Malaysia based full-stack financial services startup Jirnexu has raised a $2m Pre-Series B led by SBI Group.
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SBI leads $2 million round in Jirnexu
Yuen Tuck Siew, CEO of Jirnexu said, “Since closing our Series A in March 2017, Jirnexu has continued to dominate the market, with our core technology as a key driver. Serving consumer banks with a combined market share of 80%, we offer Malaysians the widest range of online banking and insurance products. Having more than doubled the number of distribution agreements with banks and insurers this year, Jirnexu is on track to reach cash flow breakeven by 2018.”
