Versa To Hit RM1B in 2025, Fueled by RM30M Series A

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5d ago 36:23

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Approaching the RM1 billion milestone and serving over 320,000 users, wealth tech platform Versa is a key player in Malaysia's wealthtech scene. But in a competitive market, how do you build a business focused on fostering long-term financial habits, not just facilitating short-term transactions?

Founder and CEO Teoh Wei Xiang joins us to share Versa's journey and its strategic evolution. He discusses their recent RM30 million Series A funding round, their new focus on using AI for personalisation, and the playbook for scaling a mobile-first wealth platform for the next generation of investors.

We discuss:

The strategy for reaching the RM1 billion asset milestone.

Why they focus on "selling financial behaviors," not just funds.
How their Series A funding will be used for AI, product, and growth.
The importance of their partnership with lead investor AHAM Capital.
Their path to profitability by balancing acquisition costs and customer lifetime value.

For founders in the fintech space and anyone interested in building a consumer tech brand, this is an exploration into product strategy, digital-first marketing, and the future of wealth management.

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