# BayaPay Sdn Bhd

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/bayapay-sdn-bhd

- Industry: Financial Services
- Headquarters: Selangor, Malaysia
- Website: www.bayapay.com
- Total disclosed funding: $0.3M
- Latest round: Seed (Apr 3, 2023)
- Investors on record: 1

## About

Founded in 2021 and based in Selangor, Malaysia, BayaPay Sdn Bhd is a financial service platform that specializes in spending management solutions for small and medium-sized businesses. KK Low (CEO) and Brandon Lee (COO) are the co-founders of the company. In October 2022, BayaPay Sdn Bhd raised venture funding from Winacore Capital.

The company provides BayaFuel, which is a card that enables businesses to make secure payments within set limits and controls across all fleet-related expense management, such as fuel, travel, lodging, repairs, maintenance, road tax, insurance, tolls, and parking. The firm's customers range from SMEs to logistic companies, commercial vehicle operators, and financial institutions.

The organization plans to use the October 2022 funding finish and introduce the fleet fuel payment card to the market, which is expected to take place in the first quarter of 2023.

## Funding rounds

- Seed, Apr 3, 2023, $0.3M — Winacore Capital

## Investors

- Winacore Capital (https://capitalatlas.ai/funds/winacore-capital) — Seed