Top 50 Financial Services VC (Venture Capital) Funds in Malaysia in October 2023

Portfolio highlights

• GIZTIX — GIZTIX is an integrated logistics platform, solving problems on speed & fragmented processes of truck sourcing and also managing their own fleets that cause unscalable deliveries. GIZTIX enables businesses to outsource trucks in seconds to they can fulfil deliveries in time and also helping fleet owners to increase efficiency by providing TMSsoftware. Ultimately, GIZTIX will be the winner of trucking market by expanding fleets & customers networks and having largest & most active TRUCKING BIG DATA.
• Med247 — Med247 is an offline-to-online (O2O) healthcare startup. A platform where customers can book an appointment and consult online with Pro doctors.Med247 is a family of clinics for families. Med247 plans to optimise the technology so that it could become the standardised platform to connect with other healthcare services providers in the future.
• FishLog — FishLog is fisheries supply chains ecosystem. Our vision is to transform fragmented fisheries supply chains into an integrated and efficient ecosystem with reliable solutions that create value along fisheries network. Our mission is to be the largest fisheries network in Indonesia. Offer complete fisheries post-harvest management services. Creatinga transparant, fair-trade and sustainable transaction along fisheries ecosystem with all stakeholders in our network.

Portfolio highlights

• CompAsia — Device lifecycle solutions for a greener world.
• Kiddocare — They are on a journey to create an ecosystem to support working parents – giving them the gift of freedom and time by connecting them with babysitters to care for their children. It is also their aim to empower women who want to pursue childcare as a career or to generate extra income by giving them the platform to do so.
• CAS Linkfiber — CAS Linkfiber is concentrating on key material technology research and manufacturing for hydrogen fuel cells, overcoming foreign suppliers' monopolies and attaining key material localization.

Portfolio highlights

• FastJobs — FastJobs is a fast and simple mobile platform for both job seekers and employers to fill non-executive and part-time jobs on the go. Fill your job vacancies FAST!
• Finfra — From application to decisioning to operations - FINFRA provides the necessary infrastructure and services for technology companies to embed financial services to their environment through a seamless integration.
• Sirius — At Sirius we feel technology should be less complex and more accessible to everyone. Therefore we have developed our own middleware platform based on Gartner's Hybrid Integration Platform capability framework and following Mesh Application and Service Architecture. This enables large or fast-growing organizations to accelerate their digitalcapabilities, transformations and ecosystem development by providing cost-effective integration through our run-time platform as well as composable software solutions. There is no other platform that provides similar levels of flexibility and scalability in the same cost-effective manner.

Portfolio highlights

• SUPA — SUPA BOLT | Get insights to turn label noise into trusted and usable data. Begin your data-centric AI journey today.
• SUPA — Supahands is the leading end-to-end data labelling partner for AI/ML companies. Find out more and set up a POC within 48 hours by speaking to us today!
• MoneyMatch — MoneyMatch is a FinTech startup enabling cross-border international payments and remittances which are cheaper, faster and more convenient than traditional banks. Starting off in Malaysia, MoneyMatch has since expanded out to Australia as well with plans for further expansion in Southeast Asia. Since just the past 1.5 years, MoneyMatch has alreadytransacted over MYR 260 million sending money out from Malaysia to over 70 countries worldwide helping under-served SMEs (small and medium enterprises) save hundreds of thousands in margins

Portfolio highlights

• Torum — Torum is the SocialFi ecosystem (Social + NFT + DeFi + Metaverse) that is specially designed to connect cryptocurrency users. The Web3.0 ecosystem is built on a social media platform, coupled with a yield farming platform for DeFi players, an NFT marketplace for crypto artists and Avatar NFT for Metaverse enthusiasts.
• appsNmobile — A leading payment solutions provider licensed by the Bank of Ghana. Service delivery is hinged on integrity, innovation and excellent customer service.
• FanAnywhere — Your one-stop blockchain solution for a celebrity to engage the fan base, exclusive Fan Tokens, exchange in FAW pairs & own exclusive celebrity artworks

Portfolio highlights

• Torum — Torum is the SocialFi ecosystem (Social + NFT + DeFi + Metaverse) that is specially designed to connect cryptocurrency users. The Web3.0 ecosystem is built on a social media platform, coupled with a yield farming platform for DeFi players, an NFT marketplace for crypto artists and Avatar NFT for Metaverse enthusiasts.

