List of Fintech Startups and Fintech Companies in Malaysia
This list was extracted from our Fintech Malaysia Report 2021, it is intended to serve as a comprehensive list of fintech companies and startups operating in Malaysia.
This list last updated on 27th April 2021
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PAYMENTS
2C2P




2C2P is a payment service provider headquartered in Singapore and based across South East Asian countries including Malaysia.
ANYPAY

Anypay is a digital payments platform for bill payments and mobile reloads.
APPPAY
Founded: 2017 | 
AppPay empowers commerce through mobile payments, mobile commerce and rewards & loyalty programmes.
ASIAPAY
Founded: 2000| 



AsiaPay is an accredited payment processor and payment gateway solution vendor for banks. It is headquarter in Hong Kong and operates in several South East Asian countries including Malaysia.
BILLPLZ
Founded 2012 | 


Billplz is a cash solution to send bills and collect payments in real-time
CURLEC
Founded: 2017| 


Curlec is a fintech that makes it easy for businesses of all sizes to collect recurring payments.
FASSPAY



Fasspay is a subsdiary of Softspace, it is primarily a mobile payment services provider equipping businesses with card acceptance capabilities.
FAVE
Founded: 2015| 


FavePay is operated a by Fave a deals and promo service provide previously known as Groupon. It functions as a payment aggregrator to allow for merchants to accept various payment methods
FINEXUS
Founded: 2000| 


Finexus is a regulated e-money issuer and merchant acquirer providing a wide range of solutions
FIRSDATA

First Data provides card processing solutions, it is part of the Fiserv group
GHL SYSTEMS BERHAD
Founded: 1997 | 


GHL provides integrated end-to-end payment solutions encompassing physical and virtual network
IPAY88
Founded: 2006 | 


Owned by NTT Data iPay88 is a Payment Gateway Provider in South East Asia transactions of RM 30 Million and over 10,000 merchants
IPAYLINKS
Founded: 2015 | 

iPayLinks is primarily involved with payment settlement solutions, mobile payments solutions, and development of e-payment technology
MCPAYMENT
Founded: 2005| 


Mobile Credit Payment is an epayment company works with acquiring banks and solution providers to offer merchants a secure and compliant processing platform.
MOBILE MONEY

Mobile Money provides a fully integrated system for users to make payment and transfer money
MOBILITY ONE

Mobility one is a payments service provider offering payments terminals, mobile payments app, and enterprise payments solutions
MOBIVERSA
Founded: 2015 | 


Mobiversa provides MPOS solutions to SME and Micro Businesses
MOBIEDGE
Founded: 2015| 


Mobiedge is a merchant acquirer that provides a reward’s and loyalty system
MANAGEPAY SYSTEMS BERHAD
Founded: 2000 |


ManagePay Systems Berhad (“MPay”) is a provider of end-to-end electronic payment (“e-Payment”) solutions for banks and financial institutions, merchants and card issuers with operations in Malaysia.
OZOPAY

Ozopay is an e-commerce payment solution enabler that authorizes credit / debit card and online banking payment transactions for e-commerce merchants.
PAYHALAL
Founded: | 

Payhalal describes itself as a shariah compliant payment gateway
PAYDIBS
Founded 2010| 


Paydibs is a fintech company specializes in payment processing technology and solution for both online and brick and mortar merchant customers
PAYPAL
Founded: 1998| 



Paypal is a digital payment platform to help individuals and businesses get paid. Its Malaysia Global Operations Center opened in in 2011.
PAYMATIC
Founded: 2017| 


Paymatic provides digital cheque solutions
REVENUE MONSTER
Founded: 2000 | 


Revenue Monster is a fintech company whose focus is to build the solution for merchants to collect through all popular mobile payment channels such as Wechat Pay
REVPAY


