Gobi Partners has made a strategic investment in Malaysian fintech company DCAP Holdings, aimed at enhancing financial inclusion for underbanked communities through innovative technological solutions.

Information on the Target

DCAP Holdings Sdn Bhd (DCAP) is a Malaysian fintech company founded in 2020 by Sonia Ng and Wilson Kok. The company's primary focus is to promote financial inclusion and mobility ownership among underbanked segments of the population. DCAP utilizes an innovative Lending-as-a-Service (LaaS) model, which enables traditional financial institutions to adapt to digital transformation, streamlining their processes and enhancing customer outreach. This model aims to provide accessible and efficient financial services to underserved consumers in Malaysia.

DCAP leverages advanced technologies such as artificial intelligence (AI), machine learning (ML), data analytics, and automation to bridge gaps in financial accessibility. The company’s proprietary platform features an AI/ML-powered credit scoring model and solutions for mobility hire purchase lending, which create tailored financing options for borrowers. With a customer base largely comprising lower-income individuals—92% of whom benefit from more equitable lending conditions—DCAP significantly impacts communities, particularly those outside of urban centers like Klang Valley.

Industry Overview in Malaysia

The financial technology sector in Malaysia is rapidly evolving, driven by government initiatives aimed at enhancing financial inclusion. The Malaysian government has implemented a range of regulatory reforms and financial technology f