Where is iPay88 located?

iPay88 is headquartered in Kuala Lumpur, Malaysia.

Which legal entities is iPay88 associated with?

iPay88 is associated with IPAY88 SDN. BHD and 1 other.

How many employees does iPay88 have?

As of Mar 01, 2026, the latest employee count at iPay88 is 51 - 200.

What is the annual revenue of iPay88?

Annual revenue of iPay88 is between $10M and $50M as on Dec 31, 2020

Where does iPay88 rank among its competitors?

iPay88 ranks 660th amongst 5912 active competitors, of which 509 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Flutterwave, which secured an undisclosed amount in Jul, 2026.

Who are the top competitors of iPay88?

iPay88's top competitors include PayPal, Stripe and Razorpay. Among them, Flutterwave secured the most recent funding round in July, 2026.

iPay88 - 2026 Company Profile, Team, Funding, Competitors & Financials

Company Details

iPay88 is an online payment service provider for local online retailer or e-commerce merchant in Malaysia. The company provides payment gateway solutions, e-mail payment solutions, card security through tokenization, risk & fraud management, shopping cart technology services to e-commerce firms. Company's Malaysia business was acquired by NTT Data in September 2015.

Website: www.ipay88.com/
Social
Email ID: *****@ipay88.com.my
Phone Number: +60 **********

Key Metrics

Founded Year

2006

Location

Kuala Lumpur, Malaysia

Stage

Acquired

Investors

MAD Incubator

Ranked

660^th among 5912 active competitors

Annual Revenue

$10M - $50M as on Dec 31, 2020

Employee Count

51 - 200 as on Mar 01, 2026

Similar Companies

Flutterwave & 3710 more

Exit Details

Acquired by NTT DATA (Sep 04, 2015)

View iPay88's full profile

iPay88 is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
IPAY88 SDN. BHD CIN: 200601007071 , Malaysia, Active	Jan 01, 2006	-	-	-
IPAY88 (M) SDN. BHD. CIN: 200001019210 , Malaysia, Active	Dec 31, 2005	$10M - $50M (As on Dec 31, 2020)	-	-

iPay88 got acquired by NTT DATA on Sep 04, 2015.

Click here to take a look at iPay88's acquisition in detail

iPay88 is a funded company. iPay88 has 1 institutional investor.

View details of iPay88's funding rounds and investors

The founders of iPay88 are Chan Kok Long, Kok Hing Lim and Chong Lee Kean.

Here are the details of iPay88's key team members:

Chan Kok Long: Co-Founder of iPay88. They are also an angel investor in 1 startup.
Contact Info: 1 email address
Kok Hing Lim: Co-Founder of iPay88.
Contact Info: 1 email address
Chong Lee Kean: Co-Founder of iPay88.
Contact Info: 1 email address

View details of iPay88's Founder profiles and Board Members

iPay88's employee count trend

iPay88 has 51 - 200 employees as of Mar 26. Here is iPay88's employee count trend over the years:

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Top competitors of iPay88 include PayPal, Stripe and Razorpay. Here is the list of Top 10 competitors of iPay88, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	PayPal 1998, United States, Public	Provider of online payment solutions, money transfers, and virtual wallets	$216M	ING, MDP & 29 others	87/100
2nd	Stripe 2010, San Francisco (United States), Series I	Provider of financial infrastructure solutions for revenue growth and payment processing	$9.81B	General Catalyst, Sequoia Capital & 135 others	86/100
3rd	Razorpay 2014, Bengaluru (India), Series F	Provider of payment and business banking solutions for enterprises	$742M	Peak XV Partners, GIC & 35 others	85/100
4th	Flutterwave 2016, San Francisco (United States), Series E	Provider of payment solutions for online and physical business transactions	$489M	Greycroft, Mastercard & 73 others	83/100
5th	Xendit 2015, Jakarta (Indonesia), Series D	Online payment and money transfer platform for businesses	$554M	Accel, Amasia & 28 others	83/100
6th	Airwallex 2015, San Francisco (United States), Series H	Provider of financial infrastructure for processing payments and managing treasury	$1.9B	Lone Pine Capital, Addition & 51 others	83/100
7th	Adyen 2006, Amsterdam (Netherlands), Public	Provider of end-to-end payment, data, and financial management platform solutions	$266M	Index Ventures, Iconiq Capital & 15 others	81/100
8th	Pine Labs 1998, Noida (India), Public	Provider of in-store and online payment, prepaid, and financial solutions	$954M	Peak XV Partners, Actis & 186 others	80/100
9th	PayU 2002, Amsterdam (Netherlands), Funding Raised	Provider of online payment solutions and financial services for businesses	-	PROSPER, Gecad Ventures & 4 others	79/100
10th	Mercado Pago 2003, Buenos Aires (Argentina), Series D	Provider of online payment processing and digital financial services	$233M	Goldman Sachs, Citi & 1 others	77/100
660th	iPay88 2006, Kuala Lumpur (Malaysia), Acquired	Online payment service provider	-	MAD Incubator	37/100