Versa Asia Sdn Bhd secures RM30 million in series A funding led by AHAM Capital. The funds will be used to accelerate user acquisition and execute the company's product roadmap.
Versa Asia Sdn Bhd secures RM30 million in series A funding led by AHAM Capital. The funds will be used to accelerate user acquisition and execute the company's product roadmap.
03/19/25, 7:09 AM
Location
kuala lumpurMoney raised
rm30 million
Industry
fintech
finance
Round Type
series a
Investors
Teoh Wei Xiang, Tengku Fahad Mua'adzam Shah, Aham Asset Management Bhd
Versa Asia Sdn Bhd has completed its series A funding round, securing RM30 million in investment from AHAM Asset Management Bhd. This funding will help accelerate user acquisition and enhance its innovative solutions in wealth management. The investment marks one of AHAM Capital’s largest, showcasing their confidence in Versa’s potential. Other notable investors include Tengku Fahad Mua'adzam Shah and Versa's CEO Teoh Wei-Xiang.
Company Info
Location
kuala lumpur, kuala lumpur, malaysia
Additional Info
Versa is a digital wealth management app dedicated to empower Malaysians from all walks of life to achieve financial wellness. The app makes saving and investing simple via its partnership with AHAM Capital Asset Management (formerly known as Affin Hwang Asset Management), and highly accessible by introducing low entry amounts, low fees and flexibility that allows users to withdraw anytime without incurring penalties.