Approaching the RM1 billion milestone and serving over 320,000 users, wealth tech platform Versa is a key player in Malaysia's wealthtech scene. But in a competitive market, how do you build a business focused on fostering long-term financial habits, not just facilitating short-term transactions?

Founder and CEO Teoh Wei Xiang joins us to share Versa's journey and its strategic evolution. He discusses their recent RM30 million Series A funding round, their new focus on using AI for personalisation, and the playbook for scaling a mobile-first wealth platform for the next generation of investors.



We discuss:




The strategy for reaching the RM1 billion asset milestone.


Why they focus on "selling financial behaviors," not just funds.


How their Series A funding will be used for AI, product, and growth.


The importance of their partnership with lead investor AHAM Capital.


Their path to profitability by balancing acquisition costs and customer lifetime value.



For founders in the fintech space and anyone interested in building a consumer tech brand, this is an exploration into product strategy, digital-first marketing, and the future of wealth management.

Approaching the RM1 billion milestone and serving over 320,000 users, wealth tech platform Versa is a key player in Malaysia's wealthtech scene. But in a competitive market, how do you build a business focused on fostering long-term financial habits, not just facilitating short-term transactions?Founder and CEO Teoh Wei Xiang joins us to share Versa's journey and its strategic evolution. He discusses their recent RM30 million Series A funding round, their new focus on using AI for personalisation, and the playbook for scaling a mobile-first wealth platform for the next generation of investors.We discuss:<ul><li>The strategy for reaching the RM1 billion asset milestone.</li></ul><ul><li>Why they focus on "selling financial behaviors," not just funds.</li><li>How their Series A funding will be used for AI, product, and growth.</li><li>The importance of their partnership with lead investor AHAM Capital.</li><li>Their path to profitability by balancing acquisition costs and customer lifetime value.</li></ul>For founders in the fintech space and anyone interested in building a consumer tech brand, this is an exploration into product strategy, digital-first marketing, and the future of wealth management.

The flagship entrepreneurship show on BFM, featuring personal business stories from early stage start-ups, all the way to billionaire octogenarians in Malaysia and abroad. Notable guests include Martin Cooper (father of the mobile phone), Julian Assange (founder of WikiLeaks), Ralph Henry Baer (father of video games), Tony Buzan (Mindmap Guru), Isaac Tigrett (Hard Rock Cafe founder), Robert Kiyosaki (Financial Guru), Nick Vujicic (motivational speaker) and more. Tap into this valuable resource of shared experiences for the SME industry, which also touches on news, issues and trends affecting the business community and beyond.

Open For Business

Discover fresh concepts, tackle obstacles, and unleash growth - Open For Business is the dynamic show where BFM engages with entrepreneurs, business leaders, and industry trailblazers, igniting inspiration, sparking success, and exploring new business models.

Advertisement