Best Alternative Lending Companies in Malaysia
The 44 best Alternative Lending companies in Malaysia in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: CapBay.
- Switzerland Alternative Lending Market Databook 2025-2029
Ranked: Best Alternative Lending companies in Malaysia
| # | Company | Disclosed funding | Last round | Stage | Founder | Founded | Tech stack | Recent signals |
|---|---|---|---|---|---|---|---|---|
| 1 | CapBay Provider of AI-based P2P marketplace for supply chain financing solutions | $28M | 56 mo ago | Series A | Darrel Ang Co-Founder & BDO | 2016 | Apple iCloud MailGoogle WorkspaceEmotion+17 | 1 partnership |
| 2 | Paywatch Developer of an online marketplace for payday loans | $14M | 9 mo ago | Series A | Richard Kim Co-Founder & CEO | 2018 | Tailwind CSSAzure Front DoorAzure+16 | — |
| 3 | iMoney Group Comparison platform of financial products | $6M | 143 mo ago | Acquired | See Hun CEO | 2012 | — | — |
| 4 | iMoney Financial products comparison platform | $6M | 143 mo ago | Acquired | — | 2012 | WordPressMySQLPHP+34 | — |
| 5 | Fundaztic Developer of a P2B lending platform for SMEs | $4M | 44 mo ago | Series A | — | 2016 | WordPressMySQLPHP+21 | — |
| 6 | Microleap P2P platform for business loans | $4M | 67 mo ago | Series A | Tunku Mudzaffar Founder & CEO | 2018 | WordPressMySQLPHP+26 | 1 expansion |
| 7 | Payd Provider of an online platform for on demand pay | $2M | 18 mo ago | Seed | Darvesh Daswani Co-Founder & CEO | 2020 | WordPress Block EditorwpBakeryWordPress+35 | — |
| 8 | DAX Venture Software for lending | $1M | 88 mo ago | Seed | Chang Chew Soon Co-Founder | 2018 | — | — |
| 9 | MADCash | $1M | 34 mo ago | Seed | Musyrifah Malek Co-Founder & COO | 2020 | WordPressMySQLPHP+25 | 1 partnership |
Top 12 Alternative Lending companies in Malaysia
#1
Series A · Kuala Lumpur, Federal Territory of Kuala Lumpur · founded 2018 · 32 employees$14.3Mraised▾
Developer of an online marketplace for payday loans. It enables employees to access earned wages by partnering with financial institutions. It lets users add the required details and register on the platform. Users can request loans based on their accumulated wages. Once approved, the funds are transferred to the registered bank account.
- Nov 2025Series A$20M
- Feb 2023Seed—
- Dec 2022Seed$9M
- Jan 2022Seed$5.3M
#2
Seed · Kuala Lumpur, Federal Territory of Kuala Lumpur · founded 2020 · 15 employees$1.7Mraised▾
Provider of an online platform for on-demand pay. It provides users with a platform that offers a solution for employees to request earned wages before payday. It partners with employers to integrate with the payroll system for verifying and disbursing loans. The application is available on the Android and iOS platforms.
- Feb 2025Seed$400K
- Nov 2024Seed—
- Apr 2022Seed$1.7M
#3
Series A · Petaling Jaya, Selangor · founded 2016 · 99 employees$27.5Mraised▾
Provider of AI-based P2P marketplace for supply chain financing solutions. It provides users with a platform connecting individual investors, businesses, and institutional investors for invoice financing. Users can obtain customized financing options by providing unpaid invoices as collateral. It uses artificial intelligence technology for matching borrowers with lenders.
- Dec 2021Series A$7M
- Jan 2021Series A$20M
- Sep 2017Seed$500K
#4
Series A · Petaling Jaya, Selangor · founded 2016 · 23 employees$4.4Mraised▾
Developer of a P2B lending platform for SMEs. Its platform lists the fixed period and is considered unsuccessful if less than the stipulated target amount is reached. It does not charge penalties and features a low minimum amount for investment.
- Nov 2022Series A$3.7M
- Oct 2018Seed$722K
#5
Seed · Kuala Lumpur, Federal Territory of Kuala Lumpur · founded 2020$1.1Mraised▾
- Oct 2023Seed$1.1M
#6
Series A · Petaling Jaya, Selangor · founded 2018$3.8Mraised▾
Microleap is a P2P platform for business loans. It connects businesses with multiple individual & institutional investors for raising funds. It also provides insurance to businesses.
- Jan 2021Series A$3.3M
- May 2020Seed$460K
#7
Acquired · Kuala Lumpur, Federal Territory of Kuala Lumpur · founded 2012 · 58 employees$6.5Mraised▾
iMoney provides a comparison platform for financial products. It enables users to compare products such as consumer loans, mortgage loans, credit cards, insurance, savings & current accounts, and more. It provides rates on the basis of preferences.
- Sep 2014Series B$4M
- Oct 2013Series A$2M
- Jun 2013Grant (prize money)$155.1K
- Jun 2013Seed$500K
#8
Acquired · Kuala Lumpur, Federal Territory of Kuala Lumpur · founded 2012 · 23 employees$6.5Mraised▾
iMoney is a financial product comparison platform. Users can search and compare credit cards, debit cards, personal loans, small business loans, and Islamic financing products. Users can also compare Islamic fixed deposits, savings accounts, investment products, and broadband plans.
- Sep 2014Series B$4M
- Oct 2013Series A$2M
- Jun 2013Seed$500K
#9
Seed · Petaling Jaya, Selangor · founded 2018$1.2Mraised▾
Software for lending. It offers a solution that enables businesses to digitize the lending processes. It enables users to apply for personal loans, home rental deposit loans, and renovation loans. It offers real-time credit assessment for informed decisions.
- Apr 2019Seed$1.2M
#10
Public · Kuala Lumpur, Federal Territory of Kuala Lumpur · founded 2014 · 569 employees—raised▾
Provider of risk management and business consulting services
- Apr 2023Post IPO—
#11
Seed · Kuala Lumpur, Federal Territory of Kuala Lumpur · founded 2019—raised▾
Provider of point of sale financing solutions. It is a fintech company that offers a buy now pay later (BNPL) service, enabling customers to make purchases and pay in installments. The platform provides a unified payment gateway for multiple transactions and supports easy transactions through mobile devices. This payment solution aims to enhance the shopping experience and digitize business operations, allowing customers to make purchases and repayments in a convenient and flexible manner.
- Mar 2023Grant (prize money)—
- Aug 2021Seed—
#12
Seed · Petaling Jaya, Selangor · founded 2019 · 6 employees—raised▾
Digital mortgage crowdlending platform. It helps underserved millennials by using a holistic data-driven credit scoring that grants them access to a peer-to-peer (P2P) lending platform for mortgage loans. The platform streamlines the mortgage application processes online, using data-driven decision-making. It enables individuals and institutional investors to invest in HomeCrowd fractional mortgage for fixed and impact returns.
- Nov 2019Seed—
Funding & investor landscape
Notable founders
Market landscape — 10 sub-themes by coverage
Share of Alternative Lending coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
Common questions
Rohit lives in the feed. He covers what's moving right now — the funding rounds, launches and shifts breaking across the trade press — and ties them back to where the sector is heading.