MONEY services provider Moneywave has opened a new headquarters at Wisma MCA, Jalan Ampang, as the company expands its operations beyond traditional currency exchange.
The move comes more than three decades after Moneywave began as a neighbourhood money-changing counter in Pandan Indah, Ampang.
The new premises offer currency exchange and remittance services alongside solutions for businesses, while the company works on expanding its digital transaction capabilities.
Moneywave chief executive officer Aiman Kallahan said the company’s experience serving customers at physical counters had shaped its approach to the new outlet.
“We spent 30 years learning what people need when they move money. Wisma MCA is where we build the outlet around that, instead of asking customers to fit the counter,” he said.
Moneywave currently operates five outlets across West and East Malaysia, offering currency exchange and remittance services involving more than 60 currencies.
Its digital platform is being developed to allow customers to begin certain transactions online before completing them at a physical outlet.
One planned feature will allow customers to lock in an exchange rate through their mobile phones and collect the currency later at a branch.
The company said its customer base includes foreign workers sending money home, families supporting relatives overseas, students, travellers and small businesses making payments to suppliers or workers abroad.
Moneywave also plans to introduce local payout services for businesses, including payments to international vendors and recipients.
Kallahan said the shift towards digital transactions had not removed the need for customers to have access to physical services.
“Money is becoming increasingly digital, but the need for accessibility and human interaction hasn’t disappeared. Our view is that customers should not have to choose between the two,” he said.
The new headquarters also features a collection of international banknotes belonging to one of Moneywave’s founders.
Built up over more than 30 years, the collection began as a hobby linked to his work at the money-changing counter.
The opening ceremony included a lion dance and firecrackers, followed by a ribbon-cutting ceremony and tour of the new premises. - September 12, 2026
