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Radar · FinTech in Selangor

Best FinTech Companies in Selangor, Malaysia

The 138 best FinTech companies in Selangor, Malaysia in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: CapBay.

138companies tracked
$53.6Mdisclosed funding
0unicorns
18have raised
FLIAR INTELLIGENCE · FINTECH × SELANGOR

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
479kcombined LinkedIn audience
91%of audience held by top 3
3companies hiring publicly (12 mo)

Ranked: Best FinTech companies in Selangor

#CompanyDisclosed fundingLast roundEmployeesFoundedFounderTech stackRecent signals
13DAX Market
Online exchange platform for digital assets
———2017Narong Daosri
Co-Founder & CEO
——
2Acecoin
Decentralized P2P currency
———2018Nizal Mohammad
CEO
——
3AeroMiners
Cryptocurrency mining service provider
———2018Dato Aizuddin Ghazali
Founder
——
4AETINS
Service provider for insurance companies and takaful operators
——301998———
5Alpha Masterclass
Provider of AI-driven trading robots and hands-on workshops for traders
———2020Leong Sheng
Founder
Framer SitesUIKitReact+7—
6Applied Computer Technologies
Payroll Software Solution for SMEs
———1986Ravindran K Paul
CEO
WordPress Block EditorCart FunctionalityWooCommerce+28—
7AppPay
White-label mobile wallet solutions
———2017Desmond Tay
Co-Founder & MD
——
8Auto Count
Accounting and POS software provider
———1996YT Choo
CEO
——

Top 12 FinTech companies in Selangor

#1
Series A · Petaling Jaya, Selangor · founded 2019 · 28 employees
$6.8Mraised
▾

App-based asset management platform for consumers. It offers a platform that enables users to invest in multiple funds, manage investments, income, and expenses, deposit in savings plans, and more. The application is available on Android and iOS platforms.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 3k LinkedIn followers
Activity: 1 partnerships (incl. Versa Affiliate Partner Program) announced in 12 mo
Funding rounds
  • Mar 2025Series A$6.8M
  • Sep 2022Seed—
Founders & team
Richmond YauCo-FounderTeoh XiangCo-Founder & CEONelson WongCo-Founder & CTO
Investors
KB Investment, RHL Ventures, Affin Hwang Asset Management, OSK Ventures International Berhad, Hpry Ventures, AHAM Asset Management Berhad
Tech stack
BootstrapClevertapCloudflareCloudflare Bot ManagementCloudflare Browser InsightsContact Form 7
#2
Seed · Petaling Jaya, Selangor · founded 2018 · 43 employees
$2.4Mraised
▾

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LinkedIn Pulse recent public activity · Jul 2026
Audience: 1k LinkedIn followers
Funding rounds
  • Jun 2024Seed$465.9K
  • Sep 2020Seed$676.7K
  • Jun 2020Seed$804.6K
  • Sep 2019Seed$63.5K
Founders & team
Datuk YuenCo-Founder & Managing DirectorRamachandran MuniandyCo-Founder
Investors
pitchIN, Jsl Venture, Barosmajestic
#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.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 13k LinkedIn followers — 2.7% of this cohort's audience
Activity: 1 partnerships (incl. Pharmaniaga Berhad) announced in 12 mo
Funding rounds
  • Dec 2021Series A$7M
  • Jan 2021Series A$20M
  • Sep 2017Seed$500K
Founders & team
Darrel AngCo-Founder & BDO
Investors
KK Fund, Kenanga, Plug and Play APAC
Tech stack
Alibaba Cloud Object Storage ServiceApple Icloud MailCloudflareCloudflare Bot ManagementCore-JsEmotion
#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.

Funding rounds
  • Nov 2022Series A$3.7M
  • Oct 2018Seed$722K
Tech stack
BootstrapCloudflareCloudflare Bot ManagementCloudflare Browser InsightsCore-JsElementor
#5
Series A · Petaling Jaya, Selangor · founded 2016 · 31 employees
$2.2Mraised
▾

Bayo provides Omni-Channel Digital Payment Solution Platform. It issues Bayo branded contactless prepaid card. Other solutions include mWallet, virtual cards, payment via QR codes, P2P money transfer, bill payments, EMV Level 2 payment application kernel for iOS, Android and Windows devices. PCI-DSS Compliant.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 990 LinkedIn followers
Hiring: 1 hiring post in 12 mo (public) · hiring: Management Trainee, Operations
Funding rounds
  • Jun 2023Series A$2.2M
Founders & team
Aznul AbdullahCEO
Investors
VentureTECH, SBI Ventures Malaysia
Tech stack
All In One SeoApache Http ServerAstraBootstrapBrizy WordpressBunny
#6
Seed · Petaling Jaya, Selangor · founded 2018 · 9 employees
$1.6Mraised
▾

Online exchange platform for cryptocurrency. It enables users to buy, sell, exchange, store digital currency. It allows merchants, consumers, and traders to transact cryptocurrencies. It provides a liquidity platform for cryptocurrency investors and token issuers. It offers advisory, legal, compliance, business operations, and risk management.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 1k LinkedIn followers
Activity: 1 product launches announced in 12 mo
Funding rounds
  • Sep 2022Seed$1.6M
  • Mar 2022Seed—
Founders & team
Fadzli ShahCEO
Investors
Binance, Cuscapi
Tech stack
AngularAnimate.CssBootstrapCdnjsCloudflareCloudflare Browser Insights
#7
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.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 4k LinkedIn followers
Activity: 1 expansions announced in 12 mo
Funding rounds
  • Jan 2021Series A$3.3M
  • May 2020Seed$460K
Founders & team
Tunku MudzaffarFounder & CEO
Investors
MTDC, MAA Group Berhad, 1337 Ventures
Tech stack
Apexcharts.JsCloudflareCloudflare Bot ManagementCore-JsFacebook PixelGoogle Analytics
#8
Seed · Subang Jaya, Selangor · founded 2021
$281.5Kraised
▾

