Insights

Paywatch Malaysia and Hong Kong Earned Wage Access
News

February 8th 2023

A help out, not a hand out

Business leaders across various sectors are seeing the need and benefits of financially supporting their employees during these turbulent economic times and find that Paywatch is a great way to help relieve the burden of financial emergencies.

Paywatch Team
Press release

December 6th 2022

EWA startup Paywatch Raises USD 9 million in Funding to Supercharge Growth Across SEA

Earned Wage Access (EWA) service provider Paywatch has raised USD 9 million in a Pre-Series A funding round led by returning investor Third Prime, with participation from Hana Ventures (the venture arm of Hana Financial Group in Korea), Parkwood Corp. and notably, the endowments of Vanderbilt University and University of Illinois Foundation.

Press release

November 10th 2022

Paywatch becomes the first EWA solution to receive approval in key markets

Paywatch receives electronic financial business license in South Korea, while its EWA solution in partnership with Hong Leong Bank will be rolled out in Malaysia soon

Blogpost

September 14th 2022

What we learnt from serving the unbanked in Southeast Asia

Southeast Asia, with its 680 million population is often considered the next big region for fintech innovation for its explosive growth and favourable demographics. Yet, more than half of the region’s population remains unbanked with no access to financial products.

News

September 13th 2022

Ibrahim Sani’s Notepad: Safeguarding Low-income Employees from Predatory Money Lenders

Join Richard Kim, CEO and co-founder of earned-wage-access (EWA) provider Paywatch to discuss how Malaysian employers can safeguard their low-income employees from predatory money lenders with host, Ibrahim Sani.

Girl with small business packing her product
Blogpost

July 26th 2022

5 side hustles to try and earn that extra ringgit. 

Do you find yourself in situations of coming off just a tad short of a few ringgits for the things you’ve been eyeing for months?  You even try and wait for a discount, but you still struggle to afford it. Fear not, the digitalised world is a place full of opportunities, especially for those looking to earn extra cash without pouring hours into a job. 

be smart with your money blog
Blogpost

July 13th 2022

5 steps to live a more financially stable life

Ever wondered how a life would be like to have your needs covered with some excess money to spare? Well, there is no need to look any further than yourself. Financial stability is a proven way to bring you and your family to a future that is worth working hard for. 

rising above the competition in the ewa landscape
News

June 6th 2022

Rising above the competition in the EWA landscape

This is a golden opportunity to create a solution that bridges the cash flow gaps between paydays, adding financial benefits to an underserved market.

Rethinking Payday blog
News

May 26th 2022

Re-Thinking Payday Should Be An Employee Wellness Priority For Malaysian Businesses

When you think of employee wellness, what initially comes to mind? Perhaps some physical wellbeing programmes, or various benefits that target emotional health and social activities. Since the onset of the Covid-19 pandemic, we would probably all identify mental health as a key priority, too – but what about financial health?

Paywatch Malaysia team
News

May 11th 2022

Earned wage access solutions simplify financial access for employees

Earned wage access (EWA) service providers are becoming increasingly in demand globally thanks to the new working lifestyles most workers are demanding today.

Paywatch Malaysia team
Press release

April 18th 2022

Paywatch raises USD 5.25 million in seed funding

Paywatch, an earned wage access (EWA) service provider based in Malaysia and South Korea, has raised MYR21.9 million ($5.25 million) in a seed funding round led by US venture capital firm Third Prime and prominent family offices in Singapore and Hong Kong.

Paywatch raises funding - New Straits Times
News

January 13th 2022

Paywatch raises RM21.9mil in seed funding to support growth

Paywatch Global Pte Ltd, an earned wage access (EWA) service provider, has raised RM21.9 million in a seed funding round led by US venture capital firm Third Prime and prominent family offices in Singapore and Hong Kong.

Founder & CEO Richard Kim (Right) and co-founder & president Alex Kim (left)
Press release

January 13th 2022

Paywatch raises USD 5.25 million in seed funding round to disrupt the monthly payroll system

Earned wage access (EWA) service provider Paywatch has raised USD 5.25 in a seed funding round led by US venture capital firm Third Prime and prominent family offices in Singapore and Hong Kong.

Choi Si-won meeting with Paywatch co-founder, Richard Kim
News

December 8th 2021

Choi Si-won invests in Paywatch

Choi Si-won, a South Korean singer-turned-actor from boy band Super Junior, has invested in Paywatch, joining increasing number of celebrities in the country to break into tech investing.

Hong Kong country flag
Press release

June 9th 2021

Hong Kong media highlights Paywatch

Pertama Digital announces four product partners for its digital bank

Pertama Digital logo
News

June 9th 2021

Pertama Digital partners Paywatch in digital bank license application

Among four product partners joining Pertama Digital application for digital banking licence from Bank Negara Malaysia.

Paywatch wins Hong Leong Bank's LaunchPad
Press release

February 4th 2021

Paywatch winner in HLB Launchpad 2020

Among three digital solutions selected to help Malaysians thrive in the new normal

Hong Leong Bank works with Paywatch to address gig economy
Press release

February 4th 2021

Hong Leong Bank chooses three startups to work on pilot projects

Paywatch among solutions selected to address food security, gig economy and e-waste management

Paywatch improves financial health among Gig economy workers
Press release

November 2nd 2020

Paywatch selected to improve financial health among gig workers

Paywatch, Versa, GetHyred showcase solutions to aid gig workers

UNCDF Logo
Press release

November 2nd 2020

Paywatch wins Financial Innovation Challenge organised by UNCDF

Among three winners selected to improve the financial health of gig economy workers in Malaysia

Bank Negara Malaysia logo
Press release

November 2nd 2020

Paywatch wins Financial Innovation Challenge organised by BNM

Among three winners selected to improve the financial health of gig economy workers in Malaysia