Moolahgo, a Singaporean FinTech firm established in 2018, began as a B2B payments company and has evolved into a neobank serving both businesses and consumers. The company was bolstered by an investment from the Lippo Group, one of Southeast Asia’s largest conglomerates, in 2021. By the end of 2023, Moolahgo had facilitated over $5 billion in transactions.
Initially focusing on solving FX and payment challenges for finance professionals, Moolahgo offers customizable solutions like multicurrency virtual accounts and competitive wholesale FX rates, emphasizing expertise in Asian currencies. Recently, it launched a payment-as-a-service platform, allowing financial institutions and corporates to integrate and utilize its technologies.
Moolahgo stands out with its innovative AI payments copilot, recognized for streamlining payments and supporting finance and accounting executives beyond transactions. The company was an early recipient of a Major Payments Institution license from the Monetary Authority of Singapore (MAS) in 2020, underscoring its regulatory compliance and credibility in the fintech sector.
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