Angkasa

What Angkasa does

ANGKASA (Angkatan Koperasi Kebangsaan Malaysia Berhad) is the government-recognized apex body for Malaysia's cooperative movement, mandated under Section 4(3) and Section 57(3) of the Cooperative Act and founded in 1971. It represents 11,944 member cooperatives covering more than 7.2 million individual members across all 16 Malaysian states, organized across 8 business sectors (Finance, Innovation & Technology, Wholesale & Retail, Plantation, Tourism/Health & Wellness, Community Development, Real Estate & Construction, and Agriculture & Agribusiness).

The core technology platform is anchored by e-SPGA (Sistem Potongan Gaji ANGKASA), a salary deduction system operational since 1977 that integrates with employer payrolls to manage cooperative loan repayments; SPeKAR, a credit reporting system developed in partnership with Experian since 2012 combining ANGKASA salary deduction data with CCRIS, NLCI, litigation, and bankruptcy records; SPBA, a web-based cooperative management system covering accounting, POS, payroll, and AGM registration; and SKA, a member cooperative database. Shariah-compliant financial infrastructure is provided through KOPSYA (Islamic financing cooperative, est. 2011) and the Sistem Tawarruq platform. Supporting ecosystem includes ACCRS credit collection, Zakat management services, Shariah compliance certification, and a digital action plan (DigiKOP 2030) launched in 2025.

ANGKASA generates revenue through a diversified mix of low-fee recurring streams: tiered annual membership fees (RM30-300), e-SPGA managed services, Shariah certification (RM2,000 new/RM1,000 renewal), SPBA subscriptions (RM150-500), ARC accounting and consultancy services, KOPSYA Islamic financing returns, zakat collection agency fees, training programs, MyANGKASA Akademi & Resort Langkawi (MAAR) facility rentals, MyANGKASA Travel & Tours, ANGKASA Livestock & Dairy operations, and BA100 retail program volume flows. Distribution is conducted through 16 state-level JKAN offices, subsidiary channels, consortium networks, employer payroll integrations, and international networks including ICA, ICA-AP, and ACO. The 2026 government allocation for cooperative development totals RM254 million (including RM4.4 million from KWAPB), supporting ANGKASA's RM75 billion cooperative sector revenue target.

Name

Angkasa

Legal name

ANGKASA - Angkatan Cooperativa Kebangsaan Malaysia Berhad

Website

https://angkasa.coop

Company type

Private

Founded year

1971

Operating status

Operating

Headcount range

11–50 employees

Short description

ANGKASA is Malaysia's government-recognized cooperative apex body, mandated under the Cooperative Act to serve 11,944 member cooperatives and 7.2 million individual members across 8 business sectors and all 16 states. It operates salary deduction (e-SPGA), credit reporting (SPeKAR with Experian), Islamic financing (KOPSYA), and Shariah certification platforms as an integrated cooperative services ecosystem.

Ownership category

akta.pro rank

Headquarters

HQ city

Selangor

HQ country

Malaysia

HQ region

Asia

Offices5 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Membership Fees: Annual membership fees from cooperatives categorized as Basic, Intermediate, or Upper-level cooperatives with fees ranging from RM30-300 for adult cooperatives and RM30-100 for school cooperatives.
2. e-SPGA Salary Deduction Services: Automated salary deduction services for cooperative loans, contributions, and savings managed since 1977, serving government employees and private sector workers.
3. Shariah Compliance Certification: Shariah compliance certification services for cooperatives including new applications (RM2,000) and renewals (RM1,000) every 2 years.
4. ARC Accounting and Consultancy Services: Financial reporting, accounting system management, tax services, audit preparation, and COSEC services provided by ANGKASA Resources & Consultancy Sdn. Bhd.
5. SPBA System Services: Computerized management system services with fees ranging from RM150-500 based on cooperative category for successful recovery and SPBA usage.
6. Zakat Collection Services: Zakat (Islamic almsgiving) management services appointed as state agent for business cooperatives across Malaysia.
7. Yayasan Infaq ANGKASA (YIA): Infaq (voluntary charity) collection and distribution targeting RM7-35 million annually for socio-economic, health, and education support.
8. Training and Education Services: Cooperative education programs including SLiCE (Student Leadership in Cooperative Enterprise), CLP (Cooperative Leadership Programme), school cooperative courses, and IPT cooperative development.
9. MyANGKASA Akademi & Resort Langkawi (MAAR): Training facility and resort in Langkawi offering accommodation and training venue rental with discounted rates for member cooperatives.
10. MyANGKASA Travel & Tours: Travel agency services under MyANGKASA Holdings providing cooperative travel packages and tourism services.
11. Livestock and Dairy Operations: ANGKASA Livestock & Dairy Sdn Bhd operates dairy farming and heifer park projects in Kluang, Johor.
12. KOPSYA Islamic Financing: Koperasi Pembiayaan Syariah ANGKASA provides Islamic financing products to member cooperatives, generating returns on financing activities.
13. BA100 Basic Necessities Program: Retail program for cooperatives to sell essential goods at affordable prices, generating volume-based revenue through collective purchasing.
14. Tabung Umrah ANGKASA: Umrah savings program allowing members to save starting from RM10 through salary deductions for Hajj/Umrah travel.

