Versa Asia Sdn. Bhd.
Latest round
- Series A
Last raised
- Dec 2022
Total raised
- $3.3M
Investors
- 5
About Versa Asia Sdn. Bhd.
Founded in 2019 and based in Kuala Lumpur, Malaysia, Versa Asia Sdn. Bhd. operates as a financial technology company. The company was founded by its CEO, Teoh Wei Xiang, COO, Richmond Yau, and CTO, Nelson Wong. As of 2022, the company has a total of MYR 82 billion in assets under administration and has over 197,068 clients. In March 2025, Versa Asia Sdn. Bhd. The company provides customers with a digital cash management mobile application that works similarly to a money market investment and allows them to earn interest on their fixed deposits by investing in money market funds. The application offers two options for investing: Versa Invest and Versa Cash. Versa Invest is a longer-term investment portfolio managed by international fund managers with greater returns.46 percent per year. The company generates revenue by charging management fees, trustee fees, and fund-level fees to its customers.04 percent for its Versa Invest plan.
Who invested in Versa Asia Sdn. Bhd.
5 investors across 1 round
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Funding rounds
Series A
Dec 5, 2022
Amount
$3.3M
Investors
Questions about Versa Asia Sdn. Bhd.
Who invested in Versa Asia Sdn. Bhd.?
Versa Asia Sdn. Bhd. has 5 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Versa Asia Sdn. Bhd. raised?
Versa Asia Sdn. Bhd. has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Versa Asia Sdn. Bhd. last raise money?
Versa Asia Sdn. Bhd.'s most recent round on record is a Series A, in Dec 2022.
What does Versa Asia Sdn. Bhd. do?
Founded in 2019 and based in Kuala Lumpur, Malaysia, Versa Asia Sdn.
Where is Versa Asia Sdn. Bhd. headquartered?
Versa Asia Sdn. Bhd. is headquartered in Petaling Jaya, Malaysia.
Which VCs invest in companies like Versa Asia Sdn. Bhd.?
Among active investors with capital left to deploy, ICBC Capital Management, China Life Capital, GoHigh Capital and ABQH Shenzhen Investment Fund Management back financial services companies at Versa Asia Sdn. Bhd.'s stage. Their profiles are linked below.
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