Orpheus Capital: Pioneering Sharia-Compliant Fintech for Economic Inclusion
Orpheus Capital, established in 2020, emerges as a standout player in Malaysia’s fintech scene, positioning itself as a “Social Impact Sharia Compliant FinTech Start-up For The Underserved.” Specializing in areas like cash management, B2B lending, and digital lending, Orpheus aims to address delayed financing challenges by providing swift and secure sharia-compliant financing to SMEs and individuals. Holding Malaysia Digital (MD) Status, Orpheus is recognized for contributing to the country’s digital economy progression.
Orpheus introduces innovative financial products like ‘GajiNow,’ a Sharia-compliant salary advancement service that protects individuals from loan sharks, offering quick financing without collateral. For SMEs, ‘Contract Financing’ and ‘Invoice Financing’ provide monetary assistance without the need for collaterals, facilitating timely fulfillment of contractual obligations and unlocking cash tied up in receivables.
Since 2021, Orpheus has facilitated the generation of 26 million Malaysian Ringgit in new income for the SME sector, creating 624 new jobs. With a focus on digital innovation and client-centric practices, Orpheus stands out in Malaysia’s rapidly expanding Islamic fintech landscape, addressing the financial needs of the underserved while upholding Islamic finance principles.