Portfolio highlights

• BharatNXT — BharatNXT is a B2B fintech platform. BharatNXT's objective is to become the go-to partner for SMEs on their path to becoming major companies for their business payments, credit, compliance, and sourcing needs.
• PolicyStreet — PolicyStreet is a regional full-stack InsurTech company. We customise insurance solutions for businesses and consumers.
• Yellow Metal — Fintech company that provides Gold loan

Portfolio highlights

• Joystream — JoyStream is a blockchain powered decentralized media distribution, curation, discovery, and monetization platform.
• Forward Protocol — Create Blockchains, Subnets, and dApps with A No-Code Interface Wordpress for Web 3.0 Cross-Chain Compatible Industry Agnostic Adoption-Focused Deploy Your dApp Now Join the Community Featured In Deploy and go live in a few minutes. No programming skills required. https://www.youtube.com/watch?v=K07z8cQPQGI&ab_channel=ForwardProtocol Lowest Barrier to Entry Easy to use Open Source Drag and drop Complete control Set
• The Fashion Kingdom — Fashion, Sneakers for men, women, and kids

Portfolio highlights

• iMotorbike — iMotorbike is the #1 motorbike online E-commerce website in South East Asia, providing a fast, secure, simple and trouble free online experience with a wide variety of product range, setting itself apart from what exists in the market. iMotorbike offers three main categories: motorbikes, parts and accessories. For a complete 360° experience,iMotorbike also enables users the access to services such as insurance and financing. At iMotorbike we always strive to offer our customers the best experience through a complete and efficient online ecosystem for motorbike users, lovers and professionals.
• ThoughtFull — Manage stress, anxiety and depression better with affordable daily bite-sized therapy with our certified professionals from your phone anytime, anywhere to be the happiest you!
• Finology — An Asia-Pacific fintech company that specialises in enabling embedded and seamless end-to-end access to financial products.

Portfolio highlights

• Torum — Torum is the SocialFi ecosystem (Social + NFT + DeFi + Metaverse) that is specially designed to connect cryptocurrency users. The Web3.0 ecosystem is built on a social media platform, coupled with a yield farming platform for DeFi players, an NFT marketplace for crypto artists and Avatar NFT for Metaverse enthusiasts.
• Coldblock — Coldblock Technologies Inc delivers short wave infrared sample digestion technology to prepare samples for analysis, accuracy and safety.
• fraction/al — Fan Ownership Platform that empower fans to own a piece of their favorite sports team.

Portfolio highlights

• Torum — Torum is the SocialFi ecosystem (Social + NFT + DeFi + Metaverse) that is specially designed to connect cryptocurrency users. The Web3.0 ecosystem is built on a social media platform, coupled with a yield farming platform for DeFi players, an NFT marketplace for crypto artists and Avatar NFT for Metaverse enthusiasts.

Portfolio highlights

• CHIP - Cash, Card & Coin Handling Integrated Platform — CHIP (Cash, Card & Coin Handling Integrated Platform) is an online payment platform for both individual and business merchants to collect payment from customers via online banking, card & digital coin/token. Our services include digital company secretary, treasury management & expense management for your online business.

Portfolio highlights

• ZumVet — ZumVet provides access to affordable and convenient veterinary care through video calls and medication delivery. They are passionate about animals and want them to get the best possible care by offering video consults, referrals, home visits, and emergency services. It was incorporated in 2019 and is based in Singapore.
• Ion Mobility — Ion Mobility is a tech-driven all-electric mobility company tackling a challenging and complex space.
• Smoothly — Startup is a place where ideas are built. A place where we are always looking toward the future; new horizons in design and development are just ahead.

Portfolio highlights

• StoreHub — StoreHub is an all-in-one POS system that helps future-proof F&B and retail businesses in Southeast Asia. Manage and grow your business, anytime, anywhere.
• Versa Asia — Versa is a digital wealth management app that makes saving and investing easy and accessible, so you can achieve financial wellness.
• Hubble.Build — Build better, faster, safer and cost-effective with our construction management software. Learn how to digitise and automate your construction worksite workflows.

