Curlec

In 2018, Zac Liew and Steve Kucia founded Curlec in Kuala Lumpur, Malaysia, with a vision to simplify recurring payments for businesses. Their platform enabled companies to automate payment collections, reducing the friction often associated with traditional banking processes. This innovation quickly gained traction among businesses looking for efficient financial solutions.

Curlec's journey took a significant turn in February 2022 when it was acquired by Razorpay, an Indian payments and digital banking platform. This acquisition marked Razorpay's first international purchase, highlighting Curlec's strategic value in expanding Razorpay's footprint into Southeast Asia. The deal, valued at $20 million, underscored the growing importance of seamless payment solutions in the global fintech landscape.

Through this acquisition, Curlec not only expanded its reach but also enhanced its capabilities by leveraging Razorpay's extensive network and resources. This partnership aimed to deliver even more robust financial services to businesses across the region, aligning with Curlec's original mission to streamline payment processes.

Today, Curlec stands as a testament to the impact of strategic partnerships in the fintech industry, illustrating how innovative startups can scale their solutions and influence broader markets through well-aligned acquisitions.