About Wakalu
Wakalu is a company based in Kuala Lumpur (Malaysia) founded in 2021. It operates as a B2B. Wakalu offers products and services including Earned Salary Access Platform. Wakalu operates in a competitive market with competitors including Clair, Payd, HariGaji, Setgaji and DapatGaji, among others.
- Headquarter Kuala Lumpur, Malaysia
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Sectors
Financial Services
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Phone
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Website
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- Legal Name Wakalu (1428575-D)
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
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Employee Count
Employee Count
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Products & Services of Wakalu
Wakalu offers a comprehensive portfolio of products and services, including Earned Salary Access Platform. 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 allows employees to withdraw earned salary early without fees.
Funding Insights of Wakalu
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Investments & Acquisitions by Wakalu
| 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 - Wakalu
| 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 |
Wakalu Comparisons
Competitors of Wakalu
Wakalu 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 Clair, Payd, HariGaji, Setgaji and DapatGaji, 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 |
Embedded Earned Wage Access solutions are provided for HR platforms.
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| domain | founded_year | HQ Location |
Payment processing solutions are offered to businesses and merchants.
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| domain | founded_year | HQ Location |
Provides earned wage access, salary tracking, financial education, payroll management, and employee benefits.
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| domain | founded_year | HQ Location |
An online lending platform providing comprehensive solutions for payday loans to individuals in need.
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| domain | founded_year | HQ Location |
On-demand salary benefits are delivered via an app-based platform.
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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 Wakalu
When was Wakalu founded?
Wakalu was founded in 2021.
Where is Wakalu located?
Wakalu is headquartered in Kuala Lumpur, Malaysia.
What does Wakalu do?
Wakalu is a financial technology service that enables employees to access their earned salary before payday through a simple digital platform. It partners with employers to facilitate this process without any interest, credit checks, or legal hassles, aiming to reduce financial stress. Based in Malaysia, it focuses on employee financial wellness and integrates with HR systems for seamless implementation. The service promotes better performance and happiness among workers by addressing immediate cash needs.
What products or services does Wakalu offer?
Wakalu offers Earned Salary Access Platform.