Pricing tiers

Go-to-market motion4 records

Distribution channels8 records

Marketing channels9 records

Core offering

ANGKASA operates as the government-recognized apex body for Malaysia's cooperative movement under Sections 4(3) and 57(3) of the Cooperative Act, providing member cooperatives with integrated digital platforms (e-SPGA salary deduction, SPeKAR credit reporting, SPBA accounting), Shariah-compliant financial services, training, certification, and business development support across eight business sectors including finance, agriculture, retail, and tourism.

Product overview

ANGKASA (Angkasan Cooperativa Kebangsaan Malaysia Berhad) is a national cooperative apex organization representing Malaysia's cooperative movement, recognized by the government under Sections 4(3) and 57(3) of the Cooperative Act. It operates as a platform-plus-services model encompassing a broad portfolio of products and services organized across eight business sectors (Finance, Innovation & Technology, Wholesale & Retail, Plantation, Tourism/Health & Wellness, Community Development, Real Estate & Construction, and Agriculture & Agribusiness). Core technology products include e-SPGA (electronic salary deduction system for cooperative loan repayments), SPeKAR (credit reporting system powered by Experian), SPBA (web-based accounting system for cooperatives), and ACCRS (integrated credit collection service). ANGKASA also offers Shariah-compliant services including KOPSYA (Islamic financing cooperative), the Tawarruq system, Zakat management, and Shariah compliance certification. Complementary offerings span education/training (Yayasan ANGKASA scholarships, MyANGKASA Akademi & Resort Langkawi), CSR (CoopCare ANGKASA, Sejuta Pokok environmental initiative), cooperatives consortiums, and retail programs (BA100, 100 Product Champion). The organization has multiple wholly-owned subsidiaries including ANGKASA Livestock & Dairy, ANGKASA Resources & Consultancy, MyANGKASA Travel & Tours, and MyANGKASA Holdings. International engagement includes membership and leadership roles in ICA, ICA-AP, and ACO, with the Shanghai Declaration and International Year of Cooperatives 2025 marking recent global agenda initiatives.

Differentiator

Problem solved

Functional benefit

Brands

• e-SPGA: Electronic salary deduction system for cooperative loan repayments and contributions
• SPeKAR
• Tabung Umrah ANGKASA
• BeeRo
• SPBA
• SKA
• CoopCare ANGKASA

Products and services

• e-SPGA (Sistem Potongan Gaji ANGKASA)

Quantifiable outcome

• RM186.75 billion in cooperative assets under management
• +5 more outcomes

Named customers10 records

Segments7 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration6 records

Feature6 records

Partnerships

16 partnerships are on record, tiered core and secondary.

