FundedIQ
Commerce and Shopping

Soft Space: Funding, Investors & Team (Sep 2026)

From its inception in Kuala Lumpur, Malaysia in 2012, Soft Space has grown to become the leading mobile Point of Sales (mPOS) provider in the South East Asia region, present in 13 banks across Malaysia, Indonesia, Thailand, Singapore, Vietnam, the Philippines, Australia and New Zealand. The Soft Space centralised Mobile Point-­‐of-­‐Sales payment platform aims to revolutionise the payment industry by enabling anyone to accept card based payments. It is certified EMV Level 2, the first in Asia to achieve this, and is also certified by MasterCard and Visa; a testament to its security, credibility and is recognised globally. Soft Space has won multiple awards including the Red Herring Top 100 Asia 2014, Merit Winner of the WITSA’s Global ICT Excellence Awards, APICTA’s Best Financial Application Award 2013, APICTA’s Best Start Up 2013, and AICTA’s award for the Best Start Up in the ASEAN region.

www.softspace.com.my LinkedIn Petaling Jaya, Malaysia 51-100 employees
Mobile Mobile Payments Point of Sale
Total raised
$36.5M
Rounds
3
Latest
Undisclosed round
Mar 2024

Soft Space has raised $36.5M across 3 funding rounds on record, the most recent an undisclosed round announced in Mar 2024.

Soft Space Company Profile and Key Stats

Total funding raised
$36.5M
across 3 rounds on record
Funding rounds on record
3
1 with no disclosed amount
Latest funding round
Undisclosed round
Mar 2024
Employees
51-100
reported band
Headquarters
Petaling Jaya, Malaysia

Latest funding round on record: Mar 2024.

Soft Space Funding Rounds

Date
Round
Amount
Undisclosed round
Undisclosed
Series B
$31.5M
Corporate Round
$5.0M

1 of 3 rounds was announced without a disclosed amount and is excluded from the total.

Soft Space raised $5.0M in a Corporate Round announced in Jan 2022.

1.3 years later, a Series B of $31.5M was announced in Apr 2023.

11 months later, an undisclosed round was announced in Mar 2024 with no disclosed amount.

Soft Space Founders and Leadership Team

Name
Role
Contact
Chang Chew Soon
Founder
Joel Tay
CEO
Locked

Contact details for the Soft Space team: 1 of 2 have an email address on file.

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Soft Space Funding Compared to Other Commerce and Shopping Startups

Segment
Companies
Median round

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Soft Space Funding FAQs

What does Soft Space do?

From its inception in Kuala Lumpur, Malaysia in 2012, Soft Space has grown to become the leading mobile Point of Sales (mPOS) provider in the South East Asia region, present in 13 banks across Malaysia, Indonesia, Thailand, Singapore, Vietnam, the Philippines, Australia and New Zealand. The Soft Space centralised Mobile Point-­‐of-­‐Sales payment platform aims to revolutionise the payment industry by enabling anyone to accept card based payments. It is certified EMV Level 2, the first in Asia to achieve this, and is also certified by MasterCard and Visa; a testament to its security, credibility and is recognised globally. Soft Space has won multiple awards including the Red Herring Top 100 Asia 2014, Merit Winner of the WITSA’s Global ICT Excellence Awards, APICTA’s Best Financial Application Award 2013, APICTA’s Best Start Up 2013, and AICTA’s award for the Best Start Up in the ASEAN region.

How much funding has Soft Space raised?

Soft Space has raised $36.5M across 3 rounds on record.

When did Soft Space last raise funding?

Soft Space's most recent funding round on record was announced in Mar 2024. The amount was not disclosed.

Who founded Soft Space?

FundedIQ lists Chang Chew Soon (Founder) at Soft Space.

Who is the CEO of Soft Space?

Joel Tay is listed as CEO at Soft Space.

Where is Soft Space headquartered?

Soft Space is based in Petaling Jaya, Selangor, Malaysia.

How many employees does Soft Space have?

Soft Space is in the 51-100 employee band.

About FundedIQ's Soft Space 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 Soft Space is left off this page rather than filled in.

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