This article has multiple issues. Please help improve it or discuss these issues on the talk page . (Learn how and when to remove these messages)
|
Company type | Private |
---|---|
Industry | Financial technology |
Founded | 2012 |
Headquarters | Kuala Lumpur, |
Key people | Yuen Tuck Siew (Chief Executive Officer) Liew Ooi Hann (Chief Financial Officer) James Barnes (Chief Operating Officer) Lucas Ooi (Chief Commercial Officer & Head of Insurance) Cedric Viver (Chief Technology Officer) James Wong (Chief Business Development Officer) |
Products | ringgitplus |
Services | Online financial aggregator, customer lifecycle management |
Number of employees | 51–100 (2017) |
Website | jirnexu |
Jirnexu Sdn Bhd is a Southeast Asian financial technology startup headquartered in Kuala Lumpur, Malaysia. [1] The company provides technology to help financial institutions manage different stages of the customer journey: marketing, acquisition, fulfilment and retention. [2] [3] It has business-to-business (B2B) and business-to-consumer (B2C) operations in Malaysia and Indonesia. [4] [5]
Jirnexu was formerly known as Saving Plus. [6] In 2012, former Citi banker Yuen Tuck Siew and James Barnes founded RinggitPlus.com, a comparison and application website for financial products in Malaysia. [7] [8] The website was officially launched in 2013 to allow comparison of and application for credit cards, home loans, car loans, investments and insurance schemes. [9]
In 2014, RinggitPlus.com merged with SaveMoney.my, an online portal that provides information on different credit cards, car loans, phone, travel and shopping in Malaysia. [10] SaveMoney.my was founded by Liew Ooi Hann and Lucas Ooi in 2012. [9] Following the merger, Saving Plus Sdn Bhd was incorporated while RinggitPlus.com continued to operate as a comparison website. [11]
In 2016, Saving Plus rebranded itself to Jirnexu; [4] [12] the name means "prosper" in Maltese. [13] The company launched XpressApply, an online application and CRM technology.[ citation needed ]
Several venture capital firms have funded Jirnexu, including SBI Group, Celebes Capital, NTT DoCoMo Ventures, Nullabor, Tuas Capital Partners, Anfield Equities, Digital Media Partners, Gobi Partners, OSK Ventures International Berhad and private investor Steve Melhuish. [14] [4] [15] [16]
In October 2017, Jirnexu reported having total funding of US$8.0 million. [17] [18]
Wave is a Canadian company that provides financial services and software for small businesses. Wave is headquartered in the East Bayfront neighborhood in Toronto, Canada.
Matt Fellowes is an American financial technology entrepreneur. He is the founder and CEO of United Income, a retirement-focused online investment management, and financial planning company based in Washington, D.C. He previously founded financial planning technology company HelloWallet, which was acquired by Morningstar, Inc. in 2014 for $52.5 million.
Kantox Ltd is a multinational fintech company that offers Currency Management Automation software for corporate clients. Their software automates the pre-trade, trade, and post-trade stages of the corporate foreign exchange (FX) workflow.
Earnest is a technology-enabled fintech lender headquartered in San Francisco, California that offers tertiary education financing products, including student loan refinancing and private student loans. The company evaluates a person’s full education, employment, and financial profile, in addition to their credit score in order to obtain a complete financial profile of each applicant. This type of credit is referred to as "merit-based lending."
Valar Ventures is a US-based venture capital fund founded by Andrew McCormack, James Fitzgerald and Peter Thiel in 2010. Historically, the majority of the firm's investments have been in technology startups based outside of Silicon Valley, including in Europe, the UK, the US and Canada. Valar Ventures originally spun out of Thiel Capital, Peter Thiel's global parent company based in San Francisco, and is now headquartered near Madison Square in Manhattan. The firm's namesake is the Valar of J. R. R. Tolkien's legendarium, who are god-like immortal spirits that chose to enter the mortal world to prepare it for their living creations.