RevPay provides solutions to enable online merchants to accept payment
SENANGPAY
Founded 2015 | 

senangPay is an Online Payment Gateway that enables merchant to receive and collect payments from customer through Credit Cards, Debit Cards and Internet Banking (FPX).
SINOPAY
Sinopay primarily serves China’s UnionPay as a merchant acquirer
STRIPE
Founded: 2010| 


Stripe enables internet companies to receive payments
SOFT SPACE
Founded: 2012 | 

Soft Space is a digital payments company that focuses on the development of solutions for the e-banking and payment industry. Soft Space was amongst the first companies to introduce MPOS to the market.
SONIC BOOM


Sonicboom offers payments solutions for self-service devices like vending machines, ordering kiosks and parking auto-pay machines.
TOYYIBPAY
Founded: | 

ToyyibPay operates an online payment gateway
UPAY


UPay provides online payments solution for e-commerce merchants
WIRECARD




Wirecard is a global payments company offering end-to-end payments solution.
WEBCASH



Webcash enables cashless transactions for B2B, B2C and P2P payments.
WHALET
Founded: 2005|
Whalet provides payment gateway services and welfare management services
WALLETS
1PAY
1pay is an e-wallet operated by the 1 Utama shopping mall
ALIPAY
Founded: 2014| 


Alipay, or Zhifubao in Chinese, is a third-party mobile and online payment platform. It recently expanded into Malaysia through partnerships with Maybank and CIMB bank. Alipay worked with Touch ‘n Go to jointly launch Touch ‘n Go eWallet
AEON



AEON wallet enables its customers to make mobile QR payments across the AEON retail network.
BOOST

Boost is an e-wallet operated by telco player Axiata Group that enables payments to merchant using QR Codes
BIGPAY




BigPay is a e-wallet that comes with a pre-paid Mastercard. It is part of the Air Asia group.
GRABPAY



GrabPay is an e-wallet operated by the South East Asian ride-hailing giant Grab
GOPAY
GoPay is an e-wallet that enables bill payments
GoPayzMY

GoPayz is telco operator U-mobiles e-wallet which also provides micro-insurance, currency exchange and investments
GKASH
Gkash eWallet is a digital wallet app that allows User to store e-money for electronic transaction. It provides a convenient and secure way of making cashless payments.
HOTWALLET


HotWallet is a mobile wallet that enables QR payments to merchants and e-payments
IPAYEASY

iPayEasy is an e-wallet operated by myEG
KEDAH PAY



KedahPay is an e-wallet operated by the Kedah state government
KIPLE



Kiple is a mobile wallet operated by Webonline DotCom that enables P2P payments and merchant payments
LAZADA WALLET




Lazada Wallet is a closed-loop mobile wallet operated by e-commerce site Lazada.
MCASH


MCash is an e-wallet operated by MRuncit Sdn Bhd
MERCHANTRADE MONEY



Merchantrade Money is a multi-currency wallet that comes with a pre-paid Visa card. It is operated by Merchantrade one of Malaysia’s largest money changing service provider
MPAY

Mpay is an e-wallet wallet operated by Manage Pay.
MYDIN



MYDIN e-wallet is an e-wallet operated by supermarket Mydin
MYMY



MyMy is an early stage fintech company aiming to model itself after neo-banks like Monzo and Revolut
PAYFO


Payfo is an e-wallet operated by Percetakan Nasional Berhad
PAYDY

Paydy is an e-wallet that operates primarily in Sabah
PRIMEKEEPER


PrimeKeeper is a fintech startup operating a digital wallet, they are currently working with Putrajaya Corporation to make the administrative city cashless.
PRESTO


Presto is a digital wallet operated by public listed company PUC Berhad.
QBAYAR

Info unavailable beyond the fact that it is a licensed e-money issuer
QBPAY

qbpay is an e-wallet operated by JuruQuest
RAZER PAY



Razerpay is a digital wallet operated by gaming group Razer. It recently acquired a 100% stake MOLPay fast tracking it to be available is 7-Eleven outlets
SETEL

