About MatchMove
MatchMove is a company based in Singapore (Singapore) founded in 2009.. MatchMove has raised $156 million across 6 funding rounds from investors including Credit Saison, Singapura Finance and PT Kresna Graha Investama. MatchMove has completed 1 acquisition, including Shopmatic. MatchMove offers products and services including Virtual Account, International Remittance, Loan Disbursement, Expense Management, and Digital Banking. MatchMove operates in a competitive market with competitors including Comviva, Zoop, Ondot Systems, Yoyo Wallet and PayKey, among others.
- Headquarter Singapore, Singapore
- Stage Minicorn
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Sectors
Financial Services
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Matchmove Pay Pte Ltd
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Annual Revenue
$1.04 M-86as on Dec 31, 2020
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Net Profit
$-11.07 M-16as on Dec 31, 2020
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EBITDA
$776.05 (USD)432as on Dec 31, 2015
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Total Equity Funding
$156 M (USD)
in 6 rounds
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Latest Funding Round
$100 M (USD), Series D
Jun 10, 2021
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Investors
Credit Saison
& 8 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Products & Services of MatchMove
MatchMove offers a comprehensive portfolio of products and services, including Virtual Account, International Remittance, Loan Disbursement, Expense Management, and Digital Banking. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform for secure cash balance management and payments.
Enables real-time global digital cash transfers via wallets.
Automates credit processes for business and consumer loans.
Facilitates tracking and reporting of business expenses digitally.
Provides integrated banking features for apps and marketplaces.
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Human Resources and Administration
2 people
Leadership Team
1 people
Finance and Accounting
1 people
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Funding Insights of MatchMove
MatchMove has successfully raised a total of $156M across 6 strategic funding rounds. The most recent funding activity was a Series D round of $100 million completed in June 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 6
- Last Round Series D — $100.0M
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First Round
First Round
(06 Jan 2015)
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2021 | Amount | Series D - MatchMove | Valuation | Nityo |
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| Sep, 2020 | Amount | Series C - MatchMove | Valuation | Singapura Finance | |
| Oct, 2019 | Amount | Series A - MatchMove | Valuation | Singapura Finance |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in MatchMove
MatchMove has secured backing from 9 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Credit Saison, Singapura Finance and PT Kresna Graha Investama. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Growth-stage venture capital is invested in Singapore and China.
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Founded Year | Domain | Location | |
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NTT Group backed venture capital fund
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Founded Year | Domain | Location | |
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Early-stage tech ventures in the US and Asia are funded.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by MatchMove
MatchMove has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Shopmatic. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Cloud-based shopping cart solutions with payments and logistics are provided.
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2014 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - MatchMove
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Matchmove Comparisons
Competitors of MatchMove
MatchMove operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Comviva, Zoop, Ondot Systems, Yoyo Wallet and PayKey, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Software platforms for telecommunications, digital payments, and experiences are provided.
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| domain | founded_year | HQ Location |
White-label payment solutions are provided for branded transaction processing.
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| domain | founded_year | HQ Location |
Card-linked marketing solutions are offered to banks and financial institutions.
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| domain | founded_year | HQ Location |
Rewards-based coalition loyalty platform
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| domain | founded_year | HQ Location |
Embedded banking solutions are provided by PayKey for banks.
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| domain | founded_year | HQ Location |
White-labeled mobile payment solutions are provided for businesses.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Matchmove
Frequently Asked Questions about MatchMove
When was MatchMove founded?
MatchMove was founded in 2009 and raised its 1st funding round 6 years after it was founded.
Where is MatchMove located?
MatchMove is headquartered in Singapore, Singapore.
Is MatchMove a funded company?
MatchMove is a funded company, having raised a total of $156M across 6 funding rounds to date. The company's 1st funding round was a Series A of $5M, raised on Jan 06, 2015.
What is the annual revenue of MatchMove?
Annual revenue of MatchMove is $1.04M as on Dec 31, 2020.
What does MatchMove do?
MatchMove was founded in 2009 in Singapore and operates in the fintech sector. White-label mobile wallet solutions are provided to businesses, enabling online and offline purchases. Virtual cards are issued and linked to these wallets. QR-based payments are supported, along with integrations into websites for accepting online transactions. Operations focus on payment facilitation across digital and physical channels.
Who are the top competitors of MatchMove?
MatchMove's top competitors include Comviva, Zoop and Yoyo Wallet.
What products or services does MatchMove offer?
MatchMove offers Virtual Account, International Remittance, Loan Disbursement, Expense Management, and Digital Banking.
How many acquisitions has MatchMove made?
MatchMove has made 1 acquisition, including Shopmatic.
Who are MatchMove's investors?
MatchMove has 9 investors. Key investors include Credit Saison, Singapura Finance, PT Kresna Graha Investama, Nityo, and Vickers Venture Partners.
What is MatchMove's valuation?
The valuation of MatchMove is $338M as of Sep 2020.
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