Tuas Capital Partners

Tuas Capital Partners, founded in 2013 and based in Kuala Lumpur, Malaysia, is a venture capital investment firm that specializes in the financial technology and software sectors. The firm operates The Hive Southeast Asia, a venture studio designed to support entrepreneurs in building their startups. Tuas Capital Partners provides capital and collaborates closely with founders, leveraging a robust technological infrastructure and a strong corporate ecosystem to foster innovation and growth in the ventures they support.

Thariq Usman Ahmad

Founding Partner

Syed Haizam Jamalullail

Managing Partner

4 past transactions

MoneyMatch

Seed Round in 2017
MoneyMatch is a FinTech startup enabling cross-border international payments and remittances which are cheaper, faster and more convenient than traditional banks. Starting off in Malaysia, MoneyMatch has since expanded out to Australia as well with plans for further expansion in Southeast Asia. Since just the past 1.5 years, MoneyMatch has already transacted over MYR 260 million sending money out from Malaysia to over 70 countries worldwide helping under-served SMEs (small and medium enterprises) save hundreds of thousands in margins

Pulse iD

Series A in 2017
Pulse iD's clients are increasingly savvy with piecing together a customer’s online world via multiple streams of data. However, a customer’s off-line world is still largely unknown, leaving a lot of friction. Pulse iD is helping enterprise clients to understand the space between their customer's online and offline world. Their scalable solutions mean you can reach your customers, where and when it matters, anywhere along their journey.

Jirnexu

Series A in 2016
Jirnexu Sdn. Bhd., founded in 2012 and headquartered in Kuala Lumpur, Malaysia, specializes in customer acquisition and lifecycle management solutions for various industries, including banking, insurance, telecommunications, and e-commerce. The company offers comprehensive digital acquisition tools designed to help financial service institutions and service providers effectively generate leads online, convert them into customers, and manage ongoing relationships. Jirnexu operates several platforms, including RinggitPlus.com, which allows users to compare and apply for credit cards, personal loans, and insurance plans, and KreditGoGo.com, which assists users in finding various financial products. Additionally, the XpressApply platform simplifies the credit card application process. Through its services, Jirnexu empowers consumers to make informed financial decisions while enabling service providers to innovate their customer acquisition strategies.

Jewel Paymentech

Series A in 2016
Jewel Paymentech Pte. Ltd. is a financial risk technology company based in Singapore, founded in 2014. The company focuses on developing intelligent risk solutions tailored for the banking and electronic payment sectors. Its flagship product, One Sentry, is a cloud-based tool designed to help payment card acquiring banks and facilitators manage various risks, including merchant fraud, brand integrity, data security, and credit risks throughout the acquiring lifecycle. Additionally, Jewel Paymentech offers the FRAUD WALL FW-100, which addresses acquiring fraud, credit, and anti-money laundering risks, as well as the ONE SENTRY SENTINEL, which provides capabilities for identifying both Clearnet and Darknet sites, AI card testing, and secure payment network access. Through its technology and solutions team, the company specializes in creating products for banks, card issuers, and merchants, while also offering professional consulting services within the niche electronic payments industry.
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