Setel is a e-wallet operated by Petronas that enables payments Petronas’ petrol station
SAMSUNG PAY




Samsung Pay is a HCE mobile wallet operated by Samsung currently partnering with CIMB Bank, Maybank, RHB Bank, Citibank and Standard Chartered Bank
SARAWAK PAY


Sarawak Pay is the official Sarawak Government e-wallet for users to make digital payment for bills and purchases via their mobile phone
SHOPEE PAY

ShopeePay is Shopee’s new official e-wallet
TAPAY


TaPay is a digital wallet operated by Fullrich Sdn Bhd
TOUCH’N GO E-WALLET
Founded: 1997 | 

Touch ‘n Go, a subsidiary of CIMB Bank is the most widely used stored valued card for public transporation. Its e-wallet arm TNG digital is a joint venture between Touch ‘n Go and Alipay
UCHATPAY


UChatPay is an e-wallet in the UChat app.
XOX MOBILE



XOX is a MNVO telco company with an e-wallet
WECHAT PAY


WeChat Pay is a mobile wallet operated by popular Chinese messaging app WeChat
VIRCLE

Vircle (short for Visible Circle) is a fin-tech solution that enables consumers to create communities of controlled cashless commerce with focus on health and well being of society.
BLOCKCHAIN/CRYPTO
BLOCKLIME



Blocklime provides blockchain development and services
BESC



BESC enables corporates to track energy consumption on the blockchain
CHAINTOPE



Chaintope Malaysia is specialized in blockchain technology.
COINGECKO



CoinGecko provides a fundamental analysis of the crypto market.
ETHERSCAN


Etherscan is a Block Explorer and Analytics Platform for Ethereum, a decentralized smart contracts platform.
HELLOGOLD




HelloGold blends gold trading with blockchain technologies. Its app allows for customers to buy and sell physical gold for a minimum price of RM 1
LUNO




Luno is a cryptocurrency exchange regulated by the Securities Commission Malaysia
LUX TAG



LuxTag provides digitized certificates of authenticity on a blockchain powered by NEM
NEM




NEM is a Smart Asset Blockchain which delivers a platform for almost any kind of assets which includes; currencies, supply chains, notarizations, ownership records and more
NEUROWARE



Neuroware helps organisations future proof themselves by defining new opportunities by adoption blockchain technologies. They recently completed a pilot project with Securities Commission Malaysia to put OTC trades on the blockchain
PROXIMAX



ProximaX describes itself as next-generation Integrated and Distributed Ledger Technology (“IaDLT”) infrastructure development platform powered by blockchain technology.
REGOV



ReGov Technologies provides blockchain solutions and Hyperledger training
SINEGY




Sinegy is a cryptocurrency exchange that received a conditional approval from Securities Commission Malaysia
TOKENIZE



Tokenize is a cryptocurrency exchange is a cryptocurrency exchange that received a conditional approval from Securities Commission Malaysia
CROWDFUNDING
ATA PLUS



ATA Plus is a crowdfunding platform approved under the Securities Commission of Malaysia
CROWDO



Crowdo is a crowdfunding platform approved under the Securities Commission of Malaysia
CROWDPLUS




Crowdplus is a crowdfunding platform approved under the Securities Commission of Malaysia
EUREECA



Eureeca is a crowdfunding platform approved under the Securities Commission of Malaysia
ETHIS

Ethis is a crowdfunding platform approved under the Securities Commission of Malaysia
FUNDEDBYME



Funded by Me is a crowdfunding platform approved under the Securities Commission of Malaysia
FUNDNEL



Fundnel is a crowdfunding platform approved under the Securities Commission of Malaysia
LEET CAPITAL
LEET Capital is a crowdfunding platform approved under the Securities Commission of Malaysia
MYSTARTR
Mystartr is a crowdfunding platform approved under the Securities Commission of Malaysia
PITCHIN



pitchIN is a crowdfunding platform approved under the Securities Commission of Malaysia
UMADX


