Instapay Technologies Sdn Bhd

Instapay Technologies Sdn Bhd is a financial technology startup based in Malaysia founded in 2017. The company's slogan "Everything is possible" reflects its mission to empower workers through its digital account and mobile app linked to Instapay Mastercard. The platform, regulated by Bank Negara Malaysia, aims to streamline payroll, ensure regulatory compliance, and promote financial inclusion for workers, particularly migrant workers in Malaysia. The last investment of MYR21.50M in a Series A round on 26 September 2022 involved Spiral Ventures and ACA Investments as investors. Instapay's vision revolves around equipping employer organizations to manage payroll in a financially inclusive and regulation-compliant manner, thus facilitating the entry of migrant workers into the formal digital economy. With a focus on the needs of workers and the regulatory landscape, Instapay Technologies Sdn Bhd presents an innovative solution within the financial services and banking industries.