Soft Space Sdn Bhd

paymentspos/mobile pos

FOUNDING YEAR: 2012
LOCATION: Malaysia
Last Update: 01/05/2020

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About

Soft Space is mobile Point of Sales (mPOS) provider in the South East Asia region. It is currently present in 13 banks across Malaysia, Indonesia, Thailand, Singapore, Vietnam, Australia, New Zealand and Philippines.

Focus

PRODUCTS & SERVICES

MPOS

REVENUE MODEL

Partner Based Business Model

MAIN CLIENTS

Cabify

Oxfam,Paddle

Rocket Lawyer

SeatGeek

Tango,Ticketfly

Zomato

EXISTING PARTNERSHIPS

EMVCo Associate

Safenet

Samsung

DiGi

Sumitomo Mitsui Card

Traction

VALUATION / MARKET CAP:

$33 M in 2015

TRANSACTIONS VALUE:

$1 B

TRACTION COMMENT:

The startup has shipped 180,000 card readers across Asia. (May 2017)

People

NUMBER OF EMPLOYEES

11-50

INVESTORS:

Sumitomo Mitsui Card Company

Tan Sri

Transcosmos

Vincent Lee

KEY EMPLOYEES:

Chang Chew (CEO)

Chris Leong (CSO)

Momentum

FUNDED

YES

TOTAL FUNDING

$5.65 M

DATE OF LAST FUNDING

Apr 2018

TOTAL FUNDING COMMENT

The company is planning to use the fund to seek opportunities to diversify and boost its global reach into new markets(April 2018).

SEED & PRIOR FUNDING

$650 K

SEED CLOSED ON

Sep 2013

FUNDING SERIES

SERIES A  · $5 M  · May 2017

SERIES B  · ---  · Apr 2018

LISTED

NO

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