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Application Software Startup Equity Stake For Sale in Shah Alam, Malaysia

Pre-revenue Malaysia’s first AI-powered financial literacy platform for receipt scanning and expense tracking, seeks investment.

Established 0-1 year(s)
Employees < 2
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries FinTech + 1 more
Locations  Shah Alam
Local Time 4:39 AM Asia / Kuala Lumpur
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 15 thousand for 10.0% stake (Native Currency: MYR 60,000)
Reason: Seeking investment to accelerate product development, strengthen platform infrastructure, and suppor... View More
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I-TIE
SSM Certificate
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Business Overview
- Malaysia’s first AI-driven financial literacy SaaS platform designed to simplify receipt scanning, income and expense tracking, and financial management for individuals, freelancers, students, and SMEs.
- The platform is currently pre-revenue and in Phase 1 of its product roadmap, with the initial development completed.
- The platform is built specifically for the Malaysian market, offering bilingual Bahasa Malaysia and English support, multi-language receipt processing, and a mobile-responsive web interface.
- Key features include AI-powered receipt scanning, intelligent data extraction, income and expense tracking, claims reporting, financial dashboards, and data export capabilities.
- Current efforts are focused on product validation through live demonstrations, user feedback, and participation in innovation and entrepreneurship competitions.
- The company has already received early industry recognition, winning a Silver Award at the International Technopreneur Invention and Exhibition Conference (I-TIE), validating the platform’s innovation potential.
- The commercial rollout follows a phased and realistic approach:
* June: Product validation through live demonstrations, competition exposure, and user feedback during the DIGITEX Grand Final and I-TIE events.
* July–August: Pilot onboarding of selected users, freelancers, students, and SMEs to test real-world usage, OCR accuracy, reporting functions, and claims workflows.
* September: Soft launch in Malaysia for a broader user base, with paid subscription plans prepared for activation once platform stability and user traction are confirmed.
* Q4: Targeted commencement of monetization through subscription plans, subject to user adoption, retention metrics, and payment readiness.
- Beyond the current build, the company has Phase 2 and Phase 3 development milestones planned, focusing on expanding functionality, enhancing user experience, and strengthening the platform’s long-term scalability.
- Additional funding or strategic support would enable the business to accelerate development, improve quality assurance processes, reduce bugs and errors, strengthen infrastructure, and bring the platform to full commercial readiness more efficiently.
The company is also exploring Indonesia as a potential future expansion market through university-linked collaboration opportunities arising from I-TIE, including discussions connected to cooperation between Universiti Teknologi MARA (UiTM) and Universitas Negeri Yogyakarta. These discussions remain at an early stage.
- While regional expansion opportunities are being assessed, the immediate priority is to validate the Malaysian market, establish a stable and commercially viable product, and then scale carefully into the broader ASEAN region.
- The business is registered in Malaysia and has secured both SSM registration and copyright protection for its intellectual property.
Products & Services Overview
AI-powered SaaS web platform that enables individuals, students, freelancers, and small business owners to scan and upload receipts, automatically extract key financial data using artificial intelligence, track income and expenses, manage claims and reimbursement records, and access simple financial summaries, spending insights, dashboards, and exportable reports. Designed specifically for the Malaysian market, the platform will offer bilingual Bahasa Malaysia and English support, multi-language receipt processing, and a mobile-responsive interface, helping users streamline expense management, improve financial record-keeping, and enhance financial literacy through an accessible and user-friendly digital solution.
Assets Overview
The business doesn't have any physical assets of significant value.
Intangible assets include the AI-powered SaaS web platform, source code, AI models and configurations, user interface and UX designs, branding and trade name, active domain and hosting setup, and copyright-notified work.
Facilities Overview
No dedicated physical facility; currently working remotely.
Capitalization Overview
Sole proprietorship. Business is bootstrapped with no external investors and no outstanding loans or debts. 100% ownership held by the founder.
Recent Activity
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1 Investor contacted this Business this week. Register below to connect now!
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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