Supporting the financial industry wide effort to provide better financial education to Malaysians, Shopee and SeaMoney join the Financial Industry Collective Outreach (FINCO) alongside Financial Education Network (FEN) as they launch their “Train the Trainers” initiative, aiming to educate thousands of school teachers across Malaysia to increase financial literacy within the education sector.

Bolstering Bank Negara Malaysia’s (BNM) long-term vision to improve national financial literacy, the “Train the Trainers” initiative will see over 10,000 school teachers receiving quality financial education aiming to enhance their financial management skills and educate them on the many financial resources available to Malaysians. The initiative will be conducted through 2025, providing Ministry of Education teachers with comprehensive education materials and personalised training sessions across all regions. 

By investing in school teachers and educating them on a personal level, the initiative aims to develop a new generation of educators that are confident in their own financial aptitude and be able to share their knowledge to the growing population  they educate. As teachers play an integral and influential role in the upbringing of Malaysian youths, this initiative aims to reach and enrich the lives of over 290,000 students across all states, instilling a strong financial aptitude and confidence in our next generation. 

The initiative was officiated at the Karnival Celik Kewangan (KCK) Sarawak, at Vivacity Megamall. The event hosted by the Financial Education Network (FEN) aims to educate the public on financial literacy and expose them to a wide source of financial information.

Following BNM’s findings that around 92% of Malaysians use digital financial services,  Alain Yee, Head of ShopeePay and SeaMoney said “As our brands play a notable part in many Malaysians’ lives, through Shopee’s wide e-commerce platform serving both consumers and business owners, and through SeaMoney’s digital financial services, we’ve always believed that all Malaysians deserve equal opportunities to develop themselves financially.”

“We’re thankful for FINCO having us as their first digital platform partner and we are honoured to work alongside them in advancing BNM’s long-term initiative to improve financial literacy and champion financial inclusion across Malaysia.”

“Supporting and investing in teachers through this initiative is how we can help them improve their understanding of how to better manage personal finances and achieve long-term financial wellbeing.

“This in turn ensures they are better positioned to guide students in developing the necessary skills to manage money and make informed financial decisions, improving access to high quality financial education for Malaysian students, regardless of socioeconomic background,” said Clare Walker, FINCO CEO.

#Shopee #SeaMoney #FINCO #FEN #FinancialLiteracy #TrainTheTrainers #Education #FinancialInclusion #MalaysianBusiness

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