Payd: Funding, Investors & Team (Oct 2026)
Payd develops financial products that enable ordinary Malaysians to engage in the country's thriving economy. Payd brings to the market a solution that helps Malaysia tackle a long-standing problem.
Payd has raised $2.1M across 2 funding rounds on record, the most recent a Seed of $400k announced in Feb 2025.
That round is below the $5.0M median round size for Administrative Services companies tracked on FundedIQ over the last two years.
Payd Company Profile and Key Stats
Latest funding round on record: Feb 2025.
Payd Funding Rounds
Payd raised $1.7M in a Seed announced in Apr 2022.
2.8 years later, a Seed of $400k was announced in Feb 2025.
Payd Founders and Leadership Team
No contact details are on record for this team yet.
Payd Funding Compared to Other Administrative Services Startups
Payd's latest round of $400k is below the median round in Administrative Services. Medians cover the last 24 months of disclosed rounds.
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Payd Funding FAQs
What does Payd do?
Payd develops financial products that enable ordinary Malaysians to engage in the country's thriving economy. Payd brings to the market a solution that helps Malaysia tackle a long-standing problem.
How much funding has Payd raised?
Payd has raised $2.1M across 2 rounds on record. The most recent is a Seed of $400k announced in Feb 2025.
When did Payd last raise funding?
Payd's most recent funding round on record is a Seed of $400k, announced in Feb 2025.
Who founded Payd?
FundedIQ lists Benaiah Wepundi (Founder), Darvesh Daswani (Founder) at Payd.
Where is Payd headquartered?
Payd is based in Petaling, Kuala Lumpur, Malaysia.
How many employees does Payd have?
Payd is in the 11-50 employee band.
How does Payd's funding compare to other Administrative Services startups?
Payd's latest round of $400k is below the $5.0M median round size for Administrative Services companies on FundedIQ across 1,897 tracked companies over the last two years.
About FundedIQ's Payd Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Payd is left off this page rather than filled in.
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