Best Banking Tech Companies in Malaysia
The 42 best Banking Tech companies in Malaysia in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: JurisTech.
- IDC
Our analysis of 50 Banking Tech companies
$7.7b in tracked funding; 98% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2025.
Ranked: Best Banking Tech companies in Malaysia
| # | Company | Disclosed funding | Last round | Stage | Founder | Founded | Tech stack | Recent signals |
|---|---|---|---|---|---|---|---|---|
| 1 | JurisTech Provider of AI-powered lending and debt recovery software solutions | $49M | 54 mo ago | Series C | See Hun Co-Founder & CEO | 1997 | WordPressZohoMySQL+28 | 1 award |
| 2 | Jirnexu Customer engagement solutions for banks | $28M | 92 mo ago | Series B | James Wong Co-Founder & Director & CBDO | 2012 | Apple iCloud MailGoogle WorkspaceAmazon Web Services+7 | — |
| 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 | IIMMPACT API-based payments and financial data aggregation solutions | $2M | 54 mo ago | Seed | Alex Tan CEO | 2017 | Node.jsReactNext.js+8 | — |
| 6 | Boost Bank Commercial bank | $796K | 28 mo ago | Seed | Fozia Amanulla CEO | 2023 | DrupalApple iCloud MailMicrosoft 365+23 | — |
| 7 | NCore Systems Electronic banking solution provider. | $570K | — | Seed | Nicholas See CEO | 2007 | — | — |
| 8 | Finology Provider of API-driven digital lending and insurance solutions | $500K | 35 mo ago | Seed | Jared Ern Co-Founder & Director | 2010 | Node.jsAnimate.cssEmotion+15 | — |
| 9 | Hada DBank Islamic bank based on blockchain technology | $500K | 102 mo ago | Deadpooled | Mohd Al Shazanous Mohd Bakar Co-Founder & CFO | 2017 | — | — |
| 10 | CTOS Digital Provider of risk management and business consulting services | — | 40 mo ago | Public | — | 2014 | WordPressVisual ComposerMySQL+17 | — |
| 11 | Silverlake Axis Fintech solutions provider | — | 161 mo ago | Public | Goh Peng Ooi Founder | 1989 | PleskJavaYouTube+17 | — |
Top 11 Banking Tech companies in Malaysia
#1
Seed · Kuala Lumpur, Federal Territory of Kuala Lumpur · founded 2023$796.2Kraised▾
Commercial bank
- Apr 2024Seed$796.2K
#2
Seed · Kuala Lumpur, Federal Territory of Kuala Lumpur · founded 2010$500Kraised▾
Provider of API-driven digital lending and insurance solutions. It offers embedded, seamless end-to-end experiences for instant loan approvals and insurance purchases and claims processing. Additionally, it provides AI-powered solutions to transform customer engagement and a marketplace to promote financial products. These solutions are designed for banking, property, automotive, and insurance industries, as well as digital players.
- Sep 2023Seed—
- May 2021Seed$500K
- Dec 2018Grant (prize money)$12.3K
- Apr 2015Angel$492.6K
#3
Series C · Kuala Lumpur, Federal Territory of Kuala Lumpur · founded 1997 · 216 employees$49.1Mraised▾
Provider of AI-powered lending and debt recovery software solutions. It offers a suite of products encompassing digital onboarding, loan origination, credit administration, and collection management tools. These solutions leverage artificial intelligence for automated decision-making and improved efficiency throughout the lending lifecycle. The software also includes features for managing customer interactions, automating workflows, and optimizing recovery rates. The platform is designed to streamline processes and enhance the customer experience for financial institutions.
- Feb 2022Series C$49.1M
#4
Series B · Kuala Lumpur, Federal Territory of Kuala Lumpur · founded 2012 · 102 employees$27.5Mraised▾
Customer engagement solutions to banks. It offers mobile-first campaigns and end-to-end customer lifecycle solutions. It also provides digital marketing and inbound/outbound sales to online lead conversion. It serves banking, insurance, telecommunications, and e-commerce industries.
- Dec 2018Series B$10M
- May 2018Series B$11M
- Oct 2017Series A$2M
- Mar 2017Series A$1.5M
#5
Seed · Kuala Lumpur, Federal Territory of Kuala Lumpur · founded 2017 · 21 employees$2Mraised▾
API-based payments and financial data aggregation solutions. It offers a solution that enables users to aggregate multiple financial data including bank accounts, credit cards, loans data, integration with government services data for automated eKYC and credit scoring models, payments, and more.
- Feb 2022Seed$2M
- Apr 2020Seed$46.4K
- May 2019Seed$52.6K
#6
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
#7
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
#8
Deadpooled · Kuala Lumpur, Federal Territory of Kuala Lumpur · founded 2017$500Kraised▾
Hada Dbank is developing a digital Islamic banking platform based on blockchain technology. Claims to offer loans with 0% interest rate, 0% fee on exchange transactions, 10% minimum investment return, 5% savings return per annum and no withdrawal fee. Provides a personal financial management virtual assistant and a personal financial advisor. The platform is powered by HADACoin.
- Feb 2018Seed$500K
#9
Seed · Kuala Lumpur, Federal Territory of Kuala Lumpur · founded 2007 · 30 employees$570Kraised▾
NCore provides electronic delivery channel products to banks to extend their customer touchpoints. Its electronic banking product family encompasses multi touch point banking services such as the internet, mobile and phone banking delivery channels.The NCore electronic banking platform, VirtuaBanker allows Banks to extend its fee-based revenue streams by facilitating both local and international payment / fund transfer transactions. These transfer transaction types allow Banks to expand on their e-commerce and traditional branch based business. The VirtuaRemit Product allows remittance players to 1) disintermediate global MTOs, 2) empower banks to establish direct bilateral remittance links with remittance partners, 3) support the entire remittance value chain from origination, integration to distribution.
- Seed$570K
#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
Public · Petaling Jaya, Selangor · founded 1989 · 2145 employees—raised▾
Silverlake Axis provides fintech solutions. The company offers Silverlake Axis Integrated Banking Solution which is a core banking software. The company also offers a SaaS insurance solution that communicates, transacts and manages insurance claims, policy sales and administration. Also offers solutions for logistics, government and retail industries.
Funding & investor landscape
Notable founders
Market landscape — 10 sub-themes by coverage
Share of Banking Tech coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
How research on Fintech is moving in Malaysia
A read on the academic research around Fintech — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 296 Malaysia-affiliated papers.
- Universiti Teknologi MARA46
- Multimedia University29
- Northern University of Malaysia24
- University of Malaya22
- International Islamic University Malaysia18
- Financial services7
- Big data5
- Moderation3
- Structural equation modeling3
- Key (lock)3
- Financial services1→54
- Marketing1→6
- Service (business)1→4
- China1→4
- Financial services2→25
Where fintech is researched across Malaysia
Location clusters by institution affiliation — each city's volume, stance tone, and a quick read on its hot topic, what's advancing, the opening opportunity, and the main concern.
Common questions
Riya reads income statements for fun. She covers the real money in a sector — revenue, growth, who actually earns — and never met a vague claim she didn't want a number for.