- Swipey receives strategic backing from 1337 Ventures
- The fintech serves 2,000+ Malaysian businesses through integrated financial tools
- Their expansion plans target pre-series A funding
Money Moves
Malaysian fintech startup Swipey secured fresh funding from 1337 Ventures, marking a significant milestone in its mission to revolutionize SME financial management.
The investment arrives through the 1337 Accelerator Fund I, targeting early-stage startups in Malaysia’s growing tech ecosystem.
Tech That Talks
The company’s platform streamlines financial operations through an integrated suite of tools, including real-time spend management dashboards, corporate Visa cards, digital accounts payable solutions.
Swipey currently serves over 2,000 businesses, from local brands like Zus and Baskin Robbins to major corporations such marking Maxis.
Growth Plans
CEO Kalyana ‘Mohan’ Teagarajan emphasized the investment’s strategic importance for Swipey’s pre-series A fundraising plans.
The company maintains strong momentum through government partnerships, including Malaysia Debt Ventures Bhd (MDV), solidifying its position in Malaysia’s fintech landscape.
