Radar Companies FinTech · Federal Territory of Kuala Lumpur
Radar · FinTech in Federal Territory of Kuala Lumpur

Best FinTech Companies in Federal Territory of Kuala Lumpur, Malaysia

The 247 best FinTech companies in Federal Territory of Kuala Lumpur, Malaysia in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: TNG Digital.

247companies tracked
$509.4Mdisclosed funding
0unicorns
45have raised
FLIAR INTELLIGENCE · FINTECH × FEDERAL TERRITORY OF KUALA LUMPUR

Our analysis of 1,006 FinTech companies

$195.5b in tracked funding; 96% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2025.

1,006companies analysed
96%cloud-native stacks
2025funding peak (by rounds)
124unicorns
2018median founding year
589kcombined LinkedIn audience
74%of audience held by top 3
5companies hiring publicly (12 mo)

Ranked: Best FinTech companies in Federal Territory of Kuala Lumpur

#CompanyDisclosed fundingLast roundEmployeesFounderTech stackWeb popularityRecent signals
1TNG Digital
App-based mobile wallet
$168M46 mo ago352RubyRuby on RailsEnvoy+10Top 100k2 partnerships
2BigPay
Provider of digital wallet services for payments, transfers, and budgeting
$100M58 mo ago208Tony Fernandes
CEO
StoryblokApple iCloud MailGoogle Workspace+16Top 5M
3JurisTech
Provider of AI-powered lending and debt recovery software solutions
$49M51 mo ago216See Hun
Co-Founder & CEO
WordPressZohoMySQL+28Top 5M1 award
4Soft Space
Provider of payment processing solutions for businesses
$36M26 mo ago222Joel Tay
Co-Founder & CEO
WordPressApple iCloud MailMicrosoft 365+21Top 10M1 award
5Beldex
Provider of a blockchain network ecosystem
$28M32 mo ago113Kim Hallend
CEO
BootstrapTwitter AdsUnpkg+15Top 5M
6Jirnexu
Customer engagement solutions for banks
$28M90 mo ago102James Wong
Co-Founder & Director & CBDO
Apple iCloud MailGoogle WorkspaceAmazon Web Services+7Top 10M
7PolicyStreet
Insurance technology platform providing digital insurance solutions
$24M36 mo ago75Wilson Beh
Co-Founder
TypeScriptGoogle CloudZone.js+16Top 1M
8Paywatch
Developer of an online marketplace for payday loans
$14M7 mo ago32Richard Kim
Co-Founder & CEO
Tailwind CSSAzure Front DoorAzure+16Top 5M
9Revenue Monster
SaaS-based payment solutions for businesses
$6M44 mo agoKen Lim
Co-Founder & CEO
Node.jsHeadless UITailwind CSS+13Top 500k2 awards
10iMoney Group
Comparison platform of financial products
$6M140 mo ago58See Hun
CEO
11iMoney
Financial products comparison platform
$6M141 mo ago23WordPressMySQLPHP+34Top 500k
12Ethis
Crowdfunding platform for multiple projects
$5M57 mo agoYousuf Sultan
COO
FirebaseReactReact Router+19Top 5M
13Instapay Technologies
Wallet-enabled money transfer solutions for businesses and individuals
$5M12 mo ago47Sujata Dutta
Co-Founder & Chief Operating Officer
WordPressMySQLPHP+25Top 5M1 expansion
14MoneyMatch
Cross-border money transfer platform
$5M41 mo agoAdrian Yap
CEO
Node.jsMUIReact+17Top 500k
15Hata
Cryptocurrency exchange platform
$4M1 mo agoDavid Low
Co-Founder & CEO
Apple iCloud MailGoogle WorkspaceRuby+11Top 1M3 job openings
16MyMy
Prepaid card and mobile app
$3M68 mo ago38Joe McGuire
Co-Founder & CEO
17VSure
App-based on-demand insurance platform for life and non-life insurances
$3M58 mo ago28Cheryl Lee
Co-Founder/ Finance Business Partner
1 partnership
18Cashku
Wealth management savings platform for retirement and educational needs
$2M9 mo ago10Raevendren Ramachandran
Co-Founder
WordPressPleskMySQL+14Top 50M
19IIMMPACT
API-based payments and financial data aggregation solutions
$2M52 mo ago21Alex Tan
CEO
Node.jsReactNext.js+8Top 50M
20Payd
Provider of an online platform for on demand pay
$2M16 mo ago15Darvesh Daswani
Co-Founder & CEO
WordPress Block EditorwpBakeryWordPress+35Top 5M
21Kakitangan
Online human resource management system
$2M53 mo ago32Ning Wang
Co-Founder
Builder.ioNode.jsRadix UI+23Top 500k
22Ouch
Provider of insurance policy management solutions
$2M20 mo agoShazy Noorazman
CEO
Node.jsFacebook LoginApple Sign-in+19Top 5M
23pitchIN
Reward-based crowdfunding platform for creative projects
$1M28 mo agoSam Shafie
CEO and Co-Founder
RubyVarnishTailwind CSS+15Top 5M
24MADCash$1M32 mo agoMusyrifah Malek
Co-Founder & COO
WordPressMySQLPHP+25Top 5M1 partnership
25Katsana
Provider of web-based fleet management and GPS tracking services
$890K113 mo ago30Tailwind CSSReactGatsby+16Top 500k1 launch · 1 partnership
26Boost Bank
Commercial bank
$796K26 mo agoFozia Amanulla
CEO
DrupalApple iCloud MailMicrosoft 365+23Top 1M1 award
27SimplyGiving
Donation-based crowdfunding platform
$690K67 mo ago5Jeffrey Saw
Co-Founder & Director
Webflow EcommerceWebflowcore-js+14Top 10M
28NCore Systems
Electronic banking solution provider.
$570K30Nicholas See
CEO
29Finology
Provider of API-driven digital lending and insurance solutions
$500K32 mo agoJared Ern
Co-Founder & Director
Node.jsAnimate.cssEmotion+15Top 50M
30Easy Pay Transfers
Cross-border money transfer platform for enterprises
$500K92 mo ago3
31Hada DBank
Islamic bank based on blockchain technology
$500K99 mo agoMohd Al Shazanous Mohd Bakar
Co-Founder & CFO
32Oyen
Online pet health insurance platform
$420K47 mo ago23Michelle Chin
Co-Founder & COO
Webflow EcommerceWebflowAmazon ALB+29Top 5M
33Monsta Infinite
Provider of blockchain-based NFT card game
$406K57 mo ago30Joshua L
Co-Founder
WordPressMySQLPHP+30Top 50M
34Bukku
Cloud-based accounting software for small businesses
$172K63 mo ago5Jye Eng
Co-Founder
Ant DesignAmazon Web Servicesstyled-components+19Top 1M
35Newell Road
Provider of AI-powered market intelligence for business insights and analysis
$110K22 mo agoYusuke Mori
Co-Founder

