CheckMLM

Wow Fintech Sdn. Bhd.

Expired
52/ 100 — Moderate

AI Safety Score (higher = safer)

76 – 100Low Risk
51 – 75Moderate
26 – 50High Risk
0 – 25Very High Risk

Score across 5 dimensions, each max 20 pts

Is Wow Fintech Sdn. Bhd. a scam?

Wow Fintech Sdn. Bhd.'s KPDN licence has expired

Wow Fintech Sdn. Bhd.'s KPDN direct-selling licence has lapsed and is not currently active. It may be renewed later, but until then the company is not licensed for direct selling. Check the official KPDN register for the latest status before joining.

Direct sales company (KPDN licence no. AJL932215).

BLOK B, LEVEL 3, SUITE 3A & 5, ATIVO PLAZA, JALAN PJU 9/1, DAMANSARA AVENUE, BANDAR SRI DAMANSARA, 52200 KUALA LUMPUR.
Malaysia

KPDN License

License No: AJL932215
Licensed Since: 25/02/2021
Expiry: 24/02/2026
Last Checked: 01/11/2026

About this company

The WOWNations loyalty platform, with an online mall, offline shops, and access to cards, bill payments and insurance.source

Official website:
mobile.wownations.comsource
In business since:
2016source
Origin:
Malaysian-incorporated company (Wilayah Persekutuan)source
Joining cost:
RM399 — VIP membership per year in a plan dated 22 September 2023 (Vice President RM999 a year; WOWCitizen free). These figures may be out of date.source

Products

Claims on the company's own materials

Quoted as published; CheckMLM has not verified them. Check a health product's registration with NPRA and ask a doctor before relying on a health claim. Treat income claims as a best case, not a typical result.

  • “Earning 6 Figures A Month” (WOWPreneur Vice President tier (2023 plan))source

Warnings and news

No regulator action found. Not on Bank Negara Malaysia's Financial Consumer Alert List or the Securities Commission's Investor Alert List (checked 5 Oct 2026).

Researched by CheckMLM on 5 Oct 2026 from the linked sources. Spotted something out of date? Tell us.

Risk Factors

Each dimension scored 0–20 (higher = safer). A dimension with no information is scored neutral (10).

AI-generated assessment for educational purposes only. Not an official rating.

Wow Fintech Sdn. Bhd. has an expired KPDN direct-selling licence (AJL932215, valid 2021-02-25 to 2026-02-24), which lowers its transparency score. The licence is the main concern, and consumers should check with KPDN whether it has been renewed. Its materials carry the income claim "Earning 6 Figures A Month" for the WOWPreneur Vice President tier, which lowers the Compensation Plan score. Joining costs were published in a plan dated 22 September 2023 (VIP RM399 a year, Vice President RM999 a year, WOWCitizen free), but these may be out of date. No regulator action was found and the company is not on the Bank Negara or Securities Commission alert lists (checked 2026-10-05). There are 0 verified community reports. Information is limited on DSAM membership, product registration and how the compensation plan works, so those areas were scored neutrally.

Pricing Transparency14/20
Compensation Plan6/20
Product Legitimacy12/20
Company Transparency8/20
Reputation12/20

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