Umadx is a rewards based crowdfunding website
FUNDMYHOME


FundMyHome is a property crowdfunding platform approved under the Securities Commission of Malaysia
LENDING
ALIXCO



AlixCo is a company approved by Securities Commission as a P2P operator
ASPIRASI


Aspirasi is a digital financing platform for micro and SME businesses operated by Axiata Digital
B2B FINPAL


B2B FinPal is is a company approved by Securities Commission as a P2P operator
CAPITALBAY



CapitalBay is a company approved by Securities Commission as a P2P operator
CAPSPHERE

CapSphere is is a company approved by Securities Commission as a P2P operator
CASHWAGON




Cashwagon is digital money lending company licensed under the Ministry of Housing and Local Government
CO-FUNDR

CapSphere is a company approved by Securities Commission as a P2P operator
DIRECT LENDING




Direct Lending is an online personal lending platform for civil servants.
FUNDAZTIC




Fundaztic is a company approved by Securities Commission as a P2P operator
FUNDING SOCIETIES



Funding Societies is a company approved by Securities Commission as a P2P operator
GOODKREDIT


GoodKredit is a micro-loan app that comes with an e-wallet
MICROLEAP



microLEAP is a company approved by Securities Commission as a P2P operator
MONEYSAVE
microLEAP is a company approved by Securities Commission as a P2P operator
NUSA KAPITAL

Nusa Kapital is a company approved by Securities Commission as a P2P operator
QUICKASH


QuicKash is a company approved by Securities Commission as a P2P operator
KYC/REGTECH
AUDITXPRT


AuditXPRT describes itself as an AI based regtech solution for automated compliance
CAPNOVUM



Capnovum’s cognitive compliance management platform provides an up-to-date repository of regulations, obligations and regulatory news; that lets financial institutions manage compliance and resource utilisation across jurisdictions.
CTOS DATA SYSTEM


CTOS is Malaysia’s leading Credit Reporting Agency with eKYC solutions
EZMCOM




EZMCOM is a security access provider that can be deployed to protect users, data, and applications from credential theft, account takeover and breaches.
EXPERIAN



Experian is a global data company with eKYC solutions
INNOV8TIF




Innov8tif is a technology company that was conceived to simplify processes, increase efficiency and improve the profitability of its clients with a specific focus in KYC and customer onboarding
ONFIDO



Onfido helps financial services businesses verify their users, and users to access the online products & services.
PULSE ID


Pulse iD is an identity platform that uses geolocation data to unlock security, loyalty & identity services to banks, telcos & media clients
SOLUS



Solus provides authentication and verification solutions through behavioural biometrics and iris recognition
TM ONE

A subsidiary of the national telco company Telekom, TM ONE provides a range of digital solutions which includes e-KYC
XENDITY


Xendity an e-KYC company that provides solutions for digital onboarding and use authentication
INSURTECH
BOOKDOC




BookDoc’s Corporate platform provides companies with data analytics that reduce employee’s healthcare cost, increase productivity, and employee engagement. The company recently made partnerships with AXA Affin life
CSE




CSE provides insurance telematics to enable usage based insurance
CHUMUMP MALAYSIA

ChumUp is a insurance policy aggregation platform that assists you to keep track and manage insurance policy effectively
DRAVA
DraVA is a Malaysian insurtech app that is designed as a tool for drivers to improve their driving habits by providing feedback after every trip made.
DOCTORONCALL



DoctorOnCall.com.my is a Digital Health platform which connects Patients to their Healthcare needs. They’ve made partnership with the likes of Prudential
FI LIFE



Fi Life Sdn Bhd, (formerly known as U For Life) is an Insurtech company launched in 2015, the company has insured over RM 600 million.
FATBERRY


FatBerry is an online marketplace that offers a range of insurance products.
GOINSURANS


GoInsurans is an online marketplace dedicated to life insurance.
KATSANA




Katsana develops connected car technologies for usage based insurance and to reduce motor claims using behaviour data
LAKA



Laka offers bicycle insurance powered by community
NALURI




Naluri digital therapeutics combining behavioural science, data science and digital design to build the mental resilience. It recently made partnerships with a local insurance company to enable proactive health management for policy holders.
OUCH!



