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Fave

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Joel Neoh's photo - Co-Founder & CEO of Fave

Co-Founder & CEO

Joel Neoh

CEO Approval Rating

90/100

Founded:

2015

FAVE TOP COMPETITORS OR ALTERNATIVES

RANK

COMPANY

CEO

CEO RATING

EMPLOYEES

FUNDING

REVENUE

Joel Neoh

Co-Founder & CEO

- -
375
$35.3M
$20M
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1

Khairil Abdullah

CEO

90/100
378
$70M
$23M
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2

Henry Chan

Co-Founder & CEO

84/100
120
$101.1M
$15M
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3

Christopher Davison

Co-Founder & CEO

90/100
120
- -
$4.8M
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4

Jeffrey Liu

Co-Founder & CEO

76/100
50
$5M
$2M
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5

Richard Tan

Managing Director

89/100
100
- -
$28.5M
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6

Shaun Lee

Co-Founder

82/100
9
- -
$1.2M
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7

CEO

- -
4,500
$1.5B
$510M
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8

CEO

- -
500
- -
$ < 1M
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9

Bo Chang

Co-Founder

72/100
3
$3M
$ < 1M
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10

CEO

- -
9
- -
$ < 1M
View Profile

Missing a competitor? Contribute!

Boost has been one of Fave's top competitors. Boost was founded in 2017, and is headquartered in Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur. Boost competes in the Fintech industry. Boost generates $3M more revenue vs. Fave.

ShopBack is a top competitor of Fave. ShopBack is a Private company that was founded in Singapore, Central Singapore in 2014. Like Fave, ShopBack also competes in the Fintech industry. ShopBack has 255 fewer employees vs. Fave.

BigPay is perceived as one of Fave's biggest rivals. BigPay was founded in 2016, and its headquarters is in Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur. Like Fave, BigPay also operates in the Fintech field. BigPay has 255 fewer employees than Fave.

Fave Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
Epic Enterprises Pte Ltd

May 2019

Source »
undisclosed
CutQ is an online food delivery platform that allows users to order dishes from restaurants.
FoodTime

May 2019

Source »
undisclosed
Foodtime is an online delivery platform that allows users to order food from restaurants.

-

F&B Ttechnology and Business in Singapore, WAAVE

May 2019

Source »
undisclosed
-

These are all the companies that Fave has acquired. Fave has acquired 3 companies and its latest acquisition was Epic Enterprises Pte Ltd in May 2019. CutQ is an online food delivery platform that allows users to order dishes from restaurants.

Fave Funding History

Since Fave was founded in 2015, it has participated in 5 rounds of funding. In total Fave has raised $35.2M. Fave's last funding round was on Jul 2020 for a total of $0

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Corporate Round
Jul 2020
--

Pine Labs

Series B
Sep 2018
$20M
Series A
Jan 2016
$12M
Seed
Jul 2015
$3.3M
Seed
Mar 2015
--
-

Since Fave was founded in 2015, it has participated in 5 rounds of funding. In total Fave has raised $35.2M. Fave's last funding round was on Jul 2020 for a total of $0

Fave Investments

No recent investments found related to Fave

Fave News

April 16, 2021FinTech Future

Pine Labs acquires digital payments start-up Fave in $45m deal

Indian payments firm snaps up Fave to introduce the latter to India.... See more »
April 15, 2021Crowdfund Insider

Payments Solution Provider Fave Acquired for $45M by Asian Commerce Platform Pine Labs

Payments solution provider Fave has reportedly been acquired by Pine Labs, an Asian commerce platform... See more »
April 13, 2021Techcircle

Pine Labs buys Fave to expand in SEA markets

Digital payments and merchant commerce platform Pine Labs has acquired Kuala Lumpur headquartered fin... See more »
April 13, 2021TechCrunch

Pine Labs acquires Southeast Asian startup Fave for $45 million

Pine Labs said on Tuesday it has acquired Southeast Asian startup Fave in a deal valued at $45 millio... See more »
October 2, 2020Fintech News Malaysia

Fave Adds GrabPay Wallet Onto Its Platform

Fave is now providing GrabPay as a new payment option in the former's app, to enhance convenience and... See more »
August 3, 2020PYMNTS

Inside Southeast Asia's Merchant Super App

Mobile payments penetration has historically faced a gap in Southeast Asia, Joel Neoh, founder of lea... See more »
August 3, 2020Asian Venture Capital Journal

Fave wins endorsement for ecosystem pivot

Having found online-to-offline services and mobile payments too crowded, Malaysia's Fave turned itsel... See more »

Fave Blogs

September 9, 2020Fave Blog

Fantastic Local Destinations and Where to Find Them

Time sure flies. And it's not just about the year that sped by in a heartbeat. Malaysia is turning 57... See more »
August 5, 2020Fave Blog

Unwinding with Urban Retreat Spa

What is the first thing that comes to your mind when it comes to luxury and relaxation? Massages? Spa... See more »
July 15, 2020Fave Blog

Fave Turns 3! Join the Birthday Bash

Feels like half of 2020 went by just like that *insert poor finger-snap attempt*, right? But that&#82... See more »
June 26, 2020Fave Blog

How MCO Has Impacted Us

People love to spend a good amount of time &#8220;lepak-ing&#8221;, here in Malaysia. Whether at the ... See more »
June 9, 2020Fave Blog

Level Up your #StayAtHome Game with Razer!

Whether you’re a seasoned gaming geek or a casual gamer, immerse yourself in a plethora of mellow, tr... See more »
March 24, 2020Fave Blog

Enjoy Bubble Tea, Hotpot, and more—even at home!

Hey Malaysia! We hope you are doing well during this period. While you stay at home, we hope you take... See more »
March 5, 2020Fave Blog

5 Ways to Spend International Women’s Day

When you think of a girl, you think of sugar, spice, and everything nice. However, girls are much mor... See more »

Fave Press Releases

Fave Videos

Social Media

Fave Headquarters

Jalan Kerinchi, Level 28 Vertical Corporate Office Tower B, Suite 28-1

Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur59200

Driving Directions »

Trending Companies

Fave Summary

ABOUT

Overview

Fave is a Malaysia-based fintech company that provides payment processing, loyalty cashback and related solutions for retailers in Singapore and Indonesia. Fave was founded in 2015. Fave's headquarters is located in Kuala Lumpur, Wilayah Persekutuan K...

CEO

Fave's Co-Founder & CEO, Joel Neoh, currently has an approval rating of 90%. Fave's primary competitors are Boost, ShopBack & BigPay.

Website

myfave.com

Frequently Asked Questions about Fave

  1. When was Fave founded?

    Fave was founded in 2015
  2. Who is Fave's CEO?

    Fave's CEO is Joel Neoh
  3. How much revenue does Fave generate?

    Fave generates $20M in revenue
  4. How much funding does Fave have?

    Fave has historically raised $35.3M in funding
  1. Where is Fave's headquarters?

    Fave's headquarters is in Kuala Lumpur Wilayah Persekutuan Kuala Lumpur, MY
  2. How many employees does Fave have?

    Fave has 375 employees
  3. What sector does Fave operate in?

    Fave is in Fintech
  4. Who are Fave's competitors?

    Fave's top competitors are Boost, ShopBack, BigPay