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Reading: Singapore’s Heymax.ai Scores $2.6M to Turn Card Spending into Dream Vacations
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Startups

Singapore’s Heymax.ai Scores $2.6M to Turn Card Spending into Dream Vacations

Nicole Kristine Jovero
Last updated: July 8, 2024 1:55 am
Nicole Kristine Jovero
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2 Min Read
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  • Heymax.ai raises $2.6M for unified rewards platform.
  • Singapore startup attracts 50,000 users since September 2023.
  • Expansion planned across APAC following successful launches.

Contents
Swipe right for free flightsMiles high clubJetting to new heights

Swipe right for free flights

Heymax.ai, a Singapore-based startup founded in 2023, has raised $2.6 million in seed funding to revolutionize reward programs.

The company’s platform allows users to earn Max Miles from over 500 businesses, including Amazon.sg, Apple, and Grab.

Since its launch in September 2023, Heymax.ai has attracted over 50,000 customers who have earned more than 50 million Max Miles and redeemed over 10,000 flights.

Miles high club

The startup’s innovative approach simplifies reward collection by unifying multiple programs under a single currency – Max Miles.

Users can link their existing credit cards to the Heymax.ai platform, receiving instant recommendations for the most rewarding card for each purchase.

Through a partnership Visa, the Card Maximiser feature provides real-time insights into transactions and rewards across all Visa-branded cards.

Jetting to new heights

Following successful launches in Singapore and Australia, Heymax.ai plans to expand its presence across the APAC region.

The seed round, led by January Capital, included participation from Tenity, Ascend Angels, XA Network, and StashAway’s Angel Investing program.

Notable angel investors from Southeast Asia, such as Shiyan Koh and JJ Chai, also joined the round, signaling strong regional support for the platform’s growth.

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