory reform, following the introduction of the Consumer Credit Act 2025 and the establishment of the Consumer Credit Commission.

Arsen Liametov, Co-founder and Co-CEO of Skyro, said:

"We use advanced AI-based scoring tools to provide convenient and intuitive credit products to people underserved by traditional banks. Our success in the Philippines gives us confidence in this approach, which we plan to adapt for other markets across Southeast Asia and beyond."

With a population of around 35 million, Malaysia represents an important market for the expansion of digital financial services. While most of the population has access to bank accounts, consumers with limited credit histories or without verified income may find it difficult to obtain traditional bank loans. In the Philippines, Skyro uses AI and alternative data to assess creditworthiness, and it intends to apply a similar approach in Malaysia that has been adapted to local conditions and regulatory requirements.

Nasim Aliev, Co-founder and Co-CEO of Skyro, said:

"Ambitions shouldn't have to wait. Across Southeast Asia, we see the same pattern: hardworking people are held back not by a lack of effort but by a temporary cash gap standing between them and a real opportunity. In Malaysia, we plan to develop credit products that give people a solution to this challenge while ensuring full control and transparency over their spending."

Skyro plans to enter the Malaysian market with cash loans and intends to introduce further credit products in Malaysia over time. Skyro has also announced plans to expand into other markets, including Saudi Arabia, and to build an ecosystem of financial products.

Hashtag: #Skyro

The issuer is solely responsible for the content of this announcement.

About Skyro

Skyro is a high-growth, digital-first fintech group delivering scalable, responsible financial access across high-potential emerging markets. Powered by proprietary data science, AI-driven credit decisioning, and alternative-data scoring, the company combines a mobile-native experience with modular fintech architecture to serve underserved client segments at scale.

As of 2026, Skyro has a registered user base of more than 7 million and a credit portfolio exceeding USD 200 million. The company's ambition is to become a leading full-spectrum financial services group across high-potential markets by combining capability proven at scale with a commitment to building each business around the needs of the market it serves.

** This press release is distributed by Media OutReach Newswire through automated distribution system, for which the client assumes full responsibility. **

SHANGHAI, CHINA – Media OutReach Newswire – 29 September 2026 – From October 12 to 15, 2026, the 2026 International Brew & Beverage Processing Technology and Equipment Exhibition for China (CBB 2026) — the benchmark full-industry-chain exhibition for the liquid food sector in the Asia-Pacific region — will open at the Shanghai New International Expo Centre (SNIEC). With the final countdown underway, this biennial industry event is sending a rallying call to the global liquid food community on an unprecedented scale.

The next decade of the liquid food industry is beginning here — ahead of time.

The next decade of the liquid food industry is beginning here — ahead of time.

Guided by the themes of innovation, intelligence, sustainability and high-end development, and committed to "building a new platform for upgrading the entire liquid food industry chain while writing a new chapter of high-quality development," CBB 2026 will bring together leading enterprises from every segment: baijiu (Chinese spirits), beer, beverages, dairy, condiments and packaging equipment. More than 900 exhibitors from China and abroad will make a joint appearance, and over 60,000 professional visitors from around the world are expected to attend for business discussions, across an exhibition area exceeding 100,000 square meters.

After more than three decades of development, CBB has long been more than a trade fair. It continuously connects the entire chain — from raw materials, brewing and filling to packaging and digital smart manufacturing — creating an integrated industry platform for business matching, technical exchange and innovation. Step into CBB and you will see an exhibition; look closer and you will read the present and the future of an entire industry chain.

01 Leading Enterprises from Every Segment — One Show for the Entire Industry Chain

This year's exhibitor lineup can truly be described as a full mobilization of the industry chain.

From upstream raw and auxiliary materials, brewing and processing, to midstream filling, packaging equipment and production line integration, and on to downstream labeling and coding, smart warehousing and digital solutions — leading enterprises from every segment, including baijiu, beer, beverages, dairy and condiments, will take the stage together, forming a complete map of the industry.

Whether you are sourcing turnkey production lines or comparing individual machines, whether you focus on a single process or evaluate complete smart-manufacturing solutions, you will find your answer at this show.

