Cashku, a Malaysian digital financial planning platform, has raised RM10 million in a strategic investment round led by prominent investors.
This includes Tunku Zain Al-‘Abidin Tuanku Muhriz, former Securities Commission chairman Datuk Ali Abdul Kadir, 1337 Ventures led by Bikesh Lakhmichand, and seasoned private equity professionals from the United Kingdom.
The funding will support Cashku’s expansion across Malaysia, enabling it to scale its platform that combines financial planning and execution.
Users can consolidate unit trust portfolios, managed funds, and a retirement plan in a single place, while also accessing goal-setting tools and advisory features.
The company says it aims to address a gap in Malaysia by providing both digital financial planning and execution in one platform.
It is also preparing for a Series A raise, with plans to deepen product capabilities, expand its nationwide reach, and form new partnerships.
Raevendren Ramachandran, Co-founder and CEO of Cashku, said,
“We are honoured to have the trust of such highly respected investors. Their belief in our mission strengthens our resolve to bring financial planning to every Malaysian—regardless of their income level or financial literacy. Our mission truly is to ensure every Malaysian has a financial plan in place and help them execute it, thereby empowering them on their path to financial freedom.
This strategic support enables us to enhance our technology, scale our outreach, and continue building a trusted, advisor-led platform for financial empowerment. We’re not just building an app—we’re building a movement that redefines how Malaysians engage with money.”
Featured image: Edited by Fintech News Malaysia, based on image by awaisbinaziz7862 via Freepik
