Instapay Technologies Sdn Bhd

📍 Kuala Lumpur, Malaysia🗓 Founded 2017👥 47 employees💰 Last funded Oct 2022
Financial Services🌐 instapaytech.com
Website LinkedIn
Instapay's digital account is specially designed for the needs of your workers. Instapay account's mobile app is linked to Instapay Mastercard which makes it extremely convenient for your employees to receive their salaries into their Instapay accounts. Instapay is regulated by Bank Negara Malaysia (Central Bank of Malaysia) and empowers your workers while simplifying the salary payment process for you. It streamlines payroll, makes organisations compliant with regulations and promotes financial inclusion of workers. The platform is currently available in Malaysia, a country that is a major destination for migrant workers from other south Asian countries. The migrants are usually employed in low-skilled work and face challenges of financial inclusion, among others. Instapay’s vision is to build the capacities of employer organisations to manage their payroll in a financially inclusive and regulation compliant manner. It also aims to facilitate the entry of the migrant workers into the formal digital economy by securing their earnings and allowing them to make purchases and remit funds online.
2
Total investors
0
Early stage
2
Mid stage
0
Late stage
2017
Founded

Investors

2 investors
All
Early stage
Mid stage
Late stage
Investor geography1 country
Singapore
2
Frequently asked questions
Who invested in Instapay Technologies Sdn Bhd?
Instapay Technologies Sdn Bhd has 2 investors on record on gritt.io, 2 mid-stage.
When did Instapay Technologies Sdn Bhd last raise funding?
The most recent investment in Instapay Technologies Sdn Bhd recorded on gritt.io was in October 2022.
When was Instapay Technologies Sdn Bhd founded?
Instapay Technologies Sdn Bhd was founded in 2017.
What industry is Instapay Technologies Sdn Bhd in?
Instapay Technologies Sdn Bhd operates in Financial Services. Find similar Financial Services investors on gritt.io.
Where is Instapay Technologies Sdn Bhd based?
Instapay Technologies Sdn Bhd is headquartered in Kuala Lumpur, Malaysia.