Merchantrade

Petaling Jaya, Malaysia Founded: 1996 • Age: 30 yrs
Cross-border money transfers and currency exchange services are offered.
Annual revenue $47.4M Latest available
Total funding - 2 rounds
Employees - Tracked headcount
Investors 2 Known backers
Products 2 Services tracked
Competitors - Brand Intelligence

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
  • Sectors
    Financial Services
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Merchantrade Asia Sdn Bhd
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Financial Services → Banking & Financial Institutions Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $47.36 M (USD)
    11
    as on Dec 31, 2022
  • Net Profit
    -$4.19 M (USD)
    -17
    as on Dec 31, 2022
  • EBITDA
    -$5.29 M (USD)
    -19
    as on Dec 31, 2022
  • Latest Funding Round
    Not available
  • Investors
    Kenanga

    & 1 more

  • Employee Count
    Not available
  • Investments & Acquisitions
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Products & Services of Merchantrade

Merchantrade offers a comprehensive portfolio of products and services, including Money Transfer and Currency Exchange.

Product name locked
Category locked
Primary

International remittances are facilitated by Merchantrade via physical and digital channels for personal and business use

Product name locked
Category locked
Locked

Currency exchange services are provided by Merchantrade to enable competitive foreign currency transactions

People of Merchantrade

Headcount 500-1000
Employee Profiles 27
Employee Profiles
People
Hafiz Azri
Executive Information Technology Changes And Incident
People
Danishkumar .
Chief Technology Officer
People
Joanne Kow
Executive Vice President - Customer Excellence
People
Nadia Farhana Hassan
Vice President Human Capital

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Funding Insights of Merchantrade

Investors in Merchantrade

Merchantrade has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Kenanga and MCIS Life.

All
Institutional
Investor Description Founded Year Domain Location
MCIS Life is recognized as a provider of health and life insurance plans in Malaysia.
Locked Locked Locked
Investment banking services are offered by Kenanga across Malaysia.
Locked Locked Locked
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Investor details for Merchantrade

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

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.

Investments
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Investment portfolio details for Merchantrade

Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.

  • Portfolio identities
  • Transaction dates
  • Round details
  • Investment values

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Acquisitions
Company Name Description Domain Location Founded Year Amount
Online remittance and money transfer services are facilitated.
Locked Locked 2016 Locked
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Complete acquisition details for Merchantrade

Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.

  • Transaction dates
  • Acquired stakes
  • Disclosed values
  • Domains and locations

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Financial Statements - Merchantrade

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Detailed financials for Merchantrade

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  • Historical revenue
  • Profit trends
  • Statement rows
  • Financial ratios

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Merchantrade Comparisons

Merchantrade Primary company
Description
Cross-border money transfers and currency exchange services ...
Location
Petaling Jaya, Malaysia
Founded Year
1996
Annual Revenue
$47.36 M (USD)
Net Profit
-$4.19 M (USD)
EBITDA
-$5.29 M (USD)
Employees
Not available
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Peer comparison for Merchantrade

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  • Named peers
  • Headcount comparison
  • Funding comparison
  • Operating benchmarks

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Competitors of Merchantrade

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Detailed competitors of Merchantrade

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  • Domains and locations
  • Full company profiles
  • Operating metrics
  • Competitive positioning

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Latest news on Merchantrade

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Complete news archive for Merchantrade

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  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

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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 has 2 investors. Key investors include Kenanga, and MCIS Life.

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