Top 35 Payments VC (Venture Capital) Funds in Malaysia in October 2023

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

• 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

• 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

• 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

• 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

• 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

• 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

• 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

• 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

• 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.
• 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

• Florida Street — PIXEL GG INC.
• Ethena — Ethena provides derivative infrastructure in order to transform Ethereum into the first crypto-native yield bearing stablecoin.
• Mahjong Meta — Mahjong Meta is a Web3 gaming platform on Ethereum, providing Mahjong lovers with an innovative gaming experience.

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

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

Portfolio highlights

• Wodca — Wodca is the developer of a Token Wallet service that can distribute virtual currency in real time.
• GDX — No.1 SaaS and Sustainable Brand EC Enabler and Omni Channel Solution in Southeast Asia and India Chat GPT and AI Robot take over EC operation from manpower. From Silicon Valley US, Bangalore India and Tokyo Japan to the worldThe growth of the EC market is hindered by the limited capacity and capability of human resources to build and operate ECbusinesses.GDX solves the problem of limited human resource capacity and capability with high-level planning and project management capabilities using AI robots and stable operations at low cost using ChatGPT.GDX will contribute to the economic growth of Southeast Asia and India by sustainably expanding the EC market using cutting-edge IT technology.
• 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.

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

• 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

• slowave — Slowwave discovered that the current sleep test is performed in a foreign hospital setting with numerous sensors attached to the head, making it impossible to test and identify sensitive insomnia patients effectively. As a result, a microprocessor and low-power measuring algorithm were integrated into an ultra-light patch, allowing patients withinsomnia to easily perform sleep EEG at home while eliminating factors that interfere with the examination and boosting measurement precision.
• Amo Travel — Amo Travel likewise swiftly established a market fit in Korea with minimal blog promotion.
• Apollon Inc. — Noninvasive Continuous Glucose Monitoring

Portfolio highlights

• poled — TOMORROW BEGINS HERE
• Paywatch — Paywatch offers a platform that allows employees to access their earnings before payday anytime.
• Paywatch Korea — Paywatch Korea is a payroll advance payment service with good social influence.

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

• Paywatch — Paywatch offers a platform that allows employees to access their earnings before payday anytime.
• Calidi Biotherapeutics — We're on a Mission to Find The Cure For Cancer By Delivering Oncolytic Viruses That Are Designed To Attack Cancer

Portfolio highlights

• Mintroute — Mintroute specializes in prepaid distribution solutions like digital payments, e-voucher generation, gift cards and self-service kiosks.
• Monsoon — Monsoon Digital is a blockchain-focused company, founded to create innovative, consumer-friendly solutions for companies in the gaming and collector-based product businesses.
• Mighty Bear Games — Mighty Bear is a Singapore-based studio building the next generation of massively multiplayer online mobile games. The team is a collective of games industry vetarans from the likes of King, Ubisoft, EA, Lucasarts, Disney, Gameloft, and Jagex. Mighty Bear make games that combine the depth of desktop gaming with the accessibility of mobile -"Mobile games without compromise".

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.

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

• Nillion — The Secure Processing Layer of Web3
• The Unfettered — The Unfettered is a blockchain PC game.
• Cryption Network — Cryption Network is crypto company. Its can swap, farm, Invest and predict with cryption's unique and user-friendly DeFi 2.0 products. Bringing mass adoption to DeFi. PolyDEX is cryption's flagship product, which is completely gasless, instant, cross-chain AMM DEX with yield farming.

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.
• 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
• D/Bond — Decentralized derivatives

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

• 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

• Aampe — AI-driven CRM Marketing Automation. Create personalized, omni-channel customer experiences that increase customer engagement and retention.
• ClearFeed — Conversational Support Platform on Slack
• Induced AI — Induced AI works to automate browser tasks. It runs a cloud to complete manual tasks on a browser with human-like reasoning capabilities.

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

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

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

• GRVT — Trade on the next-gen hybrid derivatives exchange 100% self-custody. 0% counterparty risk. Traditional finance meets the power of blockchain.
• Percent — Unlock private credit investments with Percent. Access alternative investments on the platform powering the future of private markets.
• Blue Ocean Gear — Blue Ocean Gear designs and builds GPS tracking buoys capable of surviving the brutal operational demands of the modern fixed gear fisher. Our patented SmartBuoy product suite allows fishers, aquaculture farmers and ocean scientists to track and monitor data from their gear anytime and anywhere, enhancing operational efficiency and profitability byreducing fuel costs and lost gear while gaining previously unavailable insights into the local ocean conditions. Our 'IoT for the oceans' also directly address the environmental impacts of lost gear and entanglements.

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.