“MoneyMatch, a cross-border payment company headquartered in Kuala Lumpur, announced the closing of its series A fundraising round totaling 18.5 million ringgit (US$4.4 million),” reported e27, citing a statement.

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Cradle Seed Ventures and KAF Investment separately led the two tranches of the funding round in 2019 and 2021, respectively.MoneyMatch will use the new capital to reach Malaysians and Malaysian businesses in Singapore and Hong Kong. It is also eyeing a slot in its home country’s digital banking space.