Curlec to bring direct debit online for Malaysian people

Monday 22 June 2020 14:52 CET | News

Malaysia-based fintech Curlec has secured funding from 500 startups.

The company will use the funds to expand its operations and will be hiring more staff. It will also focus on establishing banking and software integration partnerships in order to help it scale its business in Southeast Asia.

Malaysian businesses have been using direct debit for many years. However, only large companies have had access to it, as they’re better equipped to handle all the paperwork involved with supporting the direct debit option. Curlec aims to bring direct debit online so that Malaysia’s small businesses can begin using it to settle transactions.

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Keywords: Malaysia, fintech, Curlec, SMEs, payments , direct debit, banks, transactions , startups, banking, software, partnership, Southeast Asia
Categories: Banking & Fintech
Countries: Malaysia
This article is part of category

Banking & Fintech