Fingular-backed BNPL AhaPay Doubles Its Customer Base Monthly

Backed by Fingular, a global neobank renowned for its innovation, AhaPay significantly increased its client base. Currently AhaPay maintains explosive growth dynamics: the customer base is growing steadily by approximately 150% monthly while the number of merchants is increasing by an average of 400% monthly. Unlike conventional BNPL services, AhaPay is designed as a sophisticated tool for money management / planned purchases.

Recognizing the crucial role of merchant’s success, AhaPay decided to build a tech platform that supports them. AhaPay is carefully curating its initial cohort of merchants with the aim of boosting their sales volume by 20-30.

Recently many Buy-Now-Pay-Later projects in Malaysia have closed, and the market has become cautious and even negative about new players. To solve this issue and support Malaysians by providing more flexibility in their purchases and personal finance management, Fingular introduced an innovative product on a modern technological base under the brand name AhaPay, taking into account the experience of competitors: offer a large number of process options for use and integration into merchant systems – dynamic QR, static QR, payment by link, online integration with a large number of online platforms, dynamic downpayment, etc.

“For merchants we offer favorable commercial conditions, which are significantly (twice) more attractive than the market average. AhaPay also provides ability to make large purchases with a high financial amount and flexibility of payments: all merchants have access to installments for 4 and 7 monthly payments, and soon for 13,” said Harold Chen, CEO of AhaPay.

Fingular decided to launch an innovative product to solve this problem, given its leading positions in Malaysian digital lending market and cutting-edge technologies that could change the game boosting the sector and restoring the trust in the BNPL in Malaysia.