MADCash Sdn. Bhd. is a Kuala Lumpur, Malaysia-based fintech focused on providing zero-interest microfunds to women entrepreneurs through a proprietary technological platform that lets donors contribute and see whom their funds are helping. The company is led by Managing Director Nuraizah Shamsul Baharin and recently added Musyrifah Malek as a co-founder. MADCash intends to use the funding to enhance its online platform with AI features, cover operational and marketing expenses, and explore expansion opportunities across Southeast Asia. By the end of this year the company expects to have extended support to over 800 women. Among its partners are Hong Leong Islamic Bank and PayNet. The platform combines capital provision with business and financial-acumen support for microbusiness growth.

Total raised

$1M

Funding rounds

1

Latest round

Series A

Latest activity

Oct 2023