AsiaFIN Holdings Corp

What AsiaFIN Holdings Corp does

AsiaFIN Holdings Corp is a Nevada-incorporated fintech holding company headquartered in Kuala Lumpur, Malaysia, that develops and deploys AI-driven software for financial institutions and corporate clients across nine Asian and Middle Eastern markets. The product portfolio is organized around four verticals: Fintech (INCHEQS for image-based cheque clearing, INGateway for cross-border payment processing), RegTech (INReport for statistical regulatory reporting and e-invoice submission to Malaysia's LHDN), Robotic Process Automation (OrangeWorkforce), and ESG data management (TellUS Report). The underlying technology stack combines AI-assisted image processing, ISO20022-compliant payment workflows, RPA engines, and integrations with ERP/accounting systems to automate compliance, payments, and repetitive operational tasks.

The company serves over 90 financial institutions (including central banks, commercial banks, digital banks, and insurance companies) and more than 100 corporate clients across Malaysia, Singapore, Myanmar, Philippines, Thailand, Indonesia, Pakistan, Bangladesh, and Saudi Arabia. Distribution is primarily direct enterprise sales, supplemented by a 49%-held joint venture (KSP AsiaFIN) that delivers the OrangeWorkforce suite in Thailand and Laos through Greenpro KSP's approximately 1,200-client base. Revenue is generated via transaction-based payment processing fees, subscription/recurring SaaS licensing (the company is transitioning from project work to recurring SaaS revenue), and ESG/RegTech consultancy.

AsiaFIN is publicly traded on the US OTCQB market under ticker ASFH and is pursuing an NYSE American uplisting at an implied $94 million pre-money valuation, with a planned $12 million raise. FY2025 audited revenue was $5.126 million (51.5% YoY growth), Q1 2026 revenue reached $1.28 million (105.3% YoY), gross margin swung from negative 1.1% to +26.7%, and operational cash flow improved to $504K from $24K. The company has scaled its e-invoice module to 115+ live customers including 54 financial institutions covering 5 of Malaysia's 10 largest banks and over 60% of commercial banks.

Name

AsiaFIN Holdings Corp

Legal name

AsiaFIN Holdings Corp.

Website

https://asiafingroup.com

Company type

Public

Founded year

2001

Operating status

Operating

Headcount range

1–10 employees

Short description

AsiaFIN Holdings Corp is a Kuala Lumpur-based, US-listed (ASFH) fintech holding company that sells AI-driven fintech, RegTech, RPA, and ESG software to financial institutions and corporate clients across nine Asian and Middle Eastern markets.

Ownership category

akta.pro rank

Product category

Financial Technology Software

NAICS

Software Publishers (5132)

SIC

Finance Services (6199)

akta.pro primary industry

Embedded Tax, Accounting & Invoicing Finance (FSAGALAJ)

akta.pro secondary industries

Risk, Compliance & Controls for Embedded Finance (KYB/KYC/AML, Fraud, Disputes) (FSAGALAK), Technology, Software & IT Services (FSABACAJ), ESG Reporting, Disclosure & Regulatory Compliance (SFDR, EU Taxonomy, TCFD/ISSB) (FSAAALAK), ESG Governance, Sustainability Reporting & Assurance Advisory (BPAHAFAJ)

Keywords

• Fintech software solutions
• Regulatory technology platforms
• Robotic process automation
• Payment processing software
• ESG reporting software

Headquarters

HQ city

Kuala Lumpur

HQ country

Malaysia

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. Fintech Solutions: Payment processing and cheque clearing solutions including INCHEQS and INGateway. Revenue from transaction fees and software licensing to financial institutions. The company transitioned to SaaS revenue model with emerging recurring revenue contributions.
2. RegTech (Regulatory Technology): Compliance and regulatory technology solutions including INReport e-Invoice platform. Provides regulatory workflow automation to financial institutions and corporations. Core revenue-generating unit with improving gross margins.
3. RPA (Robotic Process Automation): OrangeWorkforce RPA solution deployed through direct sales and joint venture partnerships. AI-powered automation services for enterprises across multiple markets including Malaysia, Philippines, Thailand, Indonesia, and Pakistan.
4. ESG Consultancy & Reporting: ESG data management and sustainability reporting solutions through TellUS Report platform.

Go-to-market motion2 records

Distribution channels2 records

Marketing channels7 records

Core offering

AsiaFIN Holdings Corp develops and sells AI-driven fintech, RegTech, RPA, and ESG software solutions to financial institutions and corporate enterprises across Asia and the Middle East. Core products include INCHEQS (cheque clearing), INGateway (payment processing), INReport (regulatory reporting and e-invoicing), OrangeWorkforce (robotic process automation), and TellUS Report (ESG data management). The company generates revenue primarily through SaaS subscriptions, transaction fees, and software licensing.