Provider of integrated fleet payment and expense management solutions. It offers a prepaid business Mastercard card and a digital platform for managing vehicle expenses. The solution allows businesses to control spending, prevent fraud, and improve efficiency through real-time visibility and analytics. The platform supports various fleet-related payments, including fuel, repairs, and tolls, using an open-loop architecture accepted at most retailers accepting Visa/Mastercard. This enables streamlined payment processes and cost savings.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 166 LinkedIn followers
Hiring: 2 hiring posts in 12 mo (public) · hiring: Card Sales Executive
Funding rounds
  • Mar 2023Seed$281.5K
  • Oct 2022Seed—
Founders & team
Brandon LeeCo-Founder & COOKK LowFounder & CEO
Investors
Winacore
#9
Seed · Petaling Jaya, Selangor · founded 2015 · 31 employees
$2.3Mraised
▾

Malaysia-based BookDoc is a booking app that connects patients with healthcare professionals. Doctors can list the practice and manageth bookings using the platform. Users can select professionals from the directory and book appointments.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 2k LinkedIn followers
Hiring: 1 hiring post in 12 mo (public) · hiring: Senior Mobile Developer Engineer
Funding rounds
  • Feb 2018Seed$2.3M
  • Jun 2017Angel—
  • Feb 2017Angel—
  • Jan 2016Seed—
Founders & team
Dato BehCo-Founder
Investors
Dan Lok Ventures
Tech stack
AhoyAmazon SesAmazon Web ServicesAnimate.CssBootstrapBootstrap Icons
#10
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.

Funding rounds
  • Apr 2019Seed$1.2M
Founders & team
Chang Chew SoonCo-FounderTimothy HorCo-Founder & CEO
#11
Seed · Port Klang, Selangor · founded 2019
$261.6Kraised
▾

Cloud-based insurance claim and agency management solutions for the insurance industry. It offers solutions for insurance product price comparison, payment management, quotation management, and more. It also offers marketing campaigns solutions for businesses.

Funding rounds
  • Mar 2022Seed$261.6K
Founders & team
Steven Lim Nam TengCEO
#12
Seed · Petaling Jaya, Selangor · founded 2015 · 15 employees
$700Kraised
▾

Payrollpanda is a Malaysia SaaS provider of cloud based payroll calculations of employees. It is customized according to the Malaysian laws and it calculates all necessary deductions and disburses to the employees. Features include payroll calculation, tax deductions, pay slip generation, bank integration, leave management etc. It charges a monthly subscription fee of RM 96 per employee.

Funding rounds
  • Jun 2018Seed$700K
Investors
BigWig Media
Tech stack
A3 Lazy LoadAmazon AlbAmazon CloudfrontAmazon S3Amazon Web ServicesApache Http Server

Funding & investor landscape

$53.6Mtotal disclosed funding
15companies funded
23disclosed rounds
0rounds last 90 days
Most active investors
1337 Ventures2 rounds
Cradle2 rounds
Finnext Capital2 rounds
Malaysia Debt Ventures2 rounds
OSK Ventures International Berhad2 rounds
ScaleUp Malaysia2 rounds
500 Global1 rounds
AHAM Asset Management Berhad1 rounds
Affin Hwang Asset Management1 rounds
Alphacap Berhad1 rounds

Notable founders

Richmond Yau
Co-Founder · Versa
Teoh Xiang
Co-Founder & CEO · Versa
Datuk Yuen
Co-Founder & Managing Director · Regovtech
Ramachandran Muniandy
Co-Founder · Regovtech
Darrel Ang
Co-Founder & BDO · CapBay
Aznul Abdullah
CEO · Bayo
Fadzli Shah
CEO · MX Global
Tunku Mudzaffar
Founder & CEO · Microleap
Brandon Lee
Co-Founder & COO · BayaPay
KK Low
Founder & CEO · BayaPay
Dato Beh
Co-Founder · BookDoc
Chang Chew Soon
Co-Founder · DAX Venture
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 field-share from 0% to 6%.
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 1→54, lifting Advancements field-share from 0% to 44%.
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
Islamic fintech concerns newly emerged with 17 papers as field-share 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 · Financial instrumentConcern · 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 · Population

Common questions

How many FinTech companies are there in Selangor, Malaysia?
Radar tracks 138 indexable FinTech companies headquartered in Selangor, Malaysia that meet our profile-completeness bar.
What is the total funding raised by FinTech companies in Selangor, Malaysia?
The FinTech companies in Selangor, Malaysia on this list have raised a combined $53.6M in disclosed equity funding across 15 funded companies.
Which is the highest-funded FinTech company in Selangor, Malaysia?
CapBay is the highest-funded FinTech company in Selangor, Malaysia, with $27.5M in disclosed equity funding.
How many FinTech companies in Selangor, Malaysia are funded?
15 of the 138 FinTech companies in Selangor, Malaysia on this list have disclosed at least one equity funding round.
How many FinTech unicorns are there in Selangor, Malaysia?
None of the FinTech companies in Selangor, Malaysia on this list currently has a disclosed valuation of $1B or more.
Who are the top investors in Selangor, Malaysia FinTech companies?
The most active investors in Selangor, Malaysia FinTech companies on this list include 1337 Ventures, Cradle, Finnext Capital, Malaysia Debt Ventures, OSK Ventures International Berhad.
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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