Alongside merchant acquiring services, it provides e-money services, including the MPay Wallet, alternative financing business outsourcing services and loyalty management services, and issues payment cards.
Through its technology and relationships with both large international brands and small and medium-sized Malaysian enterprises, its aim is to promote domestic innovation in payments and grow the country’s digital economy.
The company is also involved in the development of digital security and e-commerce technology services, and over the past ten years has made investments in companies across payments, finance, security technology and other areas of fintech.
By providing cutting edge payment, security, internet and mobile technologies, and integrating them with conventional business practices, it supports the growth of businesses in Malaysia by helping them overcome the constraints of distance and time on transacting.
ManagePay was seeking to raise capital to expand its financial technology platform and payment solution business.
By understanding ManagePay’s business and its funding needs and requirements, we enabled it to raise capital via a tailored equity placement, an approach that differentiated Macquarie’s offering from traditional placements.
Dato Chew Chee Seng,
Founder and CEO, ManagePay