{"id":568803,"date":"2025-06-23T08:29:48","date_gmt":"2025-06-23T07:29:48","guid":{"rendered":"https:\/\/ibsintelligence.com\/?post_type=ibsi_news&p=568803"},"modified":"2025-06-23T08:29:48","modified_gmt":"2025-06-23T07:29:48","slug":"instapay-raises-3m-to-expand-digital-payments-and-b2b-remittances","status":"publish","type":"ibsi_news","link":"https:\/\/ibsintelligence.com\/ibsi-news\/instapay-raises-3m-to-expand-digital-payments-and-b2b-remittances\/","title":{"rendered":"Instapay raises $3m to expand digital payments and B2B remittances"},"content":{"rendered":"

\"Instapay\"<\/p>\n

Instapay<\/a> Technologies, a Malaysian FinTech platform focused on inclusive financial services and digital payments<\/a>, has raised $3 million in its Series A2 funding round.<\/p>\n

The funding follows Instapay\u2019s $4.75 million Series A round in September 2022, showing continued investor confidence and steady business growth.<\/p>\n

Instapay will allocate the new capital to expand its digital product suite, cross-border payment infrastructure, and enter new regional markets. A key focus will be on scaling its foreign worker payroll ecosystem, a segment vital to financial inclusion in Malaysia, and advancing its Glyd Corporate Expense Management platform through the rollout of B2B remittance capabilities.<\/p>\n

The round was led by a consortium of U.S.-based family offices, with continued support from ACA Investments, a Singapore-based Japanese investment firm and existing shareholder.<\/p>\n

Rajnish Kumar, CEO of Instapay, said,<\/strong> “We are thrilled to close this latest funding round, which comes at a pivotal moment in our growth journey. While we are already profitable and cash flow positive, this strategic injection of capital allows us to fast-track innovation and scale operations in our high-growth remittance business. Our Glyd platform is set to redefine B2B cross-border expense management, and this investment strengthens our ability to deliver a seamless, compliant, and user-centric experience.”<\/p>\n

The Glyd platform, designed for enterprises, offers automated expense management, real-time payroll disbursement, and now, secure, compliant cross-border transfers, helping businesses manage workforce-related payments more efficiently.<\/p>\n

Hajime Adachi, Partner at ACA Investments,<\/strong> said, \u201cSince our initial investment, Instapay has achieved more than tenfold growth in topline revenue and reached profitability, a rare feat among early-stage FinTechs. With a full suite of regulatory licenses and robust momentum across its core verticals, Instapay is ideally positioned to lead in both consumer and enterprise FinTech across Southeast Asia.\u201d<\/p>\n

Instapay is now charting a roadmap that includes regional partnerships, expanded regulatory engagement, and further Shariah-compliant service enhancements.<\/p>\n

 <\/p>\n","protected":false},"author":35851,"featured_media":568804,"parent":0,"template":"","categories":[11395,42764,41795,11378,11384],"tags":[12663,11668,12004,11438,11549,11515,12003,12123,11702,12801],"class_list":["post-568803","ibsi_news","type-ibsi_news","status-publish","has-post-thumbnail","hentry","category-analytics","category-digital-payments","category-mobile-banking","category-open-banking","category-payments","tag-ai","tag-cross-border-payments","tag-digital-lending","tag-digital-payments","tag-financial-services","tag-fintech","tag-malaysia","tag-online-payments","tag-payment-processing","tag-payments"],"acf":[],"yoast_head":"\nInstapay raises $3M to expand digital payments<\/title>\n<meta name=\"description\" content=\"Instapay Technologies, a Malaysian FinTech platform focused on inclusive financial services and digital payments, has raised $3 million.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ibsintelligence.com\/ibsi-news\/instapay-raises-3m-to-expand-digital-payments-and-b2b-remittances\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Instapay raises $3m to expand digital payments and B2B remittances\" \/>\n<meta property=\"og:description\" content=\"IBS Intelligence (IBSi) is the world\u2019s only pure-play Financial Technology focused research, advisory, and fintech news analysis firm, with a 30-year track record and clients globally. 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