Product overview

AsiaFIN Holdings Corp operates a multi-product fintech ecosystem organized around four core verticals: Fintech (INCHEQS for check clearing, INGateway for payment processing), RegTech (INReport for regulatory compliance and e-invoicing), RPA (OrangeWorkforce for AI-powered process automation), and ESG reporting (TellUS Report). The company also maintains a joint venture entity (KSP AsiaFIN) for distribution in Thailand and Laos. The portfolio serves over 90 financial institutions and 100+ corporate clients across nine countries in Asia and the Middle East.

Differentiator

Problem solved

Functional benefit

Brands

• OrangeFIN Asia: Robotic Process Automation (RPA) solutions provider operating across Asia.
• InsiteMY
• INReport
• OrangeWorkforce
• TellUS Report
• KSP AsiaFIN

Products and services

• INCHEQS AI-powered fintech product enabling image-based cheque clearing for financial institutions, supporting cross-border banking without borders.
• INGateway Fintech payment processing solution providing secure and efficient payment gateway services for financial transactions across borders.
• INReport RegTech platform originally developed for statistical financial reporting to Bank Negara Malaysia, expanded in 2024 to include e-Invoice module for tax reporting and automated e-invoice submissions to LHDN (Inland Revenue Board of Malaysia) integrating with ERP and accounting systems.
• OrangeWorkforce AI-driven Robotic Process Automation (RPA) solution that eliminates manual repetitive tasks by automating workflows across business operations.
• TellUS Report ESG (Environmental, Social, Governance) data management platform that tracks sustainability metrics and enables organizations to monitor and report on ESG performance.

Quantifiable outcome

• Revenue growth of 51.5% YoY to $5.1M in FY2025
• +4 more outcomes

Named customers7 records

Segments3 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability5 records

Feature6 records

Partnerships

One partnership is on record.

• Greenpro KSP Holding Group Co., LtdcoreStrategic or Co-development Partner · 9 January 2024Strategic joint venture forming KSP AsiaFIN Co., Ltd (51% Greenpro KSP, 49% AsiaFIN) for exclusive distribution and implementation of OrangeWorkforce RPA solution in Thailand and Laos. Leverages Greenpro KSP's 28 years of professional performance and approximately 1,200 existing clients in Thailand and Laos. The partnership extends AsiaFIN's product suite including RPA, cloud payments, INCHEQS, INGateway, REGTECH, and ESG products to new markets.

Scale indicators9 records

Recent moves9 records

Expansion highlights7 records

Direct peers

• MetricStream: Provider of governance, risk, and compliance (GRC) and regulatory reporting solutions for global financial services firms. Comparable to AsiaFIN's INReport RegTech platform serving banks and large corporates with compliance workflows.
• Bottomline Technologies: Provider of payment processing, B2B invoicing, and compliance software to banks and corporates. Most directly comparable to AsiaFIN's INCHEQS (image-based check clearing), INGateway (payment gateway), and INReport (RegTech) offerings.
• UiPath: Leading enterprise RPA platform leveraging AI to automate repetitive business tasks — directly comparable to AsiaFIN's OrangeWorkforce RPA product, though UiPath operates at vastly larger global scale.
• Automation Anywhere: AI-powered RPA platform automating enterprise business processes. Direct competitor to AsiaFIN's OrangeWorkforce RPA, particularly in financial services and ASEAN enterprise accounts.
• Avalara: Global leader in automated tax compliance and e-invoicing software. Closest direct peer to AsiaFIN's INReport e-Invoice module serving multinational corporates and financial institutions with regulatory-driven compliance automation.
• ACI Worldwide: Global real-time payment processing and electronic payments software provider to banks, processors, and corporates. Directly comparable to AsiaFIN's INGateway payment gateway and INCHEQS image-based check clearing solutions.

Emerging players

• Billtrust: B2B order-to-cash and accounts receivable automation platform. Comparable to AsiaFIN's RPA-driven invoice automation capabilities and its e-invoicing compliance workflows for enterprise finance teams.
• WorkFusion: AI-driven RPA and process automation vendor specializing in financial services compliance and operations. Directly comparable to AsiaFIN's OrangeWorkforce RPA targeting banks and financial institutions in regulated workflows.

Broad incumbents

• Temenos: Global core banking software provider with strong presence across Asia and the Middle East. Adjacent competitor to AsiaFIN's banking-facing fintech and RegTech products, though Temenos sits deeper in the core banking stack.
• Wolters Kluwer: Large incumbent providing regulatory reporting, risk, and compliance solutions (e.g., OneSumX for Regulatory Reporting) to global banks. Overlaps with AsiaFIN's INReport RegTech and ESG reporting capabilities, but as part of a much broader professional information portfolio.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/@AsiaFINHoldingsCorp
• Facebookfacebook.com/AsiaFINHoldings
• LinkedInlinkedin.com/company/asiafin-holdings-corp
• Instagraminstagram.com/asiafinholdingscorp
• Xx.com/asiafingroup

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

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 AsiaFIN Holdings Corp