Upsizing to support more small retailers

"We hope to revive other areas of the Malaysian economy as well,” says Eatcosys co-founder Tham Lih Chung.

RETAIL tech solutions provider Eatcosys Sdn Bhd has successfully raised RM10mil through an equity crowdfunding (ECF) campaign on Fundnel and a concurrent private placement. This values the company at more than RM100mil.

The funds raised will primarily go towards expanding Eatcosys’ technological development and strategic investments in the fintech space that will help small retail businesses attract, retain and reward new and existing customers.