Top 12 FinTech companies in Federal Territory of Kuala Lumpur

#1
Series A · Kuala Lumpur, Federal Territory of Kuala Lumpur · founded 2023
$4.2Mraised

Cryptocurrency exchange platform. It offers a digital asset platform that offers an online exchange for buying and selling cryptocurrencies with fiat currency. It also provides real-time data, financial news, reports, a stock screener, and an economic calendar.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 12k LinkedIn followers — 2.0% of this cohort's audience
Hiring: 3 hiring posts in 12 mo (public) · momentum +3 · hiring: Junior Quality Assurance Engineer, Customer Support Operations Associate
Funding rounds
  • Apr 2026Series A$8M
  • Oct 2024Seed$4.2M
  • 2024Seed
Founders & team
David LowCo-Founder & CEOKwai ChongCo-Founder & CTO & Chief Innovation OfficerDarien NgCo-Founder & CRO & Chief Strategy Officer
Investors
1337 Ventures, Castle Island Ventures, Cadenza, Bybit, AP Capital, Plug and Play Tech Center
Tech stack
Apple Icloud MailApple Sign-InAstroCloudflareCloudflare Browser InsightsCore-Js
#2
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.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 8k LinkedIn followers
Funding rounds
  • Nov 2025Series A$20M
  • Feb 2023Seed
  • Dec 2022Seed$9M
  • Jan 2022Seed$5.3M
Founders & team
Richard KimCo-Founder & CEOAlex KimCo-Founder & President
Investors
Third Prime, Hana Ventures, Parkwood, Vanderbilt University, University of Illinois System, Gobi Superseed II Fund
Tech stack
Amazon Web ServicesAzureAzure Front DoorCloudflareCloudflare Bot ManagementCore-Js
#3
Series A · Kuala Lumpur, Federal Territory of Kuala Lumpur · founded 2017 · 47 employees
$4.8Mraised