Portfolio highlights

• Bob W — Book the smartest alternative to hotels and random rentals. Climate-neutral and locally designed apartments in handpicked districts. Stay days, weeks or months.
• GoTrendier — Gotrendier.com.co is a platform to sell the clothes that you no longer use and to buy in the closet of other girls throughout Colombia. Posting your products on gotrendier.com.co is completely free! They are sure that in your closet you have many fashion garments that you have not even put on, or that are new, even with a label. At GoTrendier wegive you the opportunity to sell these items and earn money. In addition, you can buy clothes from other users, and find your new favorites
• Lunar — Get a free account and card - just like 750,000 others. Spend smart. Achieve financial peace of mind. Sign up in minutes.

Portfolio highlights

• Verisoul — Verisoul helps ensure your users are real, unique, and trusted.
• Chaos Labs — Chaos Labs is a fully automated on-chain economic security system that allows crypto protocols to optimize risk management and capital efficiency while safeguarding user funds. Chaos Labs offers a more secure and safe operating environment for crypto protocols. Chaos Labs uses technology and risk management expertise to help protocols navigate theoften volatile crypto markets and make informed decisions. The platform is currently available for protocols on the Ethereum network, with plans to expand to other blockchains such as Terra, NEAR, and Polygon in the future.
• Twentyeight Health — Your birth control. Delivered to your door. Get a new or re-up existing prescriptions, free & fast deliveries and follow up messaging with doctors. $0 with insurance and starting at $16/pack without.

Portfolio highlights

• Torum — Torum is the SocialFi ecosystem (Social + NFT + DeFi + Metaverse) that is specially designed to connect cryptocurrency users. The Web3.0 ecosystem is built on a social media platform, coupled with a yield farming platform for DeFi players, an NFT marketplace for crypto artists and Avatar NFT for Metaverse enthusiasts.

Portfolio highlights

• UXUY — UXUY is the easiest and most secure decentralized exchange built on MPC wallet. Begin your Web3 journey with the native DEX and start making money today.
• Safeheron — Safeheron is a platform that enables open and transparent self-custody of digital assets.
• Volare Finance — Volare Finance provides a transparent, trustless, and convenient decentralized option trading without intermediaries.

Portfolio highlights

• Torum — Torum is the SocialFi ecosystem (Social + NFT + DeFi + Metaverse) that is specially designed to connect cryptocurrency users. The Web3.0 ecosystem is built on a social media platform, coupled with a yield farming platform for DeFi players, an NFT marketplace for crypto artists and Avatar NFT for Metaverse enthusiasts.
• Wicrypt — Wicrypt is a dynamic organization that consistently allows its users to get paid by sharing their Wi-Fi.
• Bella Protocol — Bella Defi suite allows users to simply deposit and enjoy high yield from sophisticated arbitrage strategies, either on-chain or via custodian service.

Portfolio highlights

• Lapasar.com — Lapasar.com is a B2B marketplace, giving corporate buyers access to suppliers across Malaysia - via the marketplace & via RFQ tools. To adhere to and strengthen corporate governance, the marketplace comes with integrated procurement tools in the backend.
• WHIP Mobility — Disruptive SAAS platform in automotive retail
• Igotopia Sdn Bhd — Gecko Digital is a Digital Marketing & Virtual Tours agency. We are the biggest provider of Hotel Virtual Tours and 360 VR in Asia.

Portfolio highlights

• GPU.Net — GPU Network is a decentralized graphics processing unit on-demand infrastructure that supports the next generation of Generative AI, Web3 Metaverses, high-end graphics rendering, and cryptocurrency mining.
• Bubblemaps — Explore DeFi tokens and NFTs through bubbles in our crypto dApp. Cryptocurrency data for beginners, degens, and experts.
• Aethir — Power Ultra-Low Latency Gaming & AI Experiences.

Portfolio highlights

• Payd — Payd is a powerful employee benefit that enables employees to access part of their earned wages in Malaysia, to reduce financial stress and boost productivity in the workplace.