Fintech, a clipped compound of "financial technology", refers to the application of innovative technologies to products and services in the financial industry. This broad term encompasses a wide array of technological advancements in financial services, including mobile banking, online lending platforms, digital payment systems, robo-advisors, and blockchain-based applications such as cryptocurrencies. Fintech companies include both startups and established technology and financial firms that aim to improve, complement, or replace traditional financial services.
iMoney is a personal finance company running a comparison platform.
Nova Founders Capital is a London-based venture capital firm and business incubator specialising in financial technology and other internet technologies related to financial services. It was founded in 2012. It has since founded some twenty ventures globally, including financial comparison platforms CompareAsiaGroup, CompareEuropeGroup, and Coru; POS financing platform Vendigo; and formerly digital marketing agency Lion & Lion.
Neighborly was a San Francisco–based financial technology startup focused on financing and deploying fiber-optic broadband infrastructure in communities around the U.S. The company aimed to deliver critical fiber broadband infrastructure to communities, and opportunities to investors interested in closing the digital divide.
EquityZen is an online marketplace for trading pre-IPO employee shares from privately held companies. The platform often links employees from private companies with investors who would not otherwise be able to invest in the company prior to an IPO. EquityZen is based in Manhattan's Flatiron District.
Funding Societies is a Southeast Asian digital financing platform for small and medium-sized enterprises (SMEs), headquartered in Singapore. It was the first such platform in Singapore to engage an escrow agency to independently and safely manage investors’ funds. In Indonesia it is known as Modalku. Since its launch, it has disbursed more than US$2.6 billion in business financing to MSMEs through more than 5.1 million loan transactions.
FinMkt, Inc. is a New York City-based financial technology company originally founded in 2014 as Crowdnetic and rebranding in 2016 to its current iteration, FinMkt. FinMkt then pivoted the technology to build a premier SaaS, multi-lender, omnichannel, customizable point of sale financing platform that launched in the summer of 2020.
Pocketbook is a Sydney-based free budget planner and personal finance app launched in 2012. The app helps users setup and manage budgets, track spending and manage bills. Pocketbook is the first personal finance app in Australia to offer users the ability to manage their money through linking their bank accounts. As of 2016 Pocketbook claims to support over 250,000 Australians, in January 2018 that number was 435,000.
Viola Group, established in 2000, is an Israeli private equity investment group with over $5 billion under management. Viola Group is focused on funding Israeli technology-based companies.
Nium is a Singapore-headquartered cross-border payments company. Initially founded by Prajit Nanu and Michael Bermingham, and launched as a consumer-remittance platform Instarem in 2014. In 2016, the company introduced its B2B payments platform and rebranded as Nium in 2019, subsequently elevating Pratik Gandhi to co-founder in 2021. However, Gandhi left Nium in October 2023, around the time Nium's Chief Product Officer also left the company and Nium announced a layoff of over 10% of its global staff.
Solaris SE is a credit institution licensed in Germany, with headquarters in Berlin and branches in London, Paris, Milan, Madrid and Vilnius.
Silverton Partners is an early-stage venture capital firm headquartered in Austin, Texas.
Venture capital in Poland is a segment of the private equity market that finances early-stage high-risk companies based in Poland, with the potential for fast growth. As of March 2019, there is a total of 130 active VC firms in Poland, including local offices of international VC firms, and VC firms with mainly Polish management teams. Between 2009–2019, these entities have invested locally in over 750 companies, which gives an average of around 9 companies per portfolio. The Polish venture market accounts for 3% of the entire European ecosystem of VC investments, mainly in the digital space.
Amber Court Villa D'Genting Resort is an apartment complex in Genting Highlands, Pahang, Malaysia. It contains two 23-storey apartment towers including three levels of car parks and two levels of retail podiums. The estimated height is 92 m. The 741 apartments are partially used for timeshare and homestay.
Helicap is a Singapore-based fintech and investment company. It specialises in the private credit market in Southeast Asia.