HelloGold and Curlec announced today that they will be joining forces to automate monthly investments for HelloGold’s customers. Curlec’s Direct Debit solution will be deployed for HelloGold’s SmartSave program; a program that enables its users to buy gold at the lowest daily price based on their financial goals.

“The partnership with HelloGold is an affirmation of our ongoing commitment to revolutionise the way businesses and consumers approach financial services. The importance of having sufficient savings within a tough economic environment is a key driver as to why HelloGold with Curlec’s Direct Debit payment solution will help Malaysians to easily save gold via a secure and disciplined manner,” said Zac
Liew, Co-founder and CEO of Curlec.

Acting as an intermediary between a business and their bank, the software built by the Curlec team is aimed at replacing the old paper based Direct Debit method with an easy-to-use cloud based solution. The startup recently raised their seed round with Captii Ventures.

Speaking about the collaboration, Co-Founder Ridwan Abdullah of HelloGold said,

“In our continuous effort to promote a stronger savings culture with all Malaysians, we are delighted to partner up with Curlec on this initiative.”

“With this new digital infrastructure, HelloGold will not only improve our savings product to customers, the partnership will also streamline payment processes with the direct connection into Curlec, allowing customers to easily set up and manage their direct debit payment amounts on the system.”

Both startups were part of the Supercharger Fintech Accelerator’s 2018 cohort.