Boost Bank And DCAP Digital Partner To Rev Up Fast And Flexible Motor Ownership

• Boost Bank is the first digital bank in Malaysia to offer a hire purchase solution for motorbike ownership
• The Motorbike Loan is now available for customers to apply at selected motorcycle dealers in collaboration with DCAP Digital
• Key features include AI-powered fast approval process, flexible repayments, and a high financing limit

Kuala Lumpur, 3 September 2025 – Boost Bank, Malaysia’s first homegrown digital bank, and DCAP Digital, a full-stack AI-powered Lending-as-a-Service (LaaS) platform, have partnered to launch the Motorbike Loan, leading the way in digital banking innovation by introducing the first digital hire purchase solution for motorbike ownership.

Rolled out as a pilot phase in June 2025, it has seen positive traction since, with strong interest particularly from the underserved segment. Available at selected motorcycle dealers in the country, there are plans to expand the network across Peninsular Malaysia in the coming months.

Eligible applicants can enjoy up to 90% financing for new mopeds (below 250cc), supported by an AI-powered fast approval process that delivers a seamless and hassle-free financing journey. The product features a fixed interest rate of up to 10% per annum, with flexible loan tenures of up to 60 months.

Fozia Amanulla, Chief Executive Officer of Boost Bank, shared, “Across first-time buyers, gig workers, and everyday commuters, mobility is a key enabler of opportunity and livelihood, especially within the underserved segment. With the launch of our Motorbike Loan, we’re addressing a real, everyday need with a digitally accessible solution that removes friction and empowers more Malaysians to move forward, both literally and financially. This partnership with DCAP Digital reflects our shared commitment to innovation with purpose and marks another step in Boost Bank’s journey to expand meaningful financial access for all.”

Wilson Kok, Co-Founder and Chief Risk Officer of DCAP Digital, shared, “This collaboration with Boost Bank marks a significant milestone for DCAP Digital as we continue to strengthen our strong footing in the motorcycle ecosystem. Powered by our proprietary AL-driven credit engine, this solution delivers a seamless and accessible financing journey while ensuring fair and responsible lending practices. With our deep expertise in the motorcycle market and commitment to innovation, we are proud to set a new benchmark for mobility financing that empowers more Malaysians to get on the road.”

To help customers manage their loans with confidence, repayments are automated via Direct Debit through the Boost Bank app, where customers can track and view their repayment status, as well as access annual e-statements, ensuring complete visibility at every step. The Motorbike Loan also offers full transparency on fees and charges in advance, helping customers plan ahead and make informed decisions on their purchase.

Together, Boost Bank and DCAP Digital are paving the way for Malaysians from all walks of life to unlock the path to financial empowerment through accessible, financially inclusive motor ownership.

For more information on the Motorbike Loan, please visit https://link.myboost.co/MotorBikeLoan.