Ouch is an digital insurance marketplace
POLICY STREET




PolicyStreet sells a wide range of curated and simple insurance policies. It offers insurances products for common consumer needs such as travel, dental and personal accidents as well as niche ones such as musical instruments, photography gear and pets.
SENANG INSURANCE


Senang, an API focused insurance platform targetted at helping SMEs get insured
SMARTGENIE


SmartGenie describes itself as Malaysia based Digital Insurance Vault
VSURE



Vsure offers on demand lifestyle insurance
DATA / ARTIFICIAL INTELLIGENCE
CTOS DATA SYSTEM


CTOS is Malaysia’s leading Credit Reporting Agency. It provides individuals with personal credit reports and businesses with a comprehensive online system that allows them to manage their business credit risk via credit checks, customer monitoring and trade references.
EXPERIAN



Experian® is a global information services company, providing data & analytical tools.
GFI
The General Financial Insights (GFI) is a credit risk assessment system that applies both psychometrics and behavioural sciences to estimate the risk that an individual will default on a loan.
GOALS 101


Goals 101 provides an Artificial Intelligence and Machine Learning platform that analysis card spent data and predicts customer purchase behavior. It enables brands to provide offers to a hyper targeted set of customers based on their past purchase behavior.
INVINITY


Invinity Group Berhad provides various AI powered solutions for FSIs
MOBYLIZE



Mobylize offers free credit reports to consumers
MYFINB



MyFinB uses their propriertary Natural Language Generation platform to transform financial data to insights to help companies make better financial decisions
PAND.AI


Pand.ai develops AI enabled chatbots for financial services using NLP and contextual memory
MARKETPLACE
COMPARE HERO


CompareHero is a comparison site for credit cards and personal loans
IBANDING


iBanding is a comparison site for insurance
IMONEY




iMoney is a comparison site for credit cards, loans and fixed deposit operating in 6 countries
LOANSTREET
Founded: 2012 | 



Loanstreet is a comparison site focusing on loans and credits cards
MYCASH ONLINE



MyCash is an E-Marketplace for migrants that enables migrants to top-up their mobile phones, purchase bus tickets and make bill payments
RINGGITPLUS




RinggitPlus.com is one of several brands owned and operated by fintech company Jirnexu founded in 2012. Its site compares credit cards, personal loans, insurance plans and mortgage loans
ISLAMIC FINTECH
ETHIS KAPITAL



Ethis Kapital is one of the 6 companies approved by Securities Commission as an Islamic P2P operator
SEDANIA AS-SALAM CAPITAL




As-Sidq™ is an Islamic Financial Tawarruq (Fund-raising) Trading Platform adopted by 20 financial institutions in Malaysia
FINTERRA



Finterra is the cloud based financial service platform designed for you to harness all of your financial power into a seamless, integrated platform, whilst you take advantage of Finterra’s growth
GLOBALSADAQAH


GlobalSadaqah.com is a Charity Crowdfunding platform.
PAYHALAL


Payhalal is a shariah-compliant payments gateway
WAKAFUL


Wakaful uses a Waqf or an Islamic trust to regulate our activities in providing digital financial services to unbanked communities.
PROPTECH
DAX VENTURE


rentDAX’s goal is to make renting easier, safer, and hassle-free for both landlords and tenants by integrating fintech and proptech.
FUNDMYHOME


FundMyHome is a property crowdfunding platform approved under the Securities Commission of Malaysia
IMORTGAGE2U



imortgage2u provides digital mortgage solution to real-estate developers, property, and insurance agencies
LOANPLUS


