KUALA LUMPUR, Malaysia, Feb. 16, 2026 /PRNewswire/ — Malaysia’s digital transformation continues to achieve momentum because the Malaysia Digital Financial system Company (MDEC) strengthens its efforts to empower native innovators via strategic collaborations and various funding avenues.
WAHDAH exchanging MoU paperwork with Haup Automobile at MDEC DEX Connex 2025, reinforcing regional mobility collaboration between Malaysia and Thailand.
One of many newest success tales rising from Malaysia’s digital ecosystem is WAHDAH Applied sciences Sdn. Bhd., a homegrown mobility and travel-tech firm that connects mobility, automotive and tourism sectors via an built-in digital platform.
MDEC has been instrumental in WAHDAH’s journey, facilitating ecosystem visibility, offering market entry and enabling participation in strategic digital adoption programmes These initiatives have helped strengthen WAHDAH’s technological capabilities, speed up its enterprise mannequin evolution and assist its regional development trajectory.
This announcement comes at a pivotal time as Malaysia advances its digitalisation agenda below Malaysia Digital (MD) and RMK12, notably inside precedence areas resembling digital mobility, travel-tech and platform-based innovation. The collaboration between MDEC, Malaysia Debt Ventures Berhad (MDV) and WAHDAH additionally reinforces aspirations below AI Nation 2030, supporting the event of data-driven mobility options, fleet intelligence and cross-border digital commerce.
“MDEC stays dedicated to empowering high-potential Malaysian innovators resembling WAHDAH to speed up digital adoption and regional enlargement,” stated Anuar Fariz Fadzil, Chief Government Officer of MDEC “This collaboration with MDV reinforces key nationwide priorities below Malaysia Digital (MD), RMK12 and AI Nation 2030 by supporting data-driven mobility platforms, strengthening digital-first enterprise fashions and opening pathways for Malaysian tech corporations to develop throughout Southeast Asia. WAHDAH’s progress displays the power of Malaysia’s ecosystem in nurturing future regional digital champions.”
Recognizing WAHDAH’s potential to steer innovation in Malaysia’s digital mobility panorama, Malaysia Debt Ventures Berhad (MDV), a subsidiary of the Minister of Finance (Integrated) [MOF Inc] and an company below the Ministry of Science, Know-how and Innovation (MOSTI), has prolonged a RM2.5 million financing facility to assist and speed up WAHDAH’s mission. MDV’s financing help mannequin helps WAHDAH’s working capital must maintain enterprise development and strengthen operational capability.
Collectively, MDEC and MDV have carved a transparent development pathway for WAHDAH, supporting its scale up and positioning the corporate in direction of a cumulative projected income development of RM40 million
WAHDAH is a mobility and journey tech firm that connects the worlds of mobility, automotive, and tourism by empowering how folks transfer, personal, and expertise journey throughout Malaysia, Indonesia, and Singapore via each bodily hubs and digital platforms.
Working throughout all key financial areas of Malaysia, WAHDAH is supported by practically 100 workers with bodily touchpoints nationwide, together with regional hubs and satellite tv for pc workplaces in Langkawi, Kuala Lumpur, Penang, Ipoh, Melaka, Johor Bahru, Jakarta and Singapore. These hubs function strategic bases that present complete end-to-end mobility and buyer assist options.
By leveraging digital platforms and data-driven programs, WAHDAH has redefined the mobility expertise throughout Southeast Asia. Its ecosystem consists of Driveo, a fleet administration platform that digitizes the complete cycle of car possession from Buy, Defend, Keep, Earn, and Promote and Trevabook, a travel-tech model that delivers genuine, locality-driven journey experiences consistent with Malaysia’s imaginative and prescient of sustainable and inclusive digital development.
“WAHDAH has demonstrated robust potential and functionality to scale past Malaysian shores and MDV is assured that with the proper funding assist, it is going to proceed to develop and ship influence throughout the broader digital ecosystem,” stated Rizal Fauzi, Chief Government Officer (CEO) of MDV.
This partnership underscores MDV’s continued dedication to empowering technology-based corporations and start-ups via modern and specialised options that drive sustainable development and strengthen Malaysia’s place as a regional innovation hub.”
Following WAHDAH’s robust efficiency, WAHDAH is constantly searching for strategic alternatives that may additional speed up its development and technological development.
The alignment between MDEC’s digital empowerment applications and MDV’s financing initiatives, and the success of native innovators like WAHDAH displays Malaysia’s evolving technique, one which merges institutional assist, innovation and entrepreneurship to strengthen the digital financial system.
By way of continued collaboration, Malaysia reaffirms its dedication to constructing a dynamic, sustainable, and inclusive innovation ecosystem, one the place private and non-private sectors transfer in tandem towards a shared imaginative and prescient of a future-ready digital nation.
