Funded Financial Services Startups in Malaysia
Disclosed round sizes in this Malaysia financial services set are highly top-heavy: the largest disclosed amount is PolicyStreet’s $21M (2026-04-01), which…
Disclosed round sizes in this Malaysia financial services set are highly top-heavy: the largest disclosed amount is PolicyStreet’s $21M (2026-04-01), which sits slightly above Paywatch’s $20M (2025-11-05) and dwarfs the next disclosed entries clustered far lower (e.g., Tokenize Malaysia at $12M on 2022-08-12, and TNG Digital at $168M on 2022-07-25 is the only other disclosed round in the same “very large” tier). In stage and disclosure terms, “Series Unknown” and “undisclosed” amounts are frequent: 6 of 24 rows are labeled “Series Unknown” and 10 of 24 rows are “undisclosed” amounts, which limits comparability across many of the most recent deals (e.g., CapBay on 2025-11-26 and DCAP Digital on 2024-10-29).
Geographically, the list concentrates in Kuala Lumpur and the surrounding Selangor area, with Kuala Lumpur appearing on most entries (e.g., PolicyStreet in Kuala Lumpur, Halogen in Kuala Lumpur on 2025-12-15; RentGuard in Petaling Jaya on 2020-04-11). Temporally, the rows span 2020-04-11 (RentGuard) through 2026-04-01 (PolicyStreet), with 5 of the 24 most recent entries dating from 2025 and multiple deals clustering again in 2022 (including TNG Digital on 2022-07-25 and Tokenize Malaysia on 2022-08-12).
Most recent rounds
24 shownRelated listings
Frequently asked
What’s the largest disclosed round here, and how does it compare to the rest?
TNG Digital’s $168M (2022-07-25) is an outlier versus the other disclosed amounts, including PolicyStreet’s $21M (2026-04-01) and Paywatch’s $20M (2025-11-05). After the $20M–$21M cluster, the next-largest disclosed levels include Tokenize Malaysia at $12M (2022-08-12).
Do the deals cluster in time, especially near the most recent quarter?
From late 2025 into early 2026, several rounds land closely: Halogen ($3M, 2025-12-15) and CapBay (undisclosed, 2025-11-26) follow PolicyStreet ($21M, 2026-04-01 is the latest) and Paywatch ($20M, 2025-11-05). In parallel, 2022 shows repeated activity, including TNG Digital (2022-07-25, $168M), Tokenize Malaysia (2022-08-12, $12M), and Revenue Monster (2022-09-23, $7M).
Is there a disclosure/stage pattern that makes comparisons uneven?
Disclosure is incomplete in a large share of rows: 10 of 24 entries list “undisclosed” amounts (e.g., CapBay 2025-11-26 and MobyPay 2023-06-20). Stage naming also blurs comparability with 6 of 24 rows labeled “Series Unknown” (e.g., DCAP Digital 2024-10-29 and MobyPay 2023-06-20), while the remaining labeled stages include Seed (e.g., Halogen 2025-12-15) and Series A (e.g., Paywatch 2025-11-05, Bayo Pay 2023-06-02).
Are Kuala Lumpur and nearby Selangor cities over-represented?
The list is dominated by Kuala Lumpur-based companies, including PolicyStreet (Kuala Lumpur, 2026-04-01) and Paywatch (Kuala Lumpur, 2025-11-05), with additional concentration around Selangor via companies like Bayo Pay (Selangor, 2023-06-02) and DCAP Digital/others in Kuala Lumpur. Outside that core, Petaling Jaya appears via RentGuard (2020-04-11, $300K) and MX Global (2022-03-01, $100K).
Which stage/round types appear most often among the labeled entries?
Among rows that specify a stage, there’s a noticeable mix of equity-style labels (Series C: PolicyStreet on 2026-04-01; Series A: Paywatch 2025-11-05 and Bayo Pay 2023-06-02) plus smaller but recurring Seed activity (AxeHedge $400K, 2021-12-01; MyMy $1M, 2021-10-06; Halogen $3M, 2025-12-15). Grants also show up (Capsphere at $0K, 2022-09-19; Wakalu undisclosed, 2022-04-07), while TNG Digital’s “Venture - Series Unknown” label is a distinct high-value outlier (2022-07-25, $168M).
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