What is iMoney.my?
Founded in 2012, iMoney.my serves as a comprehensive digital hub for personal finance, enabling consumers to navigate complex financial products with ease. By bridging the gap between financial institutions—including banks and government entities—and the everyday consumer, the company facilitates informed decision-making through its proprietary tools, such as the iMoney CreditScore. The platform's market position is reinforced by its extensive partner network, which includes over 50 financial service providers, allowing it to deliver high-impact, multichannel campaigns that drive financial literacy and product adoption.
How much funding has iMoney.my raised?
iMoney.my has raised a total of $6.5M across 3 funding rounds:
Angel/Seed
$500K
Series A
$2M
Private Equity
$4M
Angel/Seed (2013): $500K with participation from Asia Venture Group
Series A (2013): $2M led by Jungle Ventures, IMJ Fenox, Rebright Partners, Fenox Venture Capital, 500.com, ECONA AG, and Vogel Ventures
Private Equity (2014): $4M supported by iSelect Ltd.
Key Investors in iMoney.my
Asia Venture Group
Asia Venture Group provides innovative solutions and services tailored to client needs, focusing on enhancing user experience through data analysis and website optimization.
iSelect Ltd.
Founded in 2000, iSelect is a prominent Australian full-service insurance provider offering a wide range of life, travel, and property coverage solutions.
Jungle Ventures
Jungle Ventures is a leading independent venture capital firm in Southeast Asia, dedicated to investing in early and growth-stage startups to build scalable, sustainable businesses.
What's next for iMoney.my?
With the support of its latest strategic backing, iMoney.my is well-positioned to accelerate its product innovation and deepen its market penetration. The company is expected to leverage this capital to enhance its technological infrastructure, potentially expanding its suite of automated financial tools and broadening its reach within the competitive fintech ecosystem. As the firm continues to refine its value proposition, the focus remains on scaling sustainable growth and maintaining its status as a trusted intermediary in the personal finance sector.
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