We’ve all heard that change is the only constant, and that’s never been more true. 2020 has been the most challenging year of the decade for everyone, especially for businesses.

While many had their agility and resilience being put to the test this year, as scaling businesses, the repercussions of the pandemic ultimately teaches businesses of all sizes to do more with less.

And despite the challenges, 2020 has been a real breakthrough for Curlec. Thanks to our outstanding clients and partners, we continue to deliver on our mission to pave for better ways for businesses to transact and take control of their cash flow. Not only are we thrilled to have supported the growth of our clients and partners despite the ongoing pandemic, but we are also continuing to build a talented and diverse team to propel ourselves into the new year.

Key Milestones

• Secured funding from 500 Startups to grow and accelerate our operations in Malaysia
• Processed over USD 100 Million in transactions since launching
• Joined forces with hundreds of partners in 2020, recording a 600% growth in recurring payment volumes year-on-year

Awards

• Best FinTech Startup Finalist at the TechNode Global’s ORIGIN Innovation Startup Awards 2020

• Represented the country as the regional finalist at the Tech In Asia x Surge Startup Pitch Arena Battle during the Tech In Asia Conference 2020

• One of 2019’s regional finalist at the ASEAN Ricebowl Awards for the Best FinTech Startup category

Team

• Improved employee productivity and performance through new and creative ways to work from home despite the ongoing pandemic and Movement Control Orders (MCO)

• Launched our Future Leaders programme designed to groom the next generation of leaders of our company and empower change in the way business is done as we scale across Asia

• Opened our doors to over 30 undergraduate students from Malaysia, Australia and the UK in 2020 to explore opportunities to work alongside experienced professionals and develop new skills and qualities as part of their course requirements and remote internship programmes

The impact of 2020 has upended old practices that have been long accepted as the norm. And as we continue to mitigate the current economical impact here at Curlec, we have reworked our technology to provide you an end-to-end solution with improved level of productivity and efficiency. Giving you the ability to be truly in control with your cash flow, ability to automate your payments and manage your projections all within a single platform.

2020 Software Updates

Introducing One-Off & Recurring Credit Card Payments

Curlec has now broadened our payment offerings to include recurring as well as one-off credit card payments to ensure our merchants get the most comprehensive payment mix for their recurring business activities.

Scale Up Your Business With Faster Payouts

Whether you plan to send payouts to your customers, service providers or freelancers, scale up your business efficiently and improve your users’ experience by simplifying your disbursement workflows via our portal or powerful API.

Digitising Paper Mandates

Take the pain out of getting paid and digitise any of your existing PayNet-approved paper mandates to better optimise your payment collection strategy and manage all your transactions online within a single platform.

Group Pay

Redefining the way you transact, Curlec’s Group Pay makes it easy for businesses to automate and collect payments from multiple subsidiaries within a single ‘parent’ account so that you can focus on growing your business.

Flexible Subscriptions & Scheduled Collections

Whether it is bi-weekly, monthly or even quarterly collections, optimise your payment strategy by personalising your payment plans according to subscription tiers and give your customers the option to spread out their billings.

New Short Links

While we have rolled out our WhatsApp feature in 2019, this year, provide your customers with a frictionless checkout experience by utilising our short links API to request approvals for Mandates and Instant Payments via QR code and URL – which is great for SMS and WhatsApp.

Two-Factor Authentication (2FA)

Data security is of utmost importance to us. At Curlec, we keep your business and customers safe from cyber attacks through a two-factor authentication which is an additional layer of security for your Curlec account.