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malaysian fintech versa secures 6.8 million in series a funding round

Malaysian fintech startup Versa has raised 30 million ringgit (approximately US$6.78 million) in a Series A funding round led by AHAM Asset Management Berhad, with participation from Tengku Fahad Mua’adzam Shah and CEO Teoh Wei-Xiang. The funds will be used for expansion and product enhancements over the next five years. Since its launch in 2021, Versa has attracted around 300,000 users and facilitated over 500 million ringgit (US$112.98 million) in savings, offering nearly 20 funds while eliminating front-end fees.
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