October 4

Malaysian Fintech Startup MADCash Secures $1 Million in Funding to Empower Women Entrepreneurs

MADCash Sdn. Bhd., a fintech startup focused on providing zero-interest microfunds to women entrepreneurs, has announced the successful completion of its pre-series A funding round, securing MYR 5 million ($1.06 million) investment.

MADCash said in a statement on Tuesday that the funding was led by Artem Ventures with strong support from MSW Ventures and ScaleUp Founders Fund.

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Source: Technode Global (link opens in a new window)

Finance, Investing, Technology
artificial intelligence, credit scoring, fintech, global development, microfinance, scale, startups, women entrepreneurs