• Optimax Holdings BerhadcoreStrategic or Co-development Partner · 9 March 2026MoU signed on 9 March 2026 between MyANGKASA Holdings and Optimax for expanding professional eyecare services to more than 7 million cooperative members.
• BAZNAS (Badan Amil Zakat Nasional Indonesia)secondaryStrategic or Co-development Partner · 1 February 2026MoU between ANGKASA and BAZNAS to strengthen mosque cooperative economics through the Masjid Jadi Pusat Ekonomi Ummah initiative.
• Jabatan Standard Malaysia (Standard Malaysia)coreStrategic or Co-development Partner · 9 March 2018MoU signed on 9 March 2018 for establishment of ANGKASA Research & Certification Sdn. Bhd. (ARC) to provide standards, certification, and consultancy services to cooperatives.
• ExperiancoreTechnology or Integration · 1 January 2012Partnership with Experian for SPeKAR credit reporting system combining ANGKASA salary deduction data with Experian's credit information database including CCRIS, litigation data, bankruptcy status, and company ownership information.
• MyANGKASA Shoraka Sdn. Bhd.coreStrategic or Co-development PartnerJoint venture between MyANGKASA Holdings Sdn. Bhd. and Shoraka Ventures Sdn. Bhd. developing the Sistem Tawarruq ANGKASA Islamic financing platform.
• Majlis Rekabentuk MalaysiasecondaryStrategic or Co-development PartnerPartnership for 100 Product Champion program providing design consultation, branding, packaging, and labeling services to enhance cooperative product quality.
• SIRIMsecondaryStrategic or Co-development PartnerCollaboration for product certification and quality standards for cooperative products under the 100 Product Champion program.
• International Cooperative Alliance (ICA)coreStrategic or Co-development PartnerANGKASA is an active member and hosts the ICA-AP Malaysian Business Office (MBO), participating in global cooperative development initiatives including Shanghai Declaration adoption.
• ICA-Asia Pacific (ICA-AP)coreStrategic or Co-development PartnerANGKASA hosts the ICA-AP Malaysian Business Office (MBO) and actively participates in Asia Pacific cooperative development programs.
• ASEAN Cooperative Organization (ACO)coreStrategic or Co-development PartnerACO secretariat transferred to Malaysia under ANGKASA leadership in 2014. ANGKASA President serves as ACO President (2026-2030). ACO recognized as official ASEAN entity.
• Bank Muamalat Malaysia BerhadsecondaryStrategic or Co-development PartnerStrategic cooperation between Bank Muamalat and Yayasan ANGKASA to benefit IPT students through Islamic banking services and financing programs.
• DEKOPIN (Indonesian Cooperative Central)secondaryStrategic or Co-development PartnerDelegation visits and cooperation between ANGKASA and DEKOPIN for strengthening Indonesian-Malaysian cooperative relations.
• Lembaga Hasil Dalam Negeri Malaysia (LHDNM)coreStrategic or Co-development PartnerMoU signed on 21 November 2018 for cooperation in enhancing tax awareness, understanding, and compliance among cooperatives in Malaysia.
• Vietnam Halal CooperativesecondaryStrategic or Co-development PartnerMoU signed to expand halal sector cooperation between Malaysian and Vietnamese cooperatives.
• Suruhanjaya Kopi Malaysia (SKM)coreImplementation/ SI/ Consulting PartnerSKM approved ANGKASA Resources & Consultancy establishment on 29 August 2018 and provides regulatory oversight for cooperative operations.
• Kementerian Pembangunan Usahawan & Kopi (KUSKOP)coreImplementation/ SI/ Consulting PartnerGovernment ministry overseeing cooperative development providing policy support, allocations (RM254 million in 2026), and regulatory framework.

Scale indicators10 records

Recent moves11 records

Expansion highlights6 records

Regional players

• DEKOPIN (Dewan Koperasi Indonesia): Indonesian national cooperative council that ANGKASA has an existing cooperation relationship with. Functionally the closest regional peer and most directly comparable apex-body peer in Southeast Asia.
• Organization of Brazilian Cooperatives (OCB): Brazilian cooperative apex organisation providing national representation, advocacy, and technical services. Comparable in scope, although OCB operates in a larger and more commercially oriented cooperative economy.
• National Confederation of Cooperatives (NATCCO) - Philippines: Philippine national cooperative federation providing credit, savings, and member services to member cooperatives. Comparable ASEAN-region peer with a similar apex body model serving individual cooperative members.

Broad incumbents

• International Cooperative Alliance (ICA): Global apex body of which ANGKASA is a member and for which it hosts a regional office. ICA is the structural parent of national cooperative federations and a direct counterpart in international cooperative policy.
• Desjardins Group: Canadian cooperative financial group providing banking, insurance, and wealth services through a cooperative network. Comparable on the financial-services-to-members dimension that KOPSYA and ANGKASA's financial subsidiaries are pursuing.
• Mondragon Corporation: Federation of cooperatives in Spain operating across finance, retail, and industry. A benchmark global cooperative federation, though larger and more industrial in orientation than ANGKASA.

Direct peers

• Co-operatives UK: UK national apex body for the cooperative movement, providing representation, policy advocacy, and member services to thousands of UK cooperatives. Directly comparable in mandate and structure to ANGKASA's apex role in Malaysia.
• Confcooperative (Confederazione Cooperative Italiane): Italian national confederation representing cooperative enterprises across multiple sectors, providing advocacy, services, and coordination. Highly comparable in multi-sector cooperative representation and service-portfolio approach.
• National Cooperative Business Association (CLUSA International): US national cooperative apex body that represents and develops cooperatives domestically and internationally. Comparable to ANGKASA in providing training, advocacy, and international cooperative development programs.

Emerging players

• CUNA Mutual Group: US-based provider of insurance and financial services to credit unions and cooperatives. Comparable as a services platform that monetises a cooperative/mutual membership base — analogous to how KOPSYA and ARC serve ANGKASA's cooperative members.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/ANGKASACoop
• YouTubeyoutube.com/user/angkasanews
• Facebookfacebook.com/ANGKASACoop
• LinkedInlinkedin.com/company/angkasacoop
• TikToktiktok.com/@angkasacoop

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries9 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Angkasa