# Boost Malaysia

> Source: https://docs.barcoder.ai/docs/wallets/boost-malaysia
> research date 2026-05-31 · extracted at 2026-10-07
> Publisher: Barcoder — encyclopedia of QR, barcode and payment-code standards

Specifications:
- [Boost — official](https://www.myboost.com.my/)

## Overview

**Boost Malaysia** is **Malaysian mobile wallet + digital financial services** + **Axiata Group Berhad KLSE: AXIATA Malaysian telecom parent fully owned** + **~10M+ Malaysian users** + **Boost Bank Bhd Malaysian digital bank co-founder with RHB Bank post-Jun 2024 launch** <sup>[1][1], [Malaysia report](https://docs.barcoder.ai/docs/payments/MY)</sup>.

## History

**2017 — Boost founded by Axiata Group Berhad Malaysian telecom parent as Malaysian mobile wallet + digital financial services** distinctive Malaysian mobile wallet heritage.

**Jun 2024 — Boost Bank Bhd Malaysian digital bank launched by Boost Holdings + RHB Bank JV** distinctive Malaysian digital banking expansion.

## Ownership & operator

**Operating entity**: **Boost Holdings Sdn Bhd** (Malaysian mobile wallet + digital financial services; Axiata Group Berhad parent).

**Major shareholders**: **Axiata Group Berhad (KLSE: AXIATA; Malaysian telecom group; Khazanah Nasional Berhad Malaysian sovereign wealth fund + EPF Employees Provident Fund Malaysian pension fund controlling) fully owned**.

**Regulators**: **BNM Malaysia**.

## Technical integration

Boost Life mobile app (iOS + Android; ~10M+ Malaysian users) + myboost.com.my online + Boost Mastercard prepaid card; DuitNow QR + MY IBAN + DuitNow.

## Implementations & partners

**Axiata Group parent**: Axiata (Axiata Group Berhad; KLSE: AXIATA; Malaysian telecom group operating across 10+ Asian countries).

**Boost subsidiaries**: [Boost / Boost Bank](https://docs.barcoder.ai/docs/wallets/boost) (Boost Bank Bhd; Malaysian digital bank by Boost Holdings + RHB Bank JV post-Jun 2024 launch).

**Major Malaysian banking + mobile wallet + payments competitors**: [Maybank Malaysia](https://docs.barcoder.ai/docs/wallets/maybank-malaysia) (Maybank Malaysia; KLSE: MAYBANK; Malaysia's largest commercial bank by assets) + [CIMB Bank](https://docs.barcoder.ai/docs/wallets/cimb-bank) (CIMB Bank Berhad; KLSE: CIMB; Malaysia's #2 commercial bank by assets) + [Public Bank Berhad / MyPB](https://docs.barcoder.ai/docs/wallets/public-bank) (Public Bank Berhad; KLSE: PBBANK; Malaysia's #3 commercial bank by assets) + [RHB Bank Malaysia / RHB Mobile Banking](https://docs.barcoder.ai/docs/wallets/rhb-bank) (RHB Bank Berhad; KLSE: RHBBANK; Boost Bank co-founder) + [Hong Leong Bank Malaysia / HLB Connect](https://docs.barcoder.ai/docs/wallets/hong-leong-bank) (Hong Leong Bank Berhad; KLSE: HLBANK) + [MAE (Maybank E-Wallet)](https://docs.barcoder.ai/docs/wallets/mae-maybank) (MAE by Maybank Malaysian P2P mobile wallet integrated within Maybank2u) + [Touch 'n Go eWallet](https://docs.barcoder.ai/docs/wallets/touch-n-go) (Touch 'n Go eWallet Malaysian super-app wallet; Touch 'n Go + Ant Group JV; ~22M+ Malaysian users; Malaysia's largest mobile wallet by users + transactions) + [GrabPay](https://docs.barcoder.ai/docs/wallets/grabpay) (GrabPay Malaysia; Grab Malaysian mobile wallet) + BigPay (BigPay Malaysia; AirAsia Malaysian mobile wallet + prepaid card).

**Regulators**: BNM Malaysia.

## Status

**Active, Malaysian mobile wallet + digital financial services + Axiata Group Berhad KLSE:AXIATA Malaysian telecom parent fully owned + ~10M+ Malaysian users + Boost Bank Bhd Malaysian digital bank co-founder with RHB Bank post-Jun 2024 launch** <sup>[1][1], [2][2]</sup>.

## Sources

[1]: https://www.myboost.com.my/ "Boost — official"
[2]: https://en.wikipedia.org/wiki/Boost_(payment_service) "Boost — Wikipedia"
[my-cro]: https://docs.barcoder.ai/docs/payments/MY

- [1] [Boost — official][1]
- [2] [Boost — Wikipedia][2]
- <sup>[Malaysia report](https://docs.barcoder.ai/docs/payments/MY)</sup> In-corpus: `reports/countries/MY-malaysia.md`

## Source

Biography extracted from [boost-malaysia.md](https://docs.barcoder.ai/source/wallets/boost-malaysia). See `matrix.md` for standards-support matrix if present.