Loanplus provides a single point loan screening & origination for property developers & real estate agencies.
MHUB


MHub is real-estate fintech platform for property developers, agents and bankers to
connect, communicate and collaborate towards faster, higher conversion. It enables a digital showroom, credit check and loan tracking
MYROPERTYDATA

MyProperty Data is a cloud based end to end process manager facilitating the ordering, management and compliance of a valuation request between a Financier and Valuer.
REMITTANCE/FX
CURRENSEEK


Currenseek is a mobile app that helps user to compare currency exchange rates of money changers
EASYPAY TRANSFER


EasyPay Transfers remittance companies focused on servicing businesses.
EREMIT

eRemit is an online money transfer portal which enables you to transfer money globally. eRemit is a service provided by Merchantrade Asia Sdn Bhd, a licensed Remittance Service Provider.
EFOREX

eForex is an online Foreign Currency Exchange service
MONEYMATCH
Founded 2015 | 



MoneyMatch is the first fintech company to graduate Bank Negara Malaysia Sandbox. The company offers cross border remittance for both corporate and individuals.
INSTAREM




Headquartered in Singapore InstaReM recently expanded their digital remittance services to Malaysia
NUMONI


Numoni offers mobile payments services and remittance.
SUNWAY MONEY


A 100% owned subsidiary of Sunway Berhad offering remittance services
TIKFX


Tik Fx enables money transfer via their mobile app
TRANSFERWISE



TransferWise is an online money transfer service
TRANGLO




Tranglo offers remittance services through 400 banks, 7000 cash pick up outlets and 12 countries in its network
VALYOU



Valyou is a operated by Telenor that enables international transfers, prepaid top-up, bill payments and P2P transfers via their mobile app
WESTERN UNION



Western Union is a cross-border, cross-currency money services
WORLDREMIT




WorldRemit is an online money transfer service
WORLDKOINS




WorldKoins provides mobile app for travelers to convert leftover foreign currencies to various online e-Wallets
TRAVELEX



Travelex is a foreign exchange company that offers online money transfers
WEALTHTECH
ALGEBRA

Algebra is a robo-advisor regulated by LOFSA
BEREEV

Bereev is a legacy planning application.
BUKU 555

An app to help users manage their debt
FUNDSUPERMART.COM


Fundsupermart is an online platform that offers unit trusts, insurance, bonds and managed portfolios.
HELLOGOLD
Founded 2015 | 



HelloGold blends gold trading with blockchain technologies. Its app allows for customers to buy and sell physical gold for a minimum price of RM 1
MONEYLION



Money Lion is a personal finance management app that helps users monitor their credit score, loans, and spending. It also features recommendations to help its users reach their financial goals.
MYTHEO


GAX MD created MYTHEO, a robo-advisor that automatically creates, maintains and optimises your investment portfolio based on your profile and risk appetite.
NEUROPROFILER



Neuroprofiler assesses investment profiles through behavioral finance to improve compliance and client insight
PERFECTSEN



Perfectsen is a fast growing user experience consulting and development house specially for banks and financial institutions.
POD


Pod is a goal-based automated savings app
RAKUTEN TRADE


Rakuten Trade is a fully online stock trading platform
STOCKBIT



Stockbit is a stock market social community and modern platform for stock investor and trader
STASHAWAY



Stashaway is a robo-advisor headquartered in Singapore and operating in Malaysia. They were the first to secure license from local regulators to operate a robo-advisory model.
RAIZ


Raiz Invest is a micro-investing platform that allows you to invest your spare change from everyday purchases.
WAHED INVEST



Wahed is an automated halal investment platform
Submit your FinTech Company
Interested to know more about the fintech landscape in Malaysia? Check out our Fintech Malaysia Report 2021 report here
Other resources you might be interested in:
Curious about other Asian Fintech Startup Directories and lists? Here’s a nice overview page looking at the fintech startups directories in Asia by country.

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