BFM Podcast

Backed by Razorpay, Curlec Goes Beyond Recurring Payments

Tan KW
Publish date: Wed, 02 Aug 2023, 03:21 PM
Backed by Razorpay, Curlec Goes Beyond Recurring Payments

02-Aug-23 10:00

Zac Liew, Founder and CEO, Curlec

Between the accelerated digitalization from the pandemic, the continued growth and evolution of e-commerce, and government pushes for cashless payments, digital payments have boomed. And while e-wallets, online bank transfers, and NFC paywave are typically how we interact with this, like the Autobots, there's a lot more here than meets the eye.

One big element of digital payments is the magic of recurring payments. A tech stack that enables you to set it and forget when it comes to your monthly investment deposits, regular insurance premium payments, and most importantly, your monthly subscriptions to services like Netflix and Spotify.

Today on the show, we're speaking to a homemade recurring payments solution that has recently graduated to full stack payment gateway following a majority stake acquisition by Indian payment gateway provider Razorpay in early 2022.

With more than 700 clients including Tune Protect, CTOS, and Mary Kay, we speak to Curlec Founder and CEO Zac Liew about Curlec's journey from founding in 2018, working with Razorpay, and the pathway and strategy to RM10 billion Gross Transaction Value (GTV) in Malaysia by end-2025.

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