Malaysia Launches Ryt Bank -- The World's First AI-Powered Bank

Just ahead of Merdeka, Malaysia has made history with the launch of Ryt Bank, The World's First AI-Powered Bank created by Malaysians, for Malaysians. Led by YTL Group in partnership with Sea Limited, Ryt Bank marks a bold leap into the nation's digital future – combining world-class AI innovation with the values, languages, and lifestyles that define Malaysia. "Ryt Bank demonstrates that groundbreaking innovation can be imagined, built, and led right here in Malaysia. By combining homegrown AI with the values and diversity of our people, we've created a bank that Malaysians can proudly call their own – one that speaks our languages, understands our culture, and sets a new standard for how banking should feel." – Dato' Seri Yeoh Seok Hong, Managing Director, YTL Power International. Banking Designed Around Malaysians With in-app access in Bahasa Malaysia and English, with Mandarin available by September 2025, Ryt Bank makes banking truly inclusive, ensuring every Malaysian can bank with ease in the language they know best. This multilingual approach bridges cultures and communities, making money management accessible, personal, and intuitive, so every feature feels familiar, human, and secure. Meet Ryt AI – Your Intelligent, Secure Banking Assistant At the heart of Ryt Bank is Ryt AI, an always-on banking assistant powered by ILMU, Malaysia's first homegrown large language model. Ryt AI understands natural conversation – whether Bahasa Malaysia, English, or even Manglish – and can act instantly on everyday banking needs. From reading and paying bills to tracking spending and explaining financial basics in simple terms, Ryt AI brings together convenience, cultural fluency, and enterprise-grade security. Built to solve real needs in one seamless app Ryt Bank brings every part of your financial life together, from saving and earning daily interest, to getting instant credit – It speaks your language, understands your needs, and gives you the tools to manage, grow, and access your money: 1.Smarter, Personal Banking with Ryt AI Ryt AI puts personalisation at its core, adapting to your habits, preferences, and language to make every interaction intuitive, familiar, and effortless.

• Pay your way – Chat naturally via text to send money or transfer funds via DuitNow and pay bills instantly.
• Snap, upload & pay – Works with utility bills, receipts, and over 20,000 billers via JomPAY.
• Learn as you bank – From savings guides to finance basics, explained simply in the way Malaysians speak, making financial literacy accessible to everyone.
• Secure & seamless – Every action is verified and encrypted before it's done.
• Special launch reward – Try Ryt AI and get up to RM5.

2. Grow Your Money, Effortlessly Savings that support both your everyday needs and future plans.

• Earn interest up to 4% p.a., paid daily into your account.
• No lock-in. Just daily growth.

3. *Ryt PayLater - credit for your everyday 

• Instant credit up to RM1,499 to start.
• No documents. No late fees.
• 0% interest when paid within the first month.
• Earn 1.2% cashback on DuitNow QR payments.
• 2X cashback with participating ecosystem partners such as Yes stores. *Eligibility check applies

4. Spend Anywhere with the All-in-One Ryt Card     Switch between debit and credit instantly in the app & and enjoy global acceptance powered by Visa. For a limited time, customers can enjoy a special edition Ryt Card design and get their card for free.

• Unlimited 1.2% cashback overseas.
• Zero foreign transaction fees.
• Zero ATM withdrawal fees nationwide.
• Exclusive partner rewards — enjoy an RM8 Shopee voucher when you pay with your Ryt Card and savor 20% off dining at YTL Hotels restaurants. More to come.

Safe, Licensed, and Trusted Ryt Bank is licensed by Bank Negara Malaysia, with your money protected by PIDM (up to RM250,000 per depositor). Our advanced security features include biometric login, multi-layered encryption, and real-time fraud alerts. A Proud Malaysian Innovation Ryt Bank is more than a financial product. It's a symbol of Malaysia's capability to innovate for its own people. Download Ryt Bank today from the App Store or Google Play and experience smarter banking, your way.