Make your money move. Instapay is a Malaysian digital payment platform that serves underbanked segments and MSMEs in Malaysia and SEA. 

• They just raised their $3M Series A2!

Investor check. A group of US-based family offices led the round, while existing investor ACA Investments, a Singapore-based Japanese investment firm, also joined in!

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🔥 Follow the $$$

Instapay launched in 2019 as a banking alternative for low-income workers and migrant workers who are underbanked.

• Today, it offers companies a digital account as a payroll solution. Firms can send $$$ to their workers’ Instapay e-wallet!
• With the e-wallet, employees can gain visibility on their payouts. Oh, and they can even do digital cross-border remittance, bill payments, mobile top-ups, and more.

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💰What’s coming next? 

They’ll expand their product offerings and geographic footprint, boost their tech infrastructure, and support continued innovation in cross-border payment capabilities.