Current StatusPre-Revenue
Amount InvestedRM10,000
Funding RequiredRM300,000
DescriptionPrepay is an online web platform which acts as an intermediary for 2 parties (Buyer & Seller) and regulates the transaction to make sure both parties fulfill the deal condition.

1. Automate Buyer payment confirmation & courier delivery arrangement for Seller.
2. Able to prevent online fraud during the transaction process.
3. Acknowledged by Bank Negara Malaysia.
Business Opportunity1. Online fraud & scam is happening almost everyday in Malaysia.
2. Existing solution to prevent online fraud deemed ineffective & inefficient.
Online scams recorded losses : RM266m (2017) , RM398m (2018)

Total Market Users : 21,800,000
Online (C2C) Marketplace : 7,500,000 (Mudah.my as benchmark)
Online Gaming : 14,300,000 (Researched by Newzoo)
Revenue / Business Model1. Payment Channel (Fee per transaction):
-Cash Deposit = rm4 – 1.3%
-Online Banking = rm3.5 – 1.3%
-Debit Card = 3.7%

2. Courier Arrangement (Fee per arrangement):
RM1.50 or 15% (whichever higher) from total courier cost.
Management TeamNik Mohd Azri Azaha – CEO
-3 years experience in logistics.
-Develop & operate online private game server at 16 y/o.
-Bachelor degree in Operation Management.

Muhammad Hariz Mohd Khalil – COO
-4 years diverse experience in trading and construction.
-Bachelor degree in Operation Management.

Nguyen Loi – CTO
-9 years experience in web development.
-Full-stack developer.
-Bachelor degree in Information Technology.
Company BackgroundIncorporated : 20/12/2018

Funding:
Bootstrap for MVP development & legal registration – RM10,000
Funding MilestoneAdministration RM9,000 
Marketing RM75,800 
Payroll RM91,000 
Operation RM79,841 
Development RM26,859 
Professional Fees RM8,000 

Total Required: RM290,500
% Equity Allocation20
Expected ROI20% – 35%/year
Risks and MitigationWe consider secure payment sector as “moderate risk high return” investment where the business model itself is a proven business model in many other countries (US, China, Indonesia & others).

We also consider ourselves as a pioneer in Malaysia for this market where we are focusing on P2P/C2C marketplace instead of B2b/B2C like many other international competitor.

Finally, the growth of Malaysia p2p e-commerce & online gaming will definitely increase the odds where it will directly increase the total potential market for this platform.
Exit StrategiesPeriod : 5years & above

Strategy:
-IPO
-Company Acquisition
Company NameASIA PREPAY SDN BHD
Website/Facebookhttps://www.prepay2u.com
Business AddressLOT 37 JALAN PAUH PUNGGAH KAMPUNG MALAYSIA RAYA 57100 SUNGAI BESI W.P. KUALA LUMPUR MALAYSIA
Contact PersonNIK MOHD AZRI AZAHA