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.

Mar 19, 2025•9 months ago

Amount Raised

RM30 Million

Round Type

series a

Kuala LumpurFintechFinance

Investors

Teoh Wei XiangTengku Fahad Mua'adzam ShahAham Asset Management Bhd

Description

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 Information

Company

Versa

Location

Kuala Lumpur, Kuala Lumpur, Malaysia

About

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.

Related People

3 contacts

Funding Insights

Based on industry data

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