Startups
Curlec is a FinTech company that makes it easy for businesses of all sizes to collect recurring payments and take control of their cash flow. We do this by building technology on top of banking payment infrastructure.
Founded in 2018, Curlec is the first independent software company in Malaysia to process online interbank Direct Debit payments and offer this to businesses that have been traditionally underserved by banks. Whilst Direct Debit was our entry point, Curlec has now broadened our payment offerings to include recurring and one-off credit card payments, as well as alternative online banking options. This ensures that merchants have the most comprehensive payment mix for their recurring business activity.
Curlec was named Malaysia's Best FinTech Startup at the Southeast Asian Global Startup Awards 2019.
Founded in 2018, Curlec is the first independent software company in Malaysia to process online interbank Direct Debit payments and offer this to businesses that have been traditionally underserved by banks. Whilst Direct Debit was our entry point, Curlec has now broadened our payment offerings to include recurring and one-off credit card payments, as well as alternative online banking options. This ensures that merchants have the most comprehensive payment mix for their recurring business activity.
Curlec was named Malaysia's Best FinTech Startup at the Southeast Asian Global Startup Awards 2019.
Overview
Location
Malaysia, Kuala Lumpur
Employees
11-50
Phone
+60 3-7629 5701
Founded date
2017
Investors 1
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Mentions in press and media 7
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| Oct 30, 2025 | UPI Introduced In Malaysia: Razorpay Curlec Partners with NPCI International Payments Limited (NIPL) Malaysian merchants will be able to accept payments directly via Razorpay's Curlec platform, and will be settled in Malaysian Ringgit (RM). | Razorpay, an omnichannel payments and banking platform for businesses, has announced the introduction of UPI services in Malaysia through its entity, Curlec, in partnership with NPCI International Payments Limited (NIPL). The partnership wa... |
| Aug 12, 2022 | Razorpay acquires majority stake in digital payments peer | AcquisitionsFintechNewsStartups Xavier Kong · 1d ago · 1 min readRazorpay acquires majority stake in digital payments peer Indian fintech unicorn Razorpay has acquired a majority stake in digital payments firm Ezetap, marking the former’s t... |
| Feb 9, 2022 | Razorpay Acquires Malaysian Recurring Payments Provider Curlec For $19+M | Indian payments unicorn Razorpay has acquired a majority stake in Curlec, a Malaysian recurring payments solutions provider. The cost was just under $20 million. Curlec is the first international acquisition for Razorpay, and taken together... |
| Feb 8, 2022 | Razorpay acquires Malaysian fintech Curlec at $20 mn valuation in its first international purchase | Razorpay Founders Harshil Mathur & Shashank Kumar Payments and digital banking platform Razorpay has acquired Kuala Lumpur-based fintech Curlec in its first international purchase, kicking off its global expansion plans just over a mont... |
| Sep 8, 2021 | Alibaba x KrASIA Global Startup Accelerator announces finalists for inaugural Demo Day | The Alibaba Cloud x KrASIA Global Startup Accelerator brings together new technologists, venture capitalists, and other players across Asia to identify startups that are compatible with Alibaba’s ecosystem. The inaugural Demo Day, which loo... |
| Dec 23, 2020 | The winners of Startup Arena Pitch Battle | EventsStartup ArenaTIA PartnershipVideos Betty Chum · 23 Dec 2020 · 3 min readThe winners of Startup Arena Pitch Battle In partnership with Add 10 innovative startups, three renowned investors, and over 600 tech enthusiasts, and what do you... |
Reviews 0
FAQ about Curlec
When was Curlec founded?
Curlec was founded in 2017.
What has the press written about Curlec?
Parsers VC has collected 7 articles mentioning Curlec, among them “UPI Introduced In Malaysia: Razorpay Curlec Partners with NPCI International Payments Limited (NIPL) Malaysian merchants will be able to accept payments dire...” (Oct 30, 2025) and “Razorpay acquires majority stake in digital payments peer” (Aug 12, 2022).
Is Curlec still active?
Yes, Curlec is active; its latest activity on Parsers VC dates from Nov 3, 2025.