# Braintree Technologies Sdn. Bhd.

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

- Industry: Agribusiness
- Headquarters: Malaysia
- Website: www.braintrees.weebly.com
- Total disclosed funding: $0.8M
- Latest round: Seed (Oct 13, 2021)
- Investors on record: 3

## About

Braintree Technologies Sdn. Bhd. is a Malaysian company that specializes in developing innovative technological solutions to improve efficiency and productivity in various sectors, particularly through advanced payment processing and data analytics platforms.Founded in 2011 in Malaysia, Braintree Technologies Sdn. Bhd. focuses on providing technological solutions for payment processing and digital transaction management. The company was established by Arif Makhdzir, who continues to lead as CEO. As of October 2021, Braintree raised USD 0.79 mn in a Seed funding round, targeting growth in its financial technology offerings with notable participation from 500 Global, AgFunder, and Petronas Ventures. The company has executed one deal to date and currently has a valuation of USD 3.217 mn as of the latest funding round.Braintree Technologies Sdn. Bhd. specializes in providing innovative technological solutions aimed at enhancing efficiency and productivity across various industries. Their core product offerings include advanced software platforms designed for payment processing, data analytics, and digital transaction management, enabling businesses to manage payments securely and efficiently while gaining actionable insights from data analytics. They cater to a diverse client base, including retail businesses, e-commerce platforms, and financial institutions across Southeast Asia and beyond, focusing on improving transaction speed, reducing operational costs, and enhancing customer experience.In the most recent year, 2023, Braintree Technologies reported a revenue of USD 119,745.70 with an EBITDA of USD -316,606.80. Their revenue model primarily consists of subscription-based services and transaction fees linked to their payment processing solutions, enabling scalable usage and steady revenue for the firm.Braintree Technologies Sdn. Bhd. aims to enhance its product offerings with new solutions targeting greater efficiency in digital transactions and payment processing by 2023. The company is also focusing on expanding its presence in Southeast Asian markets, particularly targeting Indonesia and Thailand for growth by 2024. The recent Seed funding of USD 0.79 mn will be allocated to these product developments and market expansion efforts, following their latest funding round in October 2021.

## Funding rounds

- Seed, Oct 13, 2021, $0.8M — 500 Global, AgFunder, Petronas Ventures

## Investors

- 500 Global (https://capitalatlas.ai/funds/500-global) — Seed
- AgFunder (https://capitalatlas.ai/funds/agfunder) — Seed
- Petronas Ventures (https://capitalatlas.ai/funds/petronas-ventures) — Seed