Portfolio highlights

• ZetaChain — An EVM-compatible L1 blockchain that connects everything: Build interoperable dApps that span any chain including Bitcoin, access all chains from one place.
• Orbital — We bridge the gap between traditional and crypto financial solutions, providing a regulated, secure and frictionless experience for global businesses.
• Mindigital Group — Mindigital is a leading global Fintech firm specialzing in providing Banking As A Service to local institutions in each country. We have served clients from different continents in countries including US, Spain, Brazil, China, India, Indonesia, Pakistan, Philippines and Vietnam. Mindigital has consistently helped our partners to upgrade theirdigital infrastructure, improve profit , control risk and save operation cost.

Portfolio highlights

• Soft Space — From its inception in Kuala Lumpur, Malaysia in 2012, Soft Space has grown to become the leading mobile Point of Sales (mPOS) provider in the South East Asia region, present in 13 banks across Malaysia, Indonesia, Thailand, Singapore, Vietnam, the Philippines, Australia and New Zealand.The Soft Space centralised Mobile Point-­‐of-­‐Salespayment platform aims to revolutionise the payment industry by enabling anyone to accept card based payments. It is certified EMV Level 2, the first in Asia to achieve this, and is also certified by MasterCard and Visa; a testament to its security, credibility and is recognised globally.Soft Space has won multiple awards including the Red Herring Top 100 Asia 2014, Merit Winner of the WITSA’s Global ICT Excellence Awards, APICTA’s Best Financial Application Award 2013, APICTA’s Best Start Up 2013, and AICTA’s award for the Best Start Up in the ASEAN region.
• Origami Japan — Origami is a mobile platform for cashless payments with a mission to “Create the future of money, payment and commerce”. Established in 2012, Origami Pay is now rolled out nationwide at convenience stores, international fast food chains, taxis, department stores and shops across various verticals.
• GMO FINANCIAL GATE — GMO FINANCIAL GATE is a company that has been involved in the payment business .

Portfolio highlights

• Ostaz — Ostaz is a mobile and peer-to-peer educational platform connecting students seeking help in a specific course to qualified private tutors.
• PayHalal — Islamic Fintech in internet payments gateway space and ewallet issuing space . Services include merchant acquiring. We are licensed by Malaysian Central Bank for merchant acquiring. PayHalal offers PSaaS for Islamic Digital Banks and payment gateways in the halal space.
• Photonic Measurements — Photonic Measurements is a UV254 device designer and manufacturer based in Lisburn in N.Ireland. Full range of products including analysers, probes/sensors and dip probes

Portfolio highlights

• Delivus — Delivus offers small package delivery in major U.S. cities in the shortest amount of time, with real-time delivery tracking, at the same cost as the current courier To facilitate this, we provide Delivery as a Service.
• S-Alpha Therapeutics — Digital approach for unmet medical needs. We embody technology that understands and cares for humans.
• Stellar Vision — StellaVision can interpret synthetic aperture radar (SAR) sensors, an unparalleled radar technique for interpreting satellite data. Information is critical for making investment or policy decisions. Historically, we relied on news sources and government figures to make decisions. However, relying entirely on previously published knowledge may causeyou to be late to the game, and making decisions based on rumors or gossip may result in big losses. Satellite imaging provides a solution to this information mismatch. Satellite imaging is becoming a key decision-making tool in a variety of businesses due to its ability to give fast and accurate information.

Portfolio highlights

• Tune Protect — Tune Protect is a digital insurance provider that underwrites and reinsures non-life insurance products through its subsidiary companies. The company operates two core businesses; an online business, through which it sells insurance products to customers in more than 20 different markets as part of their online booking process with its onlinepartners or directly with offices in Kuala Lumpur and Dubai, and a general insurance business in Malaysia and Thailand, through its subsidiaries Tune Protect Malaysia and Tune Protect Thailand respectively.

Portfolio highlights

• Baskit — baskit | Empowering wholesalers and distributors with the world's first cloud-native all-in-one app
• Hybr1d — Hybr1d is an end-to-end workforce management system. Manage everything from onboarding, procurement, devices, and attendance to offboarding from a single platform.
• Mobee — Mobee is a leading digital asset exchange serving qualified individuals and businesses who are seeking for crypto adoption and digital wealth creation.

Portfolio highlights

• Payd — Payd is a powerful employee benefit that enables employees to access part of their earned wages in Malaysia, to reduce financial stress and boost productivity in the workplace.