02 Four Highlights: Unlocking the 2026 Trends of the Liquid Food Industry

Closely aligned with industry development trends, this edition focuses on four main themes — internationalization, localization, intelligentization and green development — bringing together cutting-edge technologies and innovations from around the world to present a clear picture of where the industry is heading.

Highlight 1 | Global Giants Gather as Frontier Technologies Take the Stage

The international zone boasts a stellar lineup: world-renowned brands including BarthHaas, Fermentis, Krones, HEUFT, CIMC Enric, SACMI, ifm, Endress+Hauser, SEW-Eurodrive, Alfa Laval and Grundfos will all be present, covering core supporting technologies that range from hops, raw and auxiliary materials and pre-treatment processes to filling and packaging equipment and integration, end-of-line packaging and conveying, smart factory solutions and water treatment — spanning the entire liquid food production and packaging chain. A number of brand-new machines and solutions will make their on-site debuts, showcasing the latest achievements in smart manufacturing and green sustainability for the liquid food industry.

Highlight 2 | Chinese Smart Manufacturing Breaks Through as Homegrown Equipment Goes Global

Leading Chinese liquid food equipment manufacturers — Tech-Long, Newamstar, Lehui, Zhongya, Zhongchen, SUNRISE, Hermann and Talos — will exhibit in force, showcasing independently developed core equipment and technologies such as high-speed filling, aseptic packaging, intelligent inspection and integrated smart production, covering the entire production process from raw material pre-treatment, brewing and processing to filling and sealing, labeling and coding, and smart warehousing. These achievements not only help small and medium-sized food producers cut costs, boost efficiency and optimize their production systems, but will also accelerate the expansion of Chinese high-end equipment into global markets.

Highlight 3 | Smart Upgrading Across All Scenarios: Building a New Ecosystem of Digital Production

Digital transformation is one of the defining features of this edition, addressing smart-upgrading needs across the entire liquid food industry chain. From automated and intelligent production scheduling, predictive maintenance and big-data quality control throughout the process, to complete digital-twin factory solutions, every scenario is covered. Core intelligent equipment — including smart sensors, automated control systems and unmanned sorting machines — will be on display, helping the industry move from traditional manual control toward fully digital, intelligent and unmanned production.

Highlight 4 | Green and Low-Carbon Empowerment: Sustainable Production Solutions That Deliver

Aligned with global dual-carbon strategies and the industry's low-carbon transition, exhibitors will launch a range of low-carbon technologies and equipment, including energy-efficient filling machines, circulating water treatment technologies, equipment for biodegradable packaging, and waste heat recovery systems. While optimizing production costs and efficiency, these solutions comprehensively support energy conservation and emission reduction, offering practical, full-coverage green production solutions for producers of alcoholic drinks, beverages, water, dairy products, condiments and other liquid foods — and helping the industry build a sustainable future.

03 More Than Ten High-Level Forums: Decoding the Trends Shaping the Industry

More than ten high-quality concurrent events will be held during the show, bringing together authoritative industry experts, chief engineers of leading enterprises and industry leaders for in-depth discussions on segment trends, technological innovation and industrial transformation.

04 Why Attend? Three Audiences, Three Answers

  • If you are a business owner or procurement decision-maker: compare leading solutions from across the industry chain in one place, connect with quality suppliers, and identify practical paths to lower costs, higher efficiency and transformation.
  • If you are an engineer or part of a production technology team: experience live demonstrations of cutting-edge equipment, meet manufacturers' technical experts face to face, and be among the first to grasp the trends in smart manufacturing and green, low-carbon technologies.
  • If you are an industry observer or investor: read the next three to five years of the liquid food industry through the exhibitor lineup, technology directions and forum topics.

05 See You in Shanghai This October

A biennial rendezvous — and a shared point on the calendar for the entire industry.

From October 12 to 15, 2026, CBB 2026 looks forward to welcoming you at the Shanghai New International Expo Centre. For more information, please visit www.chinabrew-beverage.com.

Hashtag: #CBB2026

The issuer is solely responsible for the content of this announcement.

** This press release is distributed by Media OutReach Newswire through automated distribution system, for which the client assumes full responsibility. **

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