When was Finology founded?

Finology was founded in 2010 and raised its 1st funding round 3 years after it was founded.

Where is Finology located?

Finology is headquartered in Kuala Lumpur, Malaysia.

Who is the current CEO of Finology?

Robin Ang of Finology. They have also founded 1 company.

Which legal entities is Finology associated with?

Finology is associated with FINOLOGY SDN. BHD. and 2 others.

How many employees does Finology have?

As of Aug 31, 2026, the latest employee count at Finology is 40.

Is Finology a funded company?

Finology is a funded company, having raised a total of $1.26M across 5 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Oct 11, 2013.

When was the latest funding round of Finology?

Finology's latest funding was a $***** Seed round on Sep 26, 2023, with participation from 3 investors.

What is the annual revenue of Finology?

Annual revenue of Finology is between $1M and $10M as on Dec 31, 2023

Where does Finology rank among its competitors?

Finology ranks 91st amongst 1133 active competitors, of which 160 are funded. It stands 9th in terms of total funding among its competitors. The most recent competitor to raise funding was FinBox, which secured $35M in Jul, 2025.

Who are the top competitors of Finology?

Finology's top competitors include FinBox, OPLinnovate and nCino. Among them, FinBox secured the most recent funding round in July, 2025.

Finology - 2026 Company Profile, Team, Funding, Competitors & Financials

Company Details

Provider of API-driven digital lending and insurance solutions. It offers embedded, seamless end-to-end experiences for instant loan approvals and insurance purchases and claims processing. Additionally, it provides AI-powered solutions to transform customer engagement and a marketplace to promote financial products. These solutions are designed for banking, property, automotive, and insurance industries, as well as digital players.

Key Metrics

Founded Year

2010

Location

Kuala Lumpur, Malaysia

Stage

Seed

Total Funding

$1.26M in 5 rounds

Latest Funding Round

Seed, Sep 26, 2023, $*****

Investors

Seedstars World & 11 more

Ranked

91^st among 1133 active competitors

Annual Revenue

$1M - $10M as on Dec 31, 2023

Employee Count

40 as on Aug 31, 2026

Similar Companies

Agentero & 769 more

View Finology's full profile

Finology is associated with 3 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
FINOLOGY EDUTECH PRIVATE LIMITED CIN: U80302CT2022PTC013038 , India, Active	Apr 11, 2022	0 - ₹10 Cr (As on Mar 31, 2025)	-
FINOLOGY VENTURES PRIVATE LIMITED CIN: U74999CT2018PTC008679 , India, Active	Jul 30, 2018	0 - ₹10 Cr (As on Mar 31, 2025)	8 (As on Apr 01, 2026)
FINOLOGY SDN. BHD. CIN: 201001035292 , Malaysia, Active	Dec 31, 2016	$1M - $10M (As on Dec 31, 2023)	-	-

Finology has raised a total funding of $1.26M over 5 rounds. Its first funding round was on Oct 11, 2013. Its latest funding round was a Seed round on Sep 26, 2023 for $*****. 3 investors participated in its latest round. Finology has 6 institutional investors and 6 angel investors.

Here is the list of recent funding rounds of Finology:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Sep 26, 2023	2916087	Seed	9001297	9559577	2651804	1597076
May 24, 2021	4400752	Seed	9756554	1900127	6191149	2442345
Dec 29, 2018	5941930	Grant (prize money)	7999984	8094957	2316962	Hong Leong Bank Berhad

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View details of Finology's funding rounds and investors

The founders of Finology are Robin Ang and Jared Lim Chu Ern. Robin Ang is the CEO of Finology.

Here are the details of Finology's key team members:

Robin Ang: Co-Founder & CEO of Finology and founder of 1 other company.
Jared Lim Chu Ern: Co-Founder & Director of Finology.
Contact Info: 1 email address

Finology's Board of Directors

Finology's board has 5 active members. Lim Chu Ern is part of team and Goh Shou Ling, Ang Teck Loon, Goh Peng and Tan Hua Sheng are independent board members.

Here is the list of Finology's board of directors:

Name	Type	Representing	Status	Duration
Lim Chu Ern	Team	-	Current	-
Goh Shou Ling	Independent board member	-	Current	-
fmfnuqw	Independent board member	-	Current	7y 6m
bdtd{bh	Independent board member	-	Current	6y 6m
jqzilrk	Independent board member	-	Current	6y 6m

View details of Finology's Founder profiles and Board Members

Finology's employee count trend

Finology has 40 employees as of Aug 26. Here is Finology's employee count trend over the years:

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Top competitors of Finology include FinBox, OPLinnovate and nCino. Here is the list of Top 10 competitors of Finology, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	FinBox 2015, Bengaluru (India), Series B	Provider of infrastructure, risk intelligence, and orchestration solutions for digital lending	$51.1M	WestBridge Capital, IIFL Finance & 25 others	69/100
2nd	OPLinnovate 2015, Ahmedabad (India), Series B	White label solutions for financial institutions	$14.2M	Mobile Search Engine, Capitaworld Global ... & 28 others	67/100
3rd	nCino 2011, Wilmington (United States), Public	Provider of a platform for digitizing and reengineering financial service processes	$222M	T. Rowe Price, Salesforce Ventures & 20 others	67/100
4th	Agentero 2017, Berkeley (United States), Series A	App-based agency management solutions for insurance agents	$23.5M	Foundation Capital, Mundi Ventures & 7 others	67/100
5th	MeridianLink 1998, Costa Mesa (United States), Acquired	Loan life cycle management systems for lenders and financial institutions	-	EJF Ventures, Serent Capital	65/100
6th	Peach Finance 2018, Oakland (United States), Acquired	Software for loan life cycle management	$35.8M	Canapi Ventures, Caffeinated Capital & 2 others	65/100
7th	Wefox 2015, Roggwil (Switzerland), Acquired	App-based P&C insurance comparison platform for individuals	$1.61B	Mubadala, Target Global & 62 others	65/100
8th	Perfios 2008, Bengaluru (India), Series D	Provider of AI-driven platform for financial analysis, verification, and decisioning	$435M	Bessemer Venture Partners, Warburg Pincus ... & 30 others	63/100
9th	Linedata 1998, Neuilly sur seine (France), Public	Provider of software, data, analytics, and related services for financial institutions	-	Ardian, XAnge & 4 others	63/100
10th	Finley 2021, San Francisco (United States), Acquired	Software-based credit cycle management solutions for businesses	$20.1M	CRV, Bain Capital Ventures & 7 others	62/100
91st	Finology 2010, Kuala Lumpur (Malaysia), Seed	Provider of API-driven digital lending and insurance solutions	$1.26M	Hong Leong Bank Berhad, MTDC & 10 others	44/100