KUALA LUMPUR: Malaysians can now apply for motorbike loans entirely online, following a new partnership between Boost Bank and DCAP Digital, a Lending-as-a-Service platform.
The product, launched as a pilot in June 2025 at selected dealerships, is set for a wider rollout across Peninsular Malaysia in the coming months. It offers up to 90% financing for new mopeds under 250cc, with fixed interest rates of up to 10% per annum and repayment periods of up to 60 months.
Applications are assessed using DCAP Digital’s AI-driven credit engine, designed to accelerate approvals while ensuring responsible lending. Repayments are handled seamlessly through the Boost Bank app, where borrowers can track loan status, receive notifications, and access e-statements.
Boost Bank said the motorbike loan has already gained strong early traction, particularly among first-time buyers, gig workers, and commuters, reflecting pent-up demand for accessible and flexible mobility financing.
CEO commentary: meeting an everyday need
Fozia Amanulla, Chief Executive Officer of Boost Bank, said the product was designed to address real financial needs:
“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.”
AI-powered approvals, fair lending
Wilson Kok, Co-Founder and Chief Risk Officer of DCAP Digital, added:
“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 AI-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.”
Financial inclusion through digital mobility
The Boost Bank–DCAP partnership positions mobility financing as an enabler of financial inclusion in Malaysia, where motorcycles remain a critical mode of transport for both work and daily life. By leveraging AI, digital platforms, and embedded repayment solutions, the two companies aim to scale adoption among underserved communities and the growing gig economy workforce.
