MyCHAT to get mobile payments

Local chat app MyCHAT is moving toward allowing mobile payment on its platform. Its parent, MySQUAR, announced yesterday it has linked up with MyPAY, a new company specialising in solving Myanmar’s mobile payment problems. Under a five-year agreement, MyPAY’s mobile payment services will become a feature of MyCHAT, according to a company statement. The link-up […]

Singapore Firm Acquires Stake in Myanmar Payment Company

Singapore-based payments firm fastacash has made a strategic investment in Myanmar-focused payments company, MyPAY. MyPAY, which is developing a mobile payment system, also has a strategic partnership with local social network MySQUAR, which claims to have 1.5 million user accounts. However, a fastach spokesperson told Myanmar Business Today that the firm “won’t be able to […]

MySQUAR aims for listing in London

The company behind a popular Myanmar chat application won’t wait on Yangon to launch a stock exchange to debut on the public market. MySQUAR – the Singapore-based firm behind localised chat application MyChat – has turned to the London Stock Exchange’s Alternative Investment Market (AIM) for its float, slated for later in 2015. The mobile […]

Line’s instant messaging software aims to take on local leader Viber

Instant messaging service Line aims to give Viber a run for its money after launching in Myanmar on March 24. The service is available on iOS and Android, and aims to woo users partly through its in-app innovations such as group chat and a range of emojis, or small graphics that can be interspersed in […]

Startups in Myanmar Land of temples and tech

The startup culture germinates in an unlikely place REMARKABLE views greet visitors to Phandeeyar, an open-plan office and events space which sits atop a tower block in the centre of Yangon, Myanmar’s biggest city. Its north windows frame golden pagodas and colonial mansions; to the south weather-beaten cargo ships glide up the Yangon River. The […]

Myanmar Start Up Guide for E-Entrepreneurs

Harald Friedl tells you all you need to know to set up shop in Myanmar — Asia’s new frontier market Myanmar. The Myanmar Startup Guide is an attempt to describe the emerging startup space in Myanmar. From a closed, military-dominated, bureaucratic environment, Myanmar is very quickly embracing an openness to business, and firms, both large […]

MySQUAR Launches Free Mobile Messaging App for Myanmar

Local content platform MySQUAR said it has beta-launched MyChat, a free mobile messaging app built solely for Myanmar. Available on Android devices, MyChat is tailored for the Myanmar market with localised language, look and feel as well as emoticons and sticker sets, the firm said. “MySQUAR’s chief mission is to connect Myanmar youth with experiences […]