Soft Space and Versa, Companies backed by the Hibiscus Fund, named to the Forbes Asia 100 to Watch 2025 List
- Dania Irdina
- Aug 28, 2025
- 1 min read
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 personal finance in Malaysia. As the country’s first licensed e-service platform, Versa empowers over 300,000 users to grow their wealth through both conventional and Shariah-compliant funds — making investing accessible, transparent, and impactful.
We’re honoured to back these visionary teams driving innovation in finance and beyond.
🎉 Congratulations to Joel Tay and the Soft Space team, along with Teoh Wei-Xiang and the Versa team on this recognition!










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