Bankly

Malaysia
Kampung Bertam Ulu, Melaka, Malaysia

Company profile

Bankly company profile

Bankly is a digital savings and peer to peer transfer product where users fund their wallet using tokens available on Bankly vouchers nationwide in a “Recharge to save” model. This cash digitisation system is similar to the telco mobile airtime top up and is currently available on MTN and 9mobile networks in Nigeria. Financial services has to be seen through the lenses of a fast moving consumer product in order to reach the last mile and the use of vouchers has been proven to be a successful cash digitisation system by the telecoms industry. Leveraging this existing consumer behaviour to drive financial inclusion, reduce cost of financial services and create a foundation to provide other financial services is where Bankly identifies huge potential and is poised to make an impact.

Business identity

Contact email
[email protected]
Operating status
Active
Company type
For Profit
Employee range
51-100 employees
Revenue range
$1M-$10M
Founded
2017-11-27

Headquarters

Country code
MY
Continent
Asia

Capital profile

Funding and company signals

Funding stage
Seed
Funding rounds
8
Total equity funding
$2.1M
Last funding
Seed / $2M / 2021-03-24
Last equity funding
Seed / $2M
Investors
10
Lead investors
3
Founders
2
Articles
24

Founders and investors

Founders

Fredrick AdamsTomilola Adejana

Lead investors

SAISThe Epic Groundwater ChallengeVault

Investors

MAGIC FundPlug and PlayRising Tide AfricaSAISStartupbootcamp