KUALA LUMPUR, Malaysia, April 28 (Bernama-PRNewswire) — Financial wellbeing platform Payd has just announced that it has raised USD 1.7 million (RM7.5 million) in a seed funding round to expand its Southeast Asian operations, fuelling the growth of the region’s financial tech market. The round was led by IFS Capital, with participation from 1982 Ventures, The Hive Southeast Asia, a recipient of the Dana Penjana Nasional programme, Delight Capital, and Antler.
Payd is on a mission to build the largest mobile financial wellbeing platform for employees, all over Southeast Asia.