Portfolio highlights

• MASVERSE — Entering the Masverse of blockchain gaming. Join the bandwagon of blockchain and NFT games via our initial game offering

Portfolio highlights

• FLEXIROAM — Creating a Connected World
• du-it — du-it is a Fintech that provides revolutionary payment solution for businesses & customers through 'Buy Now , Pay Later' business model.
• Algobizz Berhad — Company Background We focused ourselves on developing and providing a Cloud Tax Computation Solution to the Professional Industry, mainly Tax Agents, Accountants and Auditors. Our main objective is to ease the complexities of taxation procedures, enhance efficient submission of taxes, eliminate human error and minimizing operational costs. Thetax software's application is designed in a simple to use, easy to learn, no on-site training requirement and practical manner. With iBiZZtax Cloud, tax agents can now access their clients' data at any time, from anywhere and any internet-connected devices for prompt advisory. Most importantly, by moving to cloud-based tax application, it will be free from being exposed to high risk of becoming a victim of cyber-attack due to the highly confidentiality of tax information.In addition, the solution has successfully integrated to LHDNM newly launched e-filing submission format, namely e-Dts via Web-API in November 2019. An official endorsement has been presented to us for our competency in this field. In line with the government's focus in the field of digital transformation, we will continue to play our role in supporting it as a whole.​ Our Vision: To build a Digital Tax Economy Ecosystem for the 15 member countries of the Regional Comprehensive Economic Partnership (RCEP).Our Mission: To continuously explore the field of AI technology in tax software industry towards providing simplified process of tax system.

Portfolio highlights

• PayHalal — Islamic Fintech in internet payments gateway space and ewallet issuing space . Services include merchant acquiring. We are licensed by Malaysian Central Bank for merchant acquiring. PayHalal offers PSaaS for Islamic Digital Banks and payment gateways in the halal space.

Portfolio highlights

• du-it — du-it is a Fintech that provides revolutionary payment solution for businesses & customers through 'Buy Now , Pay Later' business model.

Portfolio highlights

• PayHalal — Islamic Fintech in internet payments gateway space and ewallet issuing space . Services include merchant acquiring. We are licensed by Malaysian Central Bank for merchant acquiring. PayHalal offers PSaaS for Islamic Digital Banks and payment gateways in the halal space.

Portfolio highlights

• CHIP - Cash, Card & Coin Handling Integrated Platform — CHIP (Cash, Card & Coin Handling Integrated Platform) is an online payment platform for both individual and business merchants to collect payment from customers via online banking, card & digital coin/token. Our services include digital company secretary, treasury management & expense management for your online business.

Portfolio highlights

• MAYANI — The Philippines' fastest-growing farm-to-table platform connecting over 60,000 smallholder farmers to consumers, both retail and commercial. Powers the agri-supply chain of Shell, Robinsons, WalterMart, Ayala Foundation, Healthy Options, PT Mayora Indah, UCC Group, etc. Backed by ADB and 1st venture investment in the Philippines of AgFunder -world's most active agtech VC based in Silicon Valley.https://www.youtube.com/watch?v=WPRP-2xaylc&t=65s
• Cloudtype —
• Aaron — Aaron's advantage is that it can apply for electric vehicle charging from anywhere using a mobile app, and the charging period is lower than that of a rapid charger, with no battery damage."With the goal of launching, we plan to quickly complete product development and overhaul the operating system."

Portfolio highlights

• Ouch — Ouch specializes in insurance services in Kuala Lumpur, Malaysia.

Portfolio highlights

• du-it — du-it is a Fintech that provides revolutionary payment solution for businesses & customers through 'Buy Now , Pay Later' business model.

Portfolio highlights

• MADCash — Our mission is to fund women micro-entrepreneurs in Malaysia to improve their income and credit standing by providing micro-funding and facilitating digital financial inclusion.
• Kiddocare — They are on a journey to create an ecosystem to support working parents – giving them the gift of freedom and time by connecting them with babysitters to care for their children. It is also their aim to empower women who want to pursue childcare as a career or to generate extra income by giving them the platform to do so.

Portfolio highlights

• Finology — An Asia-Pacific fintech company that specialises in enabling embedded and seamless end-to-end access to financial products.

