Malaysia
Curlec by Razorpay is a Malaysian-based FinTech startup that was founded in 2018. The company's primary goal is to simplify the process of collecting recurring payments for businesses of all sizes by offering a range of services, including bank-to-bank payments, card payments, payouts, and subscription management. In April 2020, the company secured a Series B investment, with 500 Startups as the main investor.
Acquired by Razorpay, a prominent Indian Payments and Banking Platform for businesses, Curlec benefits from this association and the extensive network it brings. The company has gained notable traction and recognition, serving over 8 million businesses. Moreover, Sequoia Capital India, Tiger Global, Lone Pine Capital, and TCV are among the world-renowned investors backing Curlec. Additionally, the company has also participated in the prestigious Silicon Valley tech accelerator, Y Combinator.
Overall, the strategic positioning and progressive expansion of Curlec within the competitive and rapidly evolving fintech sector, combined with backing from influential investors, present an appealing scenario for potential venture capital interest. This trajectory signifies strong growth potential and a promising outlook for Curlec within the financial technology industry.
