Jelawang Capital recently published a feature on Soft Space, highlighting the unconventional journey of its co-founder and CEO, Chris Leong, and the company’s growth into one of Malaysia’s fintech champions. RHL Ventures was an investor in Soft Space's Series B round through the Hibiscus Fund, supporting the company in its formative years as it scaled its payments technology across the region. We are pleased to see Soft Space’s continued progress and the recognition of its en

We’re proud to share that two of our portfolio companies, Soft Space and Versa have been recognised on the Forbes Asia 100 to Watch 2025 list. Soft Space, founded in 2012, is transforming the way merchants accept payments. From pioneering SoftPOS technology that turns smartphones into payment terminals, to forging a strategic alliance with GMO Financial Gate in Japan, Soft Space continues to redefine digital payments on a global scale. Versa, launched in 2021, is reshaping pe

12 Aug 2025 — We are pleased to announce that Joel Tay, CEO and Co-Founder of Soft Space, and Shazy Noorazman, CEO and Co-Founder of Ouch!, both portfolio companies of RHL Ventures, have both been recognised as winners in the Emerging 35 category of the prestigious Fintech Frontiers 50 Awards 2025, which celebrates the top 50 fintech founders shaping Southeast Asia. The awards received over 17,000 community votes, after which the Emerging 35 were carefully selected by analyst

1 July 2025 — Malaysia-based fintech firm Soft Space and Japan-based Hokkoku Financial Holdings (Hokkoku FHD) have teamed up to launch the next-generation SoftPOS solution that enables merchants to accept both contactless card payments and, for the first time, regulated stablecoin payments — using only a smartphone or tablet. This will be the world’s first deployment of a SoftPOS solution 1, certified under global mobile payment security standards, that supports stablecoin tr

Awarded by PCI SSC, Soft Space's FasstapTM is the first MPoC-certified SoftPOS solution in the market that supports secure PIN entry. Kuala Lumpur, Malaysia--(Newsfile Corp. - February 27, 2024) - Soft Space Sdn. Bhd. ("Soft Space"), the world's leading fintech-as-a-service (FaaS) provider, today announced that its innovative SoftPOS solution, FasstapTM, is the first in the world to receive the Mobile Payment Commercial Off-the-Shelf (MPoC) Solution Provider certification, aw

Soft Space Sdn Bhd, a Malaysian based leading fintech, recently announced it has raised US$31.5 million in its Series B funding round, making it the largest Series B raised by a Malaysian startup. Global drone service leader, Aerodyne Group held the record previously with its US$30 million announced in Oct 2019. Soft Space is one of RHL Ventures portfolio originally invested in 2021. For perspective, Grab, when it was a Malaysian founded startup, raised US$15 million in its S