Malaysian Electronic Clearing Corporation Overview

  • Year Founded
  • 2008

Year Founded

  • Status
  • Acquired/​Merged

  • Latest Deal Type
  • M&A

  • Financing Rounds
  • 1

Malaysian Electronic Clearing Corporation General Information

Description

Developer of payment systems and financial market infrastructures intended to accelerate Malaysia's growth and prosperity. The company offers real-time electronic transfer of funds and securities, debt securities services, a fully automated system for tendering, interbank giro, direct debit and FPX, enabling the functioning and development of Malaysia's financial system.

Contact Information

Website
www.myclear.org.my
Ownership Status
Acquired/Merged
Financing Status
Corporate Backed or Acquired
Corporate Office
  • Tower 2A, Avenue 5, Bangsar South
  • 8 Jalan Kerinchi
  • Kuala Lumpur, Kuala Lumpur 59200
  • Malaysia
Primary Industry
Financial Software
Other Industries
Other Financial Services
Acquirer
PayNet (Malaysia)
Vertical(s)
FinTech
Corporate Office
  • Tower 2A, Avenue 5, Bangsar South
  • 8 Jalan Kerinchi
  • Kuala Lumpur, Kuala Lumpur 59200
  • Malaysia

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Malaysian Electronic Clearing Corporation Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA		 Post-Val Status Debt

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Malaysian Electronic Clearing Corporation Former Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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Malaysian Electronic Clearing Corporation FAQs

  • When was Malaysian Electronic Clearing Corporation founded?

    Malaysian Electronic Clearing Corporation was founded in 2008.

  • Where is Malaysian Electronic Clearing Corporation headquartered?

    Malaysian Electronic Clearing Corporation is headquartered in Kuala Lumpur, Malaysia.

  • What industry is Malaysian Electronic Clearing Corporation in?

    Malaysian Electronic Clearing Corporation’s primary industry is Financial Software.

  • Is Malaysian Electronic Clearing Corporation a private or public company?

    Malaysian Electronic Clearing Corporation is a Private company.

  • What is Malaysian Electronic Clearing Corporation’s current revenue?

    The current revenue for Malaysian Electronic Clearing Corporation is .

  • Who are Malaysian Electronic Clearing Corporation’s investors?

    Bank Negara Malaysia has invested in Malaysian Electronic Clearing Corporation.

  • When was Malaysian Electronic Clearing Corporation acquired?

    Malaysian Electronic Clearing Corporation was acquired on 22-May-2017.

  • Who acquired Malaysian Electronic Clearing Corporation?

    Malaysian Electronic Clearing Corporation was acquired by PayNet (Malaysia).

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