Wallet-enabled money transfer solutions for businesses and individuals. Enabled users to send, receive and transfer funds through app-based platforms. Provides card solutions to access funds for making payments overseas and payroll management solutions.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 3k LinkedIn followers
Activity: 1 expansions announced in 12 mo
Funding rounds
  • Jun 2025Series A$3M
  • Sep 2022Series A$4.8M
Founders & team
Sujata DuttaCo-Founder & Chief Operating OfficerRajnish KumarCo-Founder & CEO
Investors
TOP2, Spiral Ventures Asia Fund I, Daiwa ACA APAC Growth I, ACA Investments
Tech stack
Amazon SesAmazon Web ServicesApache Http ServerAstraComplianzCore-Js
#4
Seed · Kuala Lumpur, Federal Territory of Kuala Lumpur · founded 2017 · 10 employees
$2.4Mraised

Wealth management savings platform for retirement and educational needs

LinkedIn Pulse recent public activity · Jul 2026
Audience: 3k LinkedIn followers
Hiring: 3 hiring posts in 12 mo (public) · momentum -3 · hiring: Fintech Engineer, Backend Engineer (Go)
Funding rounds
  • Aug 2025Seed$2.4M
Founders & team
Raevendren RamachandranCo-FounderAsgari StephensCo-Founder
Investors
1337 Ventures
Tech stack
BootstrapHttp/3JqueryJquery MigrateLitespeedLitespeed Cache
#5
Series B · Kuala Lumpur, Federal Territory of Kuala Lumpur · founded 2012 · 222 employees
$36.5Mraised

Provider of payment processing solutions for businesses. It provides payment gateways, white-label wallets, and POS terminals for accepting online or offline payments. It also facilitates fraud prevention, QR code payments, and e-wallet systems.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 13k LinkedIn followers — 2.3% of this cohort's audience
Activity: 1 awards announced in 12 mo
Funding rounds
  • Mar 2024Series B
  • Apr 2023Series B$31.5M
  • Feb 2022Series B
  • Apr 2018Series B
Founders & team
Joel TayCo-Founder & CEOChang SoonFounder
Investors
RHL Ventures, Transcosmos, JCB, Sumitomo Mitsui Card, GMO Financial Gate, Southern Capital
Tech stack
Amazon Web ServicesAnimate.CssApache Http ServerApple Icloud MailContact Form 7Font Awesome
#6
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.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 10k LinkedIn followers
Funding rounds
  • Feb 2025Seed$400K
  • Nov 2024Seed
  • Apr 2022Seed$1.7M
Founders & team
Darvesh DaswaniCo-Founder & CEO
Investors
Orbit Ventures, IFS Capital, 1982 Ventures, The Hive Southeast Asia, Antler, Delight Capital
Tech stack
Amazon CloudfrontAmazon S3Amazon Web ServicesAnime.JsCloudflareCloudflare Bot Management
#7
Series A · Kuala Lumpur, Federal Territory of Kuala Lumpur · founded 1997 · 352 employees
$168.3Mraised

App-based mobile wallet. Its services include online shopping, travel booking, bill payments, money transfer, toll payments, and QR transit. Users can reload the wallet via online banking, credit or debit cards, or purchase Touch 'n Go Reload PIN (soft pins) at the Customer Experience Centre. It allows users to keep a track of their expenses. The application is available on Android and iOS platforms.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 369k LinkedIn followers — 62.6% of this cohort's audience
Activity: 3 partnerships (incl. Chery Malaysia) announced in 12 mo
Funding rounds
  • Jul 2022Series A$168.3M
  • Jul 2021Unattributed
Investors
Lazada, AIA
Tech stack
Alibaba Cloud CdnCloudflareCloudflare Bot ManagementCore-JsEnvoyGoogle Hosted Libraries
#8
Series B · Kuala Lumpur, Federal Territory of Kuala Lumpur · founded 2017 · 113 employees
$28Mraised

Operator of a privacy-based ecosystem intended for utility on the privacy-preserving decentralized applications. The company's platform offers decentralized privacy-preserving applications that protect user data and identity online in cryptocurrency space, enabling users to restore privacy on the internet.

