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Instapay Technologies Sdn Bhd logo — Everything is possible

Instapay Technologies Sdn Bhd

Everything is possible

Founded 2017 Malaysia Malaysia 76 employees Series A Total: $21.50M Financial Services, Mobile +1

General Information

Company Name Instapay Technologies Sdn Bhd
Founded Year 2017
Location Malaysia Malaysia +1
Founders / Decision Makers
Team member
Employees 76
Industries Financial Services, Mobile, Banking
Funding Stage Series A
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About Instapay Technologies Sdn Bhd

Instapay Technologies Sdn Bhd is a financial technology startup based in Malaysia founded in 2017. The company's slogan "Everything is possible" reflects its mission to empower workers through its digital account and mobile app linked to Instapay Mastercard. The platform, regulated by Bank Negara Malaysia, aims to streamline payroll, ensure regulatory compliance, and promote financial inclusion for workers, particularly migrant workers in Malaysia. The last investment of MYR21.50M in a Series A round on 26 September 2022 involved Spiral Ventures and ACA Investments as investors. Instapay's vision revolves around equipping employer organizations to manage payroll in a financially inclusive and regulation-compliant manner, thus facilitating the entry of migrant workers into the formal digital economy. With a focus on the needs of workers and the regulatory landscape, Instapay Technologies Sdn Bhd presents an innovative solution within the financial services and banking industries.

Taxonomy: Digital Banking, Mobile Payments, Financial Inclusion, Regulated by Central Bank, Payroll Management, Migrant Workers, Remittance, E-wallet, Mastercard, Digital Economy, B2B Platform, Migrant Worker Financial Inclusion

Funding Rounds & Investors (1)

View All
Funding Stage Amount Investors Lead Investors Date
Series A •••••• 2
Investor Investor
26 Sep 2022

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FAQ About Instapay Technologies Sdn Bhd

Everything is possible
Instapay Technologies Sdn Bhd was founded in 2017.
Instapay Technologies Sdn Bhd is headquartered in Malaysia.
Instapay Technologies Sdn Bhd operates in the following industries: Financial Services, Mobile, Banking.
Instapay Technologies Sdn Bhd has approximately 76 employees.
Instapay Technologies Sdn Bhd has completed 1 funding round, raising a total of $21.50M. The latest funding stage is Series A.
Top alternatives and competitors to Instapay Technologies Sdn Bhd include BeamAndGo Philippines Inc., NOW Money, Remitly Israel (formerly Rewire), NepalRemit, MAKSPay Fintech. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Instapay Technologies Sdn Bhd and BeamAndGo Philippines Inc. are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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