KUALA LUMPUR, April 27 – Ryt Bank has surpassed 1.2 million users just over seven months after its launch in August 2025.

Marking one of the fastest growth rates in Malaysia’s digital banking sector. The milestone reflects strong adoption.

With transaction volumes rising over 35 times and daily usage expanding across payments, transfers and bill services.

The bank’s AI-powered feature, developed with YTL AI Labs, has driven engagement, with nearly half of users utilising it for everyday banking tasks.

Interim CEO Wilson Soon said the bank will expand services soon, including new credit and investment features, to further support financial inclusion and user growth.