Zac Liew, the Co-founder and CEO of Curlec by Razorpay, has stepped down after seven years of leading the Malaysian fintech company.

Since founding Curlec in 2018, Zac has played a key role in its growth from a startup to a major player in Malaysia’s fintech sector.

Angad Dhindsa, Razorpay’s Head of Southeast Asia, has been appointed interim leader while the search for a permanent successor is underway.

Dhindsa will collaborate with the local team to ensure continuity and further the company’s growth.

The company now serves over 3,000 businesses, simplifying digital payment processes and helping local enterprises thrive.

Curlec was acquired by Razorpay in 2022, further expanding its offerings to include payment gateway services, no-code tools, and automated payouts.

Shashank Kumar, Managing Director and Co-founder of Razorpay said,

“It’s been a privilege to be working directly with such an enigmatic leader. Under Zac’s leadership, Curlec has transformed the fintech landscape in Malaysia, serving over 3,000 local businesses. During this time, Curlec also became a member of PayNet, further strengthening its position in the industry.

As we continue to build on his legacy, Razorpay remains deeply committed to supporting businesses in Malaysia and Southeast Asia with cutting-edge financial solutions that foster growth and innovation.”

Zac added,

“Building Curlec has been the journey of a lifetime. When I first started the company alongside my Co-founder, Steve Kucia, our vision was to redefine how businesses collect online payments in Malaysia.

Today, I am proud to see that vision realised and integrated into a larger ecosystem with Razorpay. I can confidently say Curlec is in capable hands, and the company will continue to thrive, supported by Razorpay’s strategic guidance as it enters this new phase of growth.”

Featured image credit: Edited from Freepik