About Merchantrade
Merchantrade is a company based in Petaling Jaya (Malaysia) founded in 1996. Merchantrade has completed 1 acquisition, including Valyou. Merchantrade offers products and services including Money Transfer and Currency Exchange.
- Headquarter Petaling Jaya, Malaysia
- SectorsFinancial Services
- Website category Finance · Banking Credit and Lending
- Email••••••••
- Phone•••• ••••
- Website mtradeasia.com
- Social LinkedIn X Facebook YouTube
- Legal Name Merchantrade Asia Sdn Bhd
Products & Services of Merchantrade
Merchantrade offers a comprehensive portfolio of products and services, including Money Transfer and Currency Exchange.
International remittances are facilitated by Merchantrade via physical and digital channels for personal and business use
Currency exchange services are provided by Merchantrade to enable competitive foreign currency transactions
Funding Insights of Merchantrade
- Total Rounds 2
- Investors Count 2
All 2 funding rounds of Merchantrade with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
2 investors in total: 2 institutional.
Investors in Merchantrade
Merchantrade has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Kenanga and MCIS Life.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
MCIS Life is recognized as a provider of health and life insurance plans in Malaysia. | – | mcis.my | Petaling Jaya, Malaysia | |
Investment banking services are offered by Kenanga across Malaysia. | 1973 | kenanga.com.my | Kuala Lumpur, Malaysia |
Investor details for Merchantrade
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.
People of Merchantrade
27 people are tracked at Merchantrade (17 in leadership, 10 in team).
| Name | Role | Group |
|---|---|---|
Ramasamy Veeran | Chief Executive Officer | Leadership |
Danishkumar . | Chief Technology Officer | Leadership |
Joanne Kow | Executive Vice President - Customer Excellence | Leadership |
Nadia Farhana Hassan | Vice President Human Capital | Leadership |
Ming Wei Lee | Chief Financial Officer | Leadership |
Chalini Sokayah | Vice President | Leadership |
William Cheah | Executive Vice President, Finance | Leadership |
Ivan Alias | Chief Commercial Officer (cco) | Leadership |
Mikaeel Abdullah | Senior Vice President - Enterprise Sales | Leadership |
Uma S. | Assistant Vice President - Strategy | Leadership |
Baarathi Gunalan | Assistant Vice President- Card Operations | Leadership |
Cindy Loo | Executive Vice President - Payment | Leadership |
Sudhir Raj Kumar | Assistant Vice President - Legal & Regulatory | Leadership |
Nik Muhammad Husaini | Vice President - IT Security | Leadership |
Sreenath Kandarpah | Senior Vice President - Head Of IT Security & Transformation | Leadership |
Leong Hoey Feng | VP - Data Solution Architect | Leadership |
Kanagasundari Suppiah | VP - Human Capital | Leadership |
Hafiz Azri | Executive Information Technology Changes And Incident | Team |
Syadhis Naidu | Senior Finance Executive | Team |
Thilagavathi Kumaran | Assistant Manager - Employee Relations | Team |
7 more people are available in the full profile.
Complete people profiles for Merchantrade
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.
Investments & Acquisitions by Merchantrade
Merchantrade has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Valyou.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Online remittance and money transfer services are facilitated. | valyou.com.my | Kuala Lumpur, Malaysia | 2016 | Sep 2020 | •••• |
Complete acquisition details for Merchantrade
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 Merchantrade
4 dated milestones of Merchantrade across 25 years, from founding to its latest funding, stage changes and deals.
- Founded Merchantrade is founded.
- Acquisition Acquires Valyou.
- Funding First funding round.
- Funding Latest funding round, Unspecified,.
Web traffic of Merchantrade
The website of Merchantrade (mtradeasia.com) receives about 34.4K visits a month and ranks #717,038 among all websites worldwide, #8,676 in Banking Credit and Lending.
- Monthly visits34.4K
▼ 29.6% vs previous month
- Unique visitors18.5K
per month
- Global rank#717,038
among all websites
- Category rank#8,676
Finance · Banking Credit and Lending
- Bounce rate53%
- Pages per visit1.7
- Average visit52 sec
- DevicesDesktop 42% · Mobile 58%
Websites whose visitors overlap most with Merchantrade. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| eremit.com.my | 100% | 2.6K | #5,048,337 | View details | |
| hr2eazy.com | 88% | – | #830,019 | View details | |
| merchantrademoney.com | 83% | – | #732,341 | View details | |
exiap.com.my | exiap.com.my | 70% | – | #1,566,753 | – |
| touchngo.com.my | 70% | 955.5K | #32,473 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 11 similar websites and full traffic analytics for Merchantrade
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 11 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Similar companies to Merchantrade
10 companies that operate in the same segment as Merchantrade (Payments & Remittance Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Digital payments, financial services, and e-commerce platforms are provided. | 2000 | Noida, Uttar Pradesh, India | USD 4.14 B | – | – | |
Payment, financial, investment, and lending services are provided digitally. | 2012 | Bengaluru, Karnataka, India | USD 1.71 B | – | – | |
Payment processing and card issuance solutions are provided for businesses. | 2009 | San Francisco, California, United States | USD 9.81 B | – | – | |
Cloud-based accounts payable and receivable software for businesses | 2006 | Palo Alto, California, United States | USD 325.6 M | USD 1.65 B | 2,360 | |
Payment and business banking solutions are provided for enterprises. | 2014 | Bengaluru, Karnataka, India | USD 742 M | USD 302.19 M | 2,641 | |
Spend management and accounts payable solutions are delivered to businesses. | 2019 | New York, New York, United States | USD 3.21 B | – | – | |
Payment acceptance and processing solutions provider for businesses | 2018 | Gurugram, Haryana, India | USD 604.02 M | USD 179.52 M | 709 | |
Business spends, payments, and rewards are streamlined by automated workflows. | 2011 | Hyderabad, Telangana, India | USD 13.75 M | USD 149.43 M | 431 | |
Online payment processing and credit solutions are provided for businesses. | 2002 | Amsterdam, Netherlands | USD 35.15 M | USD 5.47 B | 1,200 | |
SaaS-driven credit card and spend management solutions platform for businesses | 2017 | Draper, Utah, United States | USD 1.16 B | – | 1 |
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Frequently Asked Questions about Merchantrade
Merchantrade was founded in 1996 and raised its 1st funding round 24 years after it was founded.
Merchantrade is headquartered in Petaling Jaya, Malaysia. It is registered at Petaling Jaya, Selangor, Malaysia.
Annual revenue of Merchantrade is $47.36M as on Dec 31, 2022.
Founded in 1996 and based in Petaling Jaya, Malaysia, the company operates as a Money Service Business, Digital Service Provider, and Mobile Virtual Network operator. International money transfers, foreign currency exchange, wholesale banknotes, digital payment processing, and mobile telecommunications form its core activities. Services are extended across borders with a focus on the Asian region.
Merchantrade offers Money Transfer and Currency Exchange.
Merchantrade has made 1 acquisition, including Valyou.
Merchantrade operates through Merchantrade Asia Sdn Bhd.