Founders & team
Kim HallendCEO
Investors
Block Alpha, DWF Labs
Tech stack
AosApache Http ServerAxiosBootstrapCdnjsCloudflare
#9
Seed · Kuala Lumpur, Federal Territory of Kuala Lumpur
$1.5Mraised

Provider of insurance policy management solutions. It allows its users to manage their policies and purchase new policies, pay their insurance premiums, and make claims. Its application is available on Android and IOS platforms.

Founders & team
Shazy NoorazmanCEO
Investors
Vynn Capital, Temokin, PPB Ventures, 1337 Ventures
Tech stack
Apple Sign-InCloudflareCloudflare Browser InsightsCore-JsFacebook LoginFont Awesome
#10
Series A · Kuala Lumpur, Federal Territory of Kuala Lumpur · founded 2017 · 208 employees
$100Mraised

Provider of digital wallet services for payments, transfers, and budgeting. It offers tools for managing finances, including expense tracking and categorization. The platform facilitates local and international money transfers. It also provides options for bill payments and prepaid top-ups.

Funding rounds
  • Aug 2021Series A$100M
Founders & team
Tony FernandesCEO
Investors
SK, RedBeat Ventures
Tech stack
AhrefsApple Icloud MailChakra UiEmotionGodaddyGoogle Analytics
#11
Series B · Kuala Lumpur, Federal Territory of Kuala Lumpur · founded 2016 · 75 employees
$23.7Mraised

Provider of online insurance services intended to democratize the insurance industry. The company's platform curates new products and policies that fit the lifestyle needs of the people, enabling customers to buy the policies directly and avail of all the services.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 19k LinkedIn followers — 3.2% of this cohort's audience
Founders & team
Wilson BehCo-FounderYen Ming LeeCo-Founder & Group CEOWinnie ChuaCo-Founder & CPO
Investors
Khazanah Nasional Berhad, Altara Ventures, Gobi Partners, Spiral Ventures, KK Fund, Auspac
Tech stack
AngularClevertapCore-JsExpressFacebook PixelGodaddy
#12
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.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 29k LinkedIn followers — 4.9% of this cohort's audience
Activity: 1 awards announced in 12 mo
Funding rounds
  • Feb 2022Series C$49.1M
Founders & team
See HunCo-Founder & CEO
Investors
CTOS Digital
Tech stack
Amazon CloudfrontAmazon Web ServicesApache Http ServerAutoptimizeBootstrapCloudflare

Funding & investor landscape

$509.4Mtotal disclosed funding
36companies funded
64disclosed rounds
1rounds last 90 days
Most active investors
1337 Ventures7 rounds
Gobi Partners6 rounds
500 Global5 rounds
Cradle5 rounds
Mavcap4 rounds
RISE4 rounds
ScaleUp Malaysia4 rounds
Asia Venture Group3 rounds
Ino Capital3 rounds
Spiral Ventures3 rounds

Notable founders

David Low
Co-Founder & CEO · Hata
Kwai Chong
Co-Founder & CTO & Chief Innovation Officer · Hata
Richard Kim
Co-Founder & CEO · Paywatch
Alex Kim
Co-Founder & President · Paywatch
Sujata Dutta
Co-Founder & Chief Operating Officer · Instapay Technologies
Rajnish Kumar
Co-Founder & CEO · Instapay Technologies
Raevendren Ramachandran
Co-Founder · Cashku
Asgari Stephens
Co-Founder · Cashku
Joel Tay
Co-Founder & CEO · Soft Space
Chang Soon
Founder · Soft Space
Darvesh Daswani
Co-Founder & CEO · Payd
Kim Hallend
CEO · Beldex
Prism market signals · Malaysia · country-scoped Prism corpus, 398,369 docs

Market landscape — 10 sub-themes by coverage

Share of FinTech coverage by sub-theme.

Regulatory-risk over time rising

Funding & growth over time

funding rising · growth rising

RESEARCH SIGNALS · Malaysia

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.