Portfolio highlights

• Carsome — Carsome is an online used car platform that provides efficient car selling services to individuals and entities. Through its online bidding portal, customers are able to sell their vehicles directly to dealers. Carsome facilitates the entire car selling process from inspection to valuation, bidding, and payment as well as logistics needs, allowingthe customers to sell their cars.It was founded in 2015 and headquartered in Malaysia, the company has expanded to Indonesia, Thailand, and Singapore.
• BoozeBud — Buy Beer, Wine, Spirit & Gifts Online - BoozeBud.com, delivered to your door. Explore their story and inspirations and discover 100s of other producers from around the world.
• Common Ground — Ready to take your company to the next level? At Common Ground Coworking Space, we get your business done better with our workspaces & amenities. Learn more here.

Portfolio highlights

• CHIP - Cash, Card & Coin Handling Integrated Platform — CHIP (Cash, Card & Coin Handling Integrated Platform) is an online payment platform for both individual and business merchants to collect payment from customers via online banking, card & digital coin/token. Our services include digital company secretary, treasury management & expense management for your online business.

Portfolio highlights

• Gritti — Gritti is a social lifestyle app powered by Web3 that actively helps its users achieve their fitness objectives.
• MASVERSE — Entering the Masverse of blockchain gaming. Join the bandwagon of blockchain and NFT games via our initial game offering
• Social Future — Social Future is an AI-driven social networking metaverse company.

Portfolio highlights

• Quinky — With Quinky intimacy has never been this deep, safe, and fun! It's your playful assistant for exploring intimacy.
• Loewi — Loewi allows you to sell your two-wheeled companion.
• Klearly — Klearly simplifies payment acceptance for small and medium-sized businesses by transforming smartphones and tablets into secure payment processing devices, allowing businesses to easily take payments. Businesses can focus on what they do best with our all-in-one digital payment solution, while Klearly handles the rest.

Portfolio highlights

• Bayo Pay (M) Sdn Bhd — Beyond PaymentBayo Pay (M) Sdn Bhd

Portfolio highlights

• Kallyope — Founded and headquartered in New York City, Kallyope is developing an industry-leading platform to harness the gut-brain axis.
• Paywatch — Paywatch offers a platform that allows employees to access their earnings before payday anytime.
• Octane — Simple financing for motorcycles, ATVs, mowers, and more. Check your rate with no impact to your credit.

Portfolio highlights

• poled — Poled develops and manufactures car seat that has passed real vehicle crash tests.
• Paywatch — Paywatch offers a platform that allows employees to access their earnings before payday anytime.

Portfolio highlights

• PayHalal — Islamic Fintech in internet payments gateway space and ewallet issuing space . Services include merchant acquiring. We are licensed by Malaysian Central Bank for merchant acquiring. PayHalal offers PSaaS for Islamic Digital Banks and payment gateways in the halal space.

Portfolio highlights

• Ouch — Ouch specializes in insurance services in Kuala Lumpur, Malaysia.
• Bizbaz — Bizbaz offers financial intelligence solutions to financial institutions, fintech firms, e-commerce and telecommunication companies in Asia.With teams in Singapore, Israel, Vietnam, Philippines and Malaysia, Bizbaz offers a full suite of financial intelligence solutions, including but not limited to, comprehensive risk assessment, alternativecredit scoring, fraud detection, eKYC, financial product aggregation and recommendation systems.
• Dropee — Dropee is a SaaS-enabled marketplace that connects local independent retailers with brands in South East Asia via an ordering app. The marketplace's unique value proposition makes it easier for businesses both big and small to manage their procurement and supply chain ecosystem. It allows businesses to get connected in order to buy and sell inbulk and the enterprise solution allows businesses to streamline their operational processes to work more efficiently and effectively.Dropeee’s platform connects suppliers with small-to-medium enterprise (SME) business owners in real-time to streamline the product fulfillment process and facilitate bulk purchases through a suite of enterprise solutions. The supply-chain in Malaysia and across Southeast Asia lacks meaningful real-time connectivity between suppliers and retailers. The modern, digital approach to the wholesale industry allows retailers to discover, purchase, and manage inventories for their store all on a single marketplace platform.

Portfolio highlights

• Paywatch — Paywatch offers a platform that allows employees to access their earnings before payday anytime.
• HomeCourt — HomeCourt is a mobile app that uses AI to record and track basketball shots, makes, misses, and location.