Fiuu, the leading fintech platform in Southeast Asia, today announced it has achieved two national records in the Malaysia Book of Records for its performance in 2024: Highest Payment Gateway Sales Value and Largest Payment Gateway Transactions in a year.
Processing over RM 35.6 billion (US$ 7.9 billion) in total payment volume and surpassing 500 million online transactions within Malaysia, these accolades underscore the scale, reliability, and pivotal role of Fiuu’s infrastructure in powering ASEAN’s digital economy.
These milestones reflect Fiuu’s strategic investments in building the core underlying systems – the “digital rails” – that enable seamless cashless commerce, empower businesses to scale, and drive financial inclusion across the region.
Fiuu focuses on developing scalable, interoperable, and secure protocols that prioritise accessibility for underserved businesses and communities.
“This recognition affirms the trust and faith our partners, merchants, and institutions have placed in us,” said Eng Sheng Guan, CEO of Fiuu. “Our role goes beyond processing transactions.
We are laying down the digital rails that fast-emerging economies rely on to thrive, adapt, and remain connected. It also reflects a deeper commitment to building systems that support our region’s economy today while laying the groundwork for stronger collective growth in the years ahead, with us as their digital growth agent of choice.”
Operating across eight key Asian markets, including Malaysia, Singapore, Thailand, Indonesia, the Philippines, Vietnam, Taiwan, and Hong Kong, Fiuu simplifies domestic and cross-border payments for over 70,000 merchants across diverse sectors.
These include retail, logistics, healthcare and government services. Its robust, cloud-based architecture integrates over 110 payment methods and is supported by direct acquiring collaborations with Visa and Mastercard in Malaysia, Singapore, and the Philippines, enhancing efficiency and enabling first-to-market innovations.
