Best Payments Companies in Selangor, Malaysia
The 37 best Payments companies in Selangor, Malaysia in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Bayo.
Our analysis of 150 Payments companies
$44.9b in tracked funding; 96% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2021.
Ranked: Best Payments companies in Selangor
| # | Company | Disclosed funding | Last round | Stage | Founder | Founded | Tech stack | Recent signals |
|---|---|---|---|---|---|---|---|---|
| 1 | Bayo Omni-Channel Digital Payment Solution Platform | $2M | 39 mo ago | Series A | Aznul Abdullah CEO | 2016 | WordPressMySQLPHP+17 | — |
| 2 | BayaPay Provider of integrated fleet payment and expense management solutions | $281K | 42 mo ago | Seed | Brandon Lee Co-Founder & COO | 2021 | — | — |
| 3 | ATX Payment processing solutions for businesses | $46K | 77 mo ago | Acquired | Sashie Kumar CEO | 2011 | WordPressMySQLPHP+20 | — |
| 4 | Billplz Billing and payment solution service provider | — | 165 mo ago | Funding Raised | Nazroof Hakim Executive Director And Founder | 2012 | — | — |
| 5 | AppPay White-label mobile wallet solutions | — | — | Unfunded | Desmond Tay Co-Founder & MD | 2017 | — | — |
| 6 | Belive Mobile Provider offering mobile billing and payment solutions to businesses | — | — | Unfunded | Alvin Ho Co-Founder & CEO | 2006 | — | — |
| 7 | cardbiz CardBiz provides debit and credit card terminals, ID card accessories, online redemption systems, QR pay… | — | — | Acquired | — | 2004 | WordPressMySQLPHP+27 | — |
| 8 | dapat DAPAT provides message solutions and data, analytics, payment and technology services. | — | — | Acquired | — | 2000 | — | — |
Top 4 Payments companies in Selangor
#1
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.
- Jun 2023Series A$2.2M
#2
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.
- Mar 2023Seed$281.5K
- Oct 2022Seed—
#3
Acquired · Petaling Jaya, Selangor · founded 2011 · 15 employees$46.4Kraised▾
Payment processing solutions for businesses. It builds and manages electronic payment collection platforms for businesses and merchants. It offers products such as agent-based payments, wallet-based payments, POS-based payments, and more.
- Apr 2020Seed$46.4K
#4
Funding Raised · Shah Alam, Selangor · founded 2012—raised▾
Billplz is a cash solution to send bills and collect payments in real time. Users can send bills via email or SMS, integrate with the system for a payment gateway and share payment form anywhere. This payment system can be applied for school fee payment, joint management body and residents association.
- Dec 2012Grant (prize money)—
Funding & investor landscape
Notable founders
Market landscape — 10 sub-themes by coverage
Share of Payments coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
How research on Digital Payments is moving in Malaysia
A read on the academic research around Digital Payments — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 506 Malaysia-affiliated papers.
- Universiti Teknologi MARA83
- Multimedia University44
- Northern University of Malaysia32
- Management and Science University29
- UCSI University28
- Mobile payment4→10
- Mobile payment15→66
- Marketing2→16
- Technology acceptance model3→15
- Financial inclusion1→12
- Payment service provider1→11
- Mobile payment4→28
- Database transaction2→10
- Context (archaeology)1→7
- Structural equation modeling1→7
- Technology acceptance model2→6
Where digital payments 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
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.