About MOL AccessPortal
MOL AccessPortal is a company based in Kuala Lumpur (Malaysia) founded in 2000 by Ramlee Bin Jaafar was acquired by Razer in April 2018.. MOL AccessPortal has raised $20 million across 1 funding round from investors including Razer. MOL AccessPortal has completed 5 acquisitions, including AyoPay, Friendster and PaytoGo. MOL AccessPortal offers products and services including Game Recharge and Entertainment Recharge.
- Headquarter Kuala Lumpur, Malaysia
- Founders Ramlee Bin Jaafar
- Stage Public
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- Legal Name Mol Accessportal Private Limited
- Date of Incorporation 18 Feb, 2008
- Jurisdiction Bangalore, Karnataka, India
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Products & Services of MOL AccessPortal
MOL AccessPortal offers a comprehensive portfolio of products and services, including Game Recharge and Entertainment Recharge. 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.
Recharge services for games are provided through online platforms
Recharge services for entertainment are offered via web-based systems
Funding Insights of MOL AccessPortal
MOL AccessPortal has successfully raised a total of $20M through 1 strategic funding round. The most recent funding activity was a Private Equity Round round of $20 million completed in June 2017. 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 1
- Last Round Private Equity Round — $20.0M
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First Round
First Round
(20 Jun 2017)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jun, 2017 | Amount | Private Equity Round - MOL AccessPortal | Valuation |
investors |
| 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 MOL AccessPortal
MOL AccessPortal has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Razer. 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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Gaming hardware and accessories are developed for players.
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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 MOL AccessPortal
MOL AccessPortal has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include AyoPay, Friendster and PaytoGo. 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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Payment solutions are provided via online platform in Turkey.
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2011 | ||||
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Online payment platform for gaming is provided.
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2009 | ||||
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Online games distribution and payment gateway services are provided.
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2006 |
| 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 - MOL AccessPortal
| 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 |
Mol Accessportal Comparisons
Competitors of MOL AccessPortal
| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Frequently Asked Questions about MOL AccessPortal
When was MOL AccessPortal founded?
MOL AccessPortal was founded in 2000 and raised its 1st funding round 17 years after it was founded.
Where is MOL AccessPortal located?
MOL AccessPortal is headquartered in Kuala Lumpur, Malaysia.
Who is the current CEO of MOL AccessPortal?
Poh Beng Soon is the current CEO of MOL AccessPortal.
Is MOL AccessPortal a funded company?
MOL AccessPortal is a funded company, having raised a total of $20M across 1 funding round to date. The company's 1st funding round was a Private Equity Round of $20M, raised on Jun 20, 2017.
What does MOL AccessPortal do?
MOL AccessPortal was established in 2000 in Kuala Lumpur, Malaysia, within the fintech sector. An online micropayment system called MOLPoints is maintained, enabling tokens to be distributed to users for acquiring digital games, products, and services from local portals. Transactions are supported across physical outlets, online platforms, and mobile channels, facilitating payments in various formats. Leadership includes Poh Beng Soon as CEO and Ramlee Bin Jaafar as Co-Founder and CTO.
What products or services does MOL AccessPortal offer?
MOL AccessPortal offers Game Recharge and Entertainment Recharge.
How many acquisitions has MOL AccessPortal made?
MOL AccessPortal has made 5 acquisitions, including AyoPay, Friendster, and PaytoGo.
Who are MOL AccessPortal's investors?
MOL AccessPortal has 1 investor. Key investors include Razer.
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