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Instapay Technologies Sdn Bhd
Founded by : -, 1 January 2017
About the Company
Instapay's digital account is specially designed for the needs of your workers. Instapay account's mobile app is linked to Instapay Mastercard which makes it extremely convenient for your employees to receive their salaries into their Instapay accounts. Instapay is regulated by Bank Negara Malaysia (Central Bank of Malaysia) and empowers your workers while simplifying the salary payment process for you.
It streamlines payroll, makes organisations compliant with regulations and promotes financial inclusion of workers.
The platform is currently available in Malaysia, a country that is a major destination for migrant workers from other south Asian countries. The migrants are usually employed in low-skilled work and face challenges of financial inclusion, among others.
Instapay’s vision is to build the capacities of employer organisations to manage their payroll in a financially inclusive and regulation compliant manner. It also aims to facilitate the entry of the migrant workers into the formal digital economy by securing their earnings and allowing them to make purchases and remit funds online.
Industry Type
According to the GICS (Global Industry Classification Standard) version of March 2023, Instapay Technologies Sdn Bhd’s industry classification falls within the following categories:
- Sector: -
- Industry group: -
- Industry: -
- Sub-Industry: -
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Company Address
Kuala Lumpur, Federal Territory of Kuala Lumpur, Malaysia
Source : Google maps