BayaPay is a Malaysian startup founded in 2021 that is making waves in the financial services, payments, and wealth management industries. Its slogan "Powering the next-generation of Open-Loop FuelFleet payment solutions" encapsulates its mission to lead the way forward in next-generation fuel and fleet payments. The company's flagship product, Bayafuel, is a next-generation FuelFleet open-loop payment solution designed to digitize, automate, and streamline payments securely and safely while deterring fraud. BayaPay recently received Seed Round investment on 27 October 2022, with the investment coming from Winacore Capital. This investment signifies a strong vote of confidence in BayaPay's vision and potential. With its innovative approach to expense management and fraud prevention, BayaPay is well-positioned to make a significant impact in the fuel and fleet payments sector.
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