About SenangPay
SenangPay is a company based in Petaling Jaya (Malaysia) founded in 2001 was acquired by Doku in July 2022. It operates as a B2B, and D2C. SenangPay offers products and services including Payment Gateway, Direct API, Recurring Payments, Shopping Cart Plugin, and Online Payment Form. SenangPay operates in a competitive market with competitors including Flutterwave, Xendit, PayU, Pine Labs and Opn, among others.
- Headquarter Petaling Jaya, 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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- Legal Name Simplepay Gateway Sdn Bhd
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Products & Services of SenangPay
SenangPay offers a comprehensive portfolio of products and services, including Payment Gateway, Direct API, Recurring Payments, Shopping Cart Plugin, and Online Payment Form. 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.
Platform for accepting various payment methods securely.
Enables secure payment redirects for business systems.
Automates repeated payments for services and fees.
Integrates with online stores for seamless transactions.
Allows instant payments without a full website.
Funding Insights of SenangPay
| 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 SenangPay
SenangPay has secured backing from 1 investor. Prominent investors backing the company include Doku. 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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Online payment solutions are provided for e-commerce and business sectors.
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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 SenangPay
| 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 - SenangPay
| 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 |
Senangpay Comparisons
Competitors of SenangPay
SenangPay 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 Flutterwave, Xendit, PayU, Pine Labs and Opn, 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 |
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| domain | founded_year | HQ Location |
Provider of payment processing solutions for businesses
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Online payment and money transfer platform for businesses
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| domain | founded_year | HQ Location |
Online payment processing and credit solutions are provided for businesses.
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| domain | founded_year | HQ Location |
Omnichannel payment solutions, loyalty programs, and business tools are provided.
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| domain | founded_year | HQ Location |
Integrated e-wallet and contactless payment solutions for businesses and consumers
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| domain | founded_year | HQ Location |
Digital payments are processed and managed via specialized solutions.
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| 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 SenangPay
When was SenangPay founded?
SenangPay was founded in 2001.
Where is SenangPay located?
SenangPay is headquartered in Petaling Jaya, Malaysia. It is registered at Petaling Jaya, Selangor, Malaysia.
What does SenangPay do?
senangPay operates as a payment gateway platform, enabling businesses to accept payments through methods like FPX, e-wallets, cards, and installments. It supports features such as API integrations, recurring payments, and split payments for e-commerce platforms and enterprises. Based in Kuala Lumpur, Malaysia, it serves over 160,000 businesses by simplifying transactions and ensuring security through partnerships with financial specialists. The service focuses on fair pricing and 247 support to facilitate seamless operations.
Who are the top competitors of SenangPay?
SenangPay's top competitors include PayU, Flutterwave and Xendit.
What products or services does SenangPay offer?
SenangPay offers Payment Gateway, Direct API, Recurring Payments, Shopping Cart Plugin, and Online Payment Form.
Who are SenangPay's investors?
SenangPay has 1 investor. Key investors include Doku.
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