
Instapay Technologies
An e-wallet plus pre-paid Mastercard, is specially designed to enhance payroll management of businesses.
USD | 2022 | 2023 |
---|---|---|
Revenues | 0000 | 0000 |
% growth | - | 39 % |
EBITDA | 0000 | 0000 |
Profit | 0000 | 0000 |
EV | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x |
R&D budget | 0000 | 0000 |
Source: Dealroom estimates
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InstaPay Technologies is a financial technology company based in Malaysia that specializes in digital wallet solutions and payroll management. The company primarily serves businesses and migrant workers, offering a white-labeled e-wallet and Mastercard that facilitate seamless, compliant, and sustainable financial transactions. Operating in the fintech market, InstaPay's business model revolves around providing digital financial services that enhance payroll management and financial inclusion. The company generates revenue through service fees, partnerships, and transaction charges. InstaPay's solutions are designed to simplify payroll processes, reduce reliance on cash, and promote financial inclusion among underserved populations. Key clients include businesses in various sectors such as waste management and food and beverage, who benefit from the streamlined payroll services and digital financial tools provided by InstaPay. The company also collaborates with global partners like Ria Money Transfer and Onfido to enhance its service offerings and ensure secure identity verification. InstaPay's mission is to make a positive impact on people's lives by overcoming technological barriers and promoting financial literacy.
Keywords: digital wallet, payroll management, financial inclusion, Malaysia, migrant workers, fintech, Mastercard, identity verification, sustainable finance, business solutions.