research sentiment over time
201920232026
enthusiastic · positive · guarded tone
Tone is overwhelmingly optimistic and intensifying — the enthusiastic (strongly-positive) share moved 21% → 34% across 2019–2026.
top research entities
  • Universiti Teknologi MARA46
  • Multimedia University29
  • Northern University of Malaysia24
  • University of Malaya22
  • International Islamic University Malaysia18
leading researchers
Budi Setiawan · Robert Jeyakumar Nathan · Khakan Najaf · Md. Aminul Islam · Nik Hadiyan Nik Azman · Sharina Tajul Urus · Mohamed Mahjoub Dhiaf · Chee Yoong Liew
Breakthroughs21 · 7%
▲ 0%→6% share
0 median citations76% since 2021mostly empirical
Big data research newly emerged with 5 papers, driving Breakthroughs segment from 0% to 6% field-share.
rising sub-themes (early→recent)
  • Financial services7
  • Big data5
  • Moderation3
  • Structural equation modeling3
  • Key (lock)3
Newly emergingBig data 0→5
Landmark VaR and market value of Fintech companies: an analysis and evidence from global data · 50 cites
Advancements121 · 41%
▲ 0%→44% share
0 median citations94% since 2021mostly empirical
Financial services papers surged from 1 to 54, propelling Advancements to 44% field-share in Malaysian fintech.
rising sub-themes (early→recent)
  • Financial services1→54
  • Marketing1→6
  • Service (business)1→4
  • China1→4
Newly emergingFinancial inclusion 0→25 · Financial literacy 0→21 · Islam 0→17
Landmark User Innovativeness and Fintech Adoption in Indonesia · 224 cites
Concerns88 · 30%
▲ 0%→27% share
0 median citations81% since 2021mostly empirical
Islam-related fintech concerns newly emerged with 17 papers as Concerns segment rose from 0% to 27%.
rising sub-themes (early→recent)
  • Financial services2→25
Newly emergingIslam 0→17 · Financial inclusion 0→13 · Payment 0→11
Landmark Perceived Risk Factors Affect Intention To Use FinTech · 63 cites
RESEARCH HOTSPOTS · Malaysia

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.

Kuala Lumpur61 · +0.17
Hot · Financial servicesAdvancing · Big dataOpportunity · Promotion (chess)Concern · Islamic finance
Shah Alam61 · +0.24
Hot · PaymentAdvancing · Financial literacyOpportunity · IslamConcern · Order (exchange)
Malacca36 · +0.16
Hot · Inclusion (mineral)Advancing · Financial literacyOpportunity · Financial inclusion
Petaling Jaya22 · +0.41
Hot · SustainabilityAdvancing · PandemicOpportunity · Resilience (materials science)
George Town16 · +0.27
Hot · Structural equation modelingAdvancing · MarketingOpportunity · Technology acceptance modelConcern · Corporate governance
Bangi15 · -0.02
Hot · Key (lock)Advancing · Financial inclusionOpportunity · Financial servicesConcern · Database transaction
Seri Kembangan12 · +0.23
Hot · Structural equation modelingAdvancing · Financial servicesOpportunity · Expectancy theory
Johor Bahru9 · +0.17
Advancing · PandemicOpportunity · Loan
Kota Bharu8 · +0.15
Hot · Financial servicesOpportunity · Technology acceptance model
Putrajaya6 · +0.40
Hot · Financial servicesOpportunity · Financial literacy

Common questions

How many FinTech companies are there in Federal Territory of Kuala Lumpur, Malaysia?
Radar tracks 247 indexable FinTech companies headquartered in Federal Territory of Kuala Lumpur, Malaysia that meet our profile-completeness bar.
What is the total funding raised by FinTech companies in Federal Territory of Kuala Lumpur, Malaysia?
The FinTech companies in Federal Territory of Kuala Lumpur, Malaysia on this list have raised a combined $509.4M in disclosed equity funding across 36 funded companies.
Which is the highest-funded FinTech company in Federal Territory of Kuala Lumpur, Malaysia?
TNG Digital is the highest-funded FinTech company in Federal Territory of Kuala Lumpur, Malaysia, with $168.3M in disclosed equity funding.
How many FinTech companies in Federal Territory of Kuala Lumpur, Malaysia are funded?
36 of the 247 FinTech companies in Federal Territory of Kuala Lumpur, Malaysia on this list have disclosed at least one equity funding round.
How many FinTech unicorns are there in Federal Territory of Kuala Lumpur, Malaysia?
None of the FinTech companies in Federal Territory of Kuala Lumpur, Malaysia on this list currently has a disclosed valuation of $1B or more.
Who are the top investors in Federal Territory of Kuala Lumpur, Malaysia FinTech companies?
The most active investors in Federal Territory of Kuala Lumpur, Malaysia FinTech companies on this list include 1337 Ventures, Gobi Partners, 500 Global, Cradle, Mavcap.
Riya SenguptaFinancials

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.

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