# MoneyMatch Sdn. Bhd.

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

- Industry: Financial Services
- Headquarters: Kuala Lumpur, Malaysia
- Website: www.moneymatch.co
- Total disclosed funding: $0.6M
- Latest round: Series A (Jan 8, 2021)
- Investors on record: 5

## About

Based in Malaysia, MoneyMatch Sdn. Bhd. specializes in providing international money transfer services, offering clients efficient solutions for cross-border remittances and financial transactions.Founded in 2015 in Kuala Lumpur, Malaysia, MoneyMatch Sdn. Bhd. provides international money transfer services, facilitating transactions for personal and business customers. The company was co-founded by Fazil Fuad and Naysan Munusamy, with Adrian Yap serving as the CEO. MoneyMatch raised a total of USD 0.450 mn, with its most recent funding round, a Seed round, led by Tuas Capital Partners on July 8, 2021.MoneyMatch Sdn. Bhd. specializes in international money transfer services, offering solutions such as bank transfers, mobile wallet transfers, and cash pickups. They serve both personal and business customers in Malaysia, ensuring a secure and user-friendly platform for executing transactions across borders. Their services are designed to meet the needs of individuals seeking reliable remittance options and businesses requiring international fund transfers.In the most recent year, 2023, MoneyMatch reported a revenue of USD 3,358,983.40 with an EBITDA of USD -183,433.80. Their revenue model relies on transaction fees for services, allowing customers to choose from various options that can affect the overall cost of transactions.In July 2021, MoneyMatch Sdn. Bhd. secured funding to support its expansion into Singapore and Hong Kong by the end of 2021. The company plans to leverage the recent venture debt financing to enhance its product offerings and increase its market presence in these new regions.

## Funding rounds

- Series A, Jan 8, 2021 — Cradle Seed Ventures, KAF Investment Bank
- Seed, Apr 9, 2019 — Cradle Seed Ventures
- Seed, May 29, 2017, $0.5M — Tuas Capital Partners, TH Capital
- Seed, Feb 18, 2016, $0.1M — Kosciuszko Holdings

## Investors

- Kosciuszko Holdings (https://capitalatlas.ai/funds/kosciuszko-holdings) — Seed
- Tuas Capital Partners (https://capitalatlas.ai/funds/tuas-capital-partners) — Seed
- TH Capital (https://capitalatlas.ai/funds/th-capital) — Seed
- Cradle Seed Ventures (https://capitalatlas.ai/funds/cradle-seed-ventures) — Seed, Series A
- KAF Investment Bank — Series A