Jirnexu

bankingtechsales & marketing

FOUNDING YEAR: 2012
LOCATION: Malaysia
Last Update: 17/07/2020

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About

At Jirnexu, were building anytime/anywhere customer acquisition and life-cycle management solutions. Jirnexu enables banks, insurance companies, and service providers to think mobile-first and innovate the way they generate leads online, turn those leads into customers, handle their fulfillment, and keep them loyal. Our company enjoys the unique position of being Asias only full stack FinTech solutions provider.~ OUR BRANDS & SOLUTIONS ~ - XpressApply enables FSIs to innovate and handle 3x more secure digital application submissions per agent, per day.- RinggitPlus empowers Malaysian consumers to make better decisions and to save money for those things that matter most to them.- KreditGoGo is RinggitPlus' sister brand for the Indonesian market.

MEDICI Analysis

Saving Plus was rebranded as Jirnexu in May 2016. Jirnexu is a technology provider for banking institutions. The company enables banks, insurance companies and service providers to go mobile-first and helps them generate leads online, turn their leads into customers, handle their fulfillment and keep them loyal. The company also offers financial comparison tools to save money and make accurate decisions with the data. Jirnexu owns financial comparison websites RinggitPlus in Malaysia and KreditGoGo in Indonesia.

Focus

PRODUCTS & SERVICES

Customer acquisition and life-cycle management platform for banking institutions & insurance companies XpressApply: A digital application workflow management solution and customer relationship management (CRM) platform for financial services institutions and telcos (to be revamped and launched in end 2016). RinggitPlus: a digital comparison and application website for various financial products in Malaysia. KreditGoGo: Provides similar services as RinggitPlus but for the Indonesian customer.

MAIN CLIENTS

Citibank

HSBC

Standard Chartered

AIA

Zurich

Manulife

and U4Life

as well as local banks BSN and RHB.

COMMENT

The company's financial comparison site has more than 1 million visitors per month, with a database of more than 550,000 consumers(March 2017).

company provided insights

Traction

TRACTION COMMENT:

The company has grown its client contracts 70 per cent Year-on-Year in 2018 with global and regional FIs such as Citibank, HSBC, Standard Chartered, UOB, Zurich and Allianz as well as local FIs such as RHB, CIMB, Public Bank and Etiqa. (Dec. 2018)

People

NUMBER OF EMPLOYEES

51-200

INVESTORS:

Celebes Artha Ventura

Cento Ventures

Experian

Gobi Partners

Mavcap

NTT Docomo Ventures

Nullabor

OSK Ventures International Berhad

SBI Group

SBI Holdings

SIG

SIG China (SIG Asia Investments)

Tuas Capital Partner

KEY EMPLOYEES:

Yuen Tuck Siew(CEO)

Hann Liew

Lucas Ooi

Cedric Viver

James Wong

Momentum

FUNDED

YES

TOTAL FUNDING

$13 M

DATE OF LAST FUNDING

Dec 2018

SEED & PRIOR FUNDING

$1.5 M

SEED CLOSED ON

May 2016

FUNDING SERIES

SERIES A  · $1.5 M  · Mar 2017

SERIES B  · $10 M  · Dec 2018

LISTED

NO

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