Finory co-founder Kee Hui Jiang
Finory, a Malaysian startup providing AI-powered solutions for personal finance and lending assessment, has received investment from 1337 Ventures to broaden its fintech solutions suite.
The transaction details remain undisclosed.
Finory was initially designed to help users organise their financial lives by consolidating credit card and bank statements into a single, unified view. The company currently provides AI-powered solutions like statement parsing, transaction categorisation, and transaction enrichment APIs.
The app allows users to consolidate credit card and bank statements, providing a unified view to help them manage spending, track multiple accounts, and maximise cashback opportunities.
Also Read: How Finory aims to improve financial literacy — one credit card at a time
“Managing multiple accounts and credit cards can be overwhelming for many Malaysians, which is why we created Finory. While our app simplifies personal finance, we saw an opportunity to extend the same technology to empower banks and fintechs. By providing enriched financial data and insights, we are now helping financial institutions streamline lending assessments and better serve their customers,” said co-founder Kee Hui Jiang.
Bikesh Lakhmichand, CEO and founding partner of 1337 Ventures, praised Finory’s ability to innovate and scale, evolving from a personal finance solution to a platform that empowers financial institutions with deeper insights and smarter tools. This expansion into fintech and banking services marks a significant milestone for Finory.
Established in 2012, 1337 Ventures invests in pre-seed and seed-stage startups in Malaysia. The firm has accelerated over 4,000 startups through Leet Academy, using Design Thinking Methodology and Design Sprints.
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