About MyCash Money
MyCash Money is a company based in Cyberjaya (Malaysia) founded in 2016 was acquired by INFT in March 2022.. MyCash Money has raised $301.16 thousand across 1 funding round from investors including INFT. MyCash Money operates in a competitive market with competitors including BlueKite, xCurrency, Quippi, Easy Transfer and Pax Credit, among others.
- Headquarter Cyberjaya, Malaysia
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Sectors
Financial Services
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Phone
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Website
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Social
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Funding Insights of MyCash Money
MyCash Money has successfully raised a total of $301.16K through 1 strategic funding round. The most recent funding activity was a Seed round of $301.16 thousand 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 Seed — $301,155
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First Round
First Round
(29 Jun 2017)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2017 | Amount | Seed - MyCash Money | Valuation |
investors |
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| 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 MyCash Money
MyCash Money has secured backing from 1 investor. Prominent investors backing the company include INFT. 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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Digital banking services are offered to businesses via mobile apps.
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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 MyCash Money
| 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 |
Financial Statements - MyCash Money
| 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 |
Mycash Money Comparisons
Competitors of MyCash Money
MyCash Money 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 BlueKite, xCurrency, Quippi, Easy Transfer and Pax Credit, 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 |
Cross-border bill payments and remittances
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| domain | founded_year | HQ Location |
Forex rate converter and remittance services
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| domain | founded_year | HQ Location |
US-Mexico cross border gift cards
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| domain | founded_year | HQ Location |
Cross-border transfers for education fee payments are enabled.
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| domain | founded_year | HQ Location |
Provides a platform for cross-border payments tailored to international students.
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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 Mycash Money
Frequently Asked Questions about MyCash Money
When was MyCash Money founded?
MyCash Money was founded in 2016 and raised its 1st funding round 1 year after it was founded.
Where is MyCash Money located?
MyCash Money is headquartered in Cyberjaya, Malaysia. It is registered at Cyberjaya, Selangor, Malaysia.
Is MyCash Money a funded company?
MyCash Money is a funded company, having raised a total of $301.16K across 1 funding round to date. The company's 1st funding round was a Seed of $301.16K, raised on Jun 29, 2017.
What does MyCash Money do?
MyCash Money, founded in 2016 in Cyberjaya, Malaysia, focuses on innovating financial technology, digital remittance, internet first platforms, p2p remittance, payment-in-kind, and diversified. App-based remittance platform for unbanked migrant workers. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
Who are the top competitors of MyCash Money?
Who are MyCash Money's investors?
MyCash Money has 1 investor. Key investors include INFT.