About MatchMove
MatchMove is a Financial Services company based in Singapore (Singapore) founded in 2009. White-label mobile wallets are offered to businesses for payments. 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 was last valued at $338 million in September 2020. MatchMove offers products and services including Virtual Account, International Remittance, Loan Disbursement, Expense Management, and Digital Banking. Its focus areas include FinTech, Payments, Enablers and White Label Solutions. Its legal entity is MatchMove Pay Pte Ltd.
Company details
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.
- Headquarters Singapore, Singapore
- Stage Minicorn
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website matchmove.com
- Social LinkedIn X Facebook
- Legal Name Matchmove Pay Pte Ltd
- Annual Revenue$1.04 M (USD)-86as on Dec 31, 2020
- Net Profit-$11.07 M (USD)-16as on Dec 31, 2020
- EBITDA$776.05 (USD)432as on Dec 31, 2015
- Total Equity Funding$156M (USD)
in 6 rounds
- Latest Funding Round$100M (USD), Series D
Jun 2021
- InvestorsCredit Saison
& 8 more
- Investments & Acquisitions
Associated legal entities of MatchMove
MatchMove is associated with 2 registered companies on The Company Check. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Matchmove Paytech India Private Limited CIN U65990KA2019FTC122508 | Active | 19 Mar 2019 | Bangalore, Karnataka | ₹0.0 Cr | 3 | View details | |
| Matchmove India Private Limited CIN U72200KA2014FTC110964 | Active | 12 Aug 2014 | Bangalore, Karnataka | ₹1.3 Cr | 33 | 3 | View details |
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.
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.
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 $156M
- Total Rounds 6
- Last Round Series D — $100M
- First Round $30M
(Jan 2015)
- Investors Count 9
All 6 funding rounds of MatchMove with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2021 | $100M | Series D | – | Nityo | – |
| Sep 2020 | $21M | Series C | $338M | Singapura Finance | |
| Oct 2019 | $5M | Series A | – | Singapura Finance | |
| May 2019 | Series A | – | Ntt Docomo Ventures | – | |
| Apr 2018 | Series A | – | PT Kresna Graha Investama | – | |
| Jan 2015 | $30M | Series A | – | Credit Saison |
| Date | Valuation | Stage |
|---|---|---|
| Sep 2020 | $338M | •••••••• |
Last known valuation $338M (Sep 2020). 9 investors in total: 8 institutional and 1 angel.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Growth-stage venture capital is invested in Singapore and China. | vickersventure.com | Singapore, Singapore | ||
NTT Group backed venture capital fund | nttdocomo-v.com | Minato, Japan | ||
Early-stage tech ventures in the US and Asia are funded. | gmo-vp.com | Shibuya, Japan | ||
Provides IT services, digital transformation, cloud, and AI solutions globally. | 2006 | nityo.com | Pittsburgh, United States | |
Commercial banking services are provided in Singapore. | 1969 | singapurafinance.com.sg | Singapore, Singapore | |
Iconic World is recognized for honoring innovative design and architecture. | iconic-world.com | Frankfurt, Germany | ||
Investment management services are provided in Jakarta, Indonesia. | 1999 | kresnainvestments.com | Jakarta, Indonesia | |
Business loans are provided to companies by Credit Saison. | 1951 | corporate.saisoncard.co.jp | Toshima City, Japan | |
RS Rudi S Komajaya | unknown_6f4223aff62d4d688 |
Investor details for MatchMove
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of MatchMove
The boards of the 2 registered companies of MatchMove currently have 3 directors; the longest-serving is Naik Shaileshkumar Sumantrai, appointed in 2019. 11 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Naik Shaileshkumar Sumantrai DIN 06879850 | Director | 19 Mar 2019 | 7 yrs 7 mo | Matchmove Paytech India Private Limited, Matchmove India Private Limited |
| Leow Hsueh Huah DIN 06879854 | Director | 19 Mar 2019 | 7 yrs 7 mo | Matchmove Paytech India Private Limited, Matchmove India Private Limited |
| Ekta Gupta DIN 07334106 | Director | 25 Jul 2023 | 3 yrs 3 mo | Matchmove Paytech India Private Limited, Matchmove India Private Limited |
People of MatchMove
4 people are tracked at MatchMove (4 in leadership).
| Name | Role | Group |
|---|---|---|
Shailesh N. | Founder & CEO | Leadership |
Payel Purkayastha | Associate Director Human Resources | Leadership |
Nicole Poon | Chief Human Resources Officer (chro) | Leadership |
Daniel Stuart-Smith | Chief Financial Officer | Leadership |
Complete people profiles for MatchMove
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of MatchMove
Figures of Matchmove Paytech India Private Limited, the primary company behind MatchMove, for FY 2025. Revenue was ₹1 Lakh. Net loss was -₹1.8 Lakh (-175% margin). EBITDA was -₹1.8 Lakh (-175% margin). Revenue has grown at a compounded annual rate of -22% over three years and -19% over five years.
- ₹1 LakhRevenue · FY 2025
- -₹1.8 LakhNet loss · -175% margin
- -₹1.8 LakhEBITDA · -175% margin
- ₹5.01 CrPaid-up capital
- -22%Revenue CAGR, 3 years
- -19%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Matchmove Paytech India Private Limited are on its company page.
Detailed financial statements for MatchMove
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Investments & Acquisitions by MatchMove
MatchMove has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Shopmatic.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Cloud-based shopping cart solutions with payments and logistics are provided. | goshopmatic.com | Singapore | 2014 | May 2022 | $200M |
Complete acquisition details for MatchMove
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of MatchMove
5 dated milestones of MatchMove across 13 years, from founding to its latest funding, stage changes and deals.
- Founded MatchMove is founded.
- Funding First funding round of $30.0M.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series D, of $100.0M.
- Acquisition Acquires Shopmatic.
Web traffic of MatchMove
The website of MatchMove (matchmove.com) receives about 8.4K visits a month.
- Monthly visits8.4K
▲ 281.6% vs previous month
Websites whose visitors overlap most with MatchMove. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
en.wikipedia.org | en.wikipedia.org | 100% | – | ||
| facebook.com | 96% | 12.1B | #3 | View details | |
| matchmovegames.com | 92% | View details | |||
| mindjolt.com | 69% | View details |
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Related news about Matchmove
Complete news archive for MatchMove
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
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Frequently Asked Questions about MatchMove
MatchMove was founded in 2009 and raised its 1st funding round 6 years after it was founded.
MatchMove is headquartered in Singapore, Singapore.
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 $30M, raised on Jan 2015.
Annual revenue of MatchMove is $1.04M as on Dec 31, 2020.
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.
MatchMove offers Virtual Account, International Remittance, Loan Disbursement, Expense Management, and Digital Banking.
MatchMove has made 1 acquisition, including Shopmatic.
MatchMove has 9 investors. Key investors include Credit Saison, Singapura Finance, PT Kresna Graha Investama, Nityo, and Vickers Venture Partners.
The valuation of MatchMove is $338M as of Sep 2020.
MatchMove is associated with 2 legal entities: Matchmove Paytech India Private Limited, Matchmove India Private Limited.
The legal entities of MatchMove currently have 3 directors, including Ekta Gupta, Naik Shaileshkumar Sumantrai, Leow Hsueh Huah.