Kuala Lumpur, Malaysia – A consortium of four innovative startups, HariWang, CrowdShop, RentLaB, and Swipe, have come together to introduce a unique integrated solution for the corporates and businesses in Malaysia. These companies have combined their market expertise and resources to create a comprehensive Privilege Rewards program that leverages dynamic discounting technology and advanced payment solutions to offer unmatched benefits to their clients.
The Privilege Rewards program aims to reach and serve a variety of different industries. By targeting different verticals, the Privilege Rewards program provides a more holistic and valuable rewards experience for consumers, making it a more attractive option compared to other rewards programs. Privilege Rewards Program also provides value to participating businesses by helping them reach new customers, improve customer loyalty, increase brand recognition, and better understand the customers. By combining the technologies and expertise from these four different verticals, the program aims to create an innovative rewards program that provides value to both consumers and businesses.
“We are thrilled to bring this pioneering program to Malaysia,” says Steven Yap, Co-founder of HariWang. “This is the first time a super app has been developed and built on the combined solutions of a group of startups. By working together as a team, we can focus on each of our areas of expertise while still delivering a fully integrated solution to our clients.”
The Privilege Rewards program will also include offerings from other companies as it evolves. This will allow the program to continue growing and evolving to meet the needs of consumers. The program will seek to partner with companies that offer innovative services, such as telemedicine or social donation.
“The consortium brings more value to the startups not only to focus on individual products to fit the business niche but leverage each strength as ONE to provide a total solution to our corporate customers. This is a good example of Malaysia’s startup ecosystem. We succeed together,” says Swipe CEO Azarul Hakim.
The idea was born from the opportunity to meet and collaborate with other like-minded entrepreneurs and to get guidance from experienced mentors during their journey in the MYStartup Pre-Accelerator Program and within the BEYOND4 ecosystem.
The goal of the Privilege Rewards Program is to provide a one-stop-shop for rewards and benefits that cater to the needs of different groups of users, making it a comprehensive and valuable option for employees, shoppers, and tenants. For example, for shoppers, the program may offer rewards and incentives for making purchases at participating businesses, helping to increase customer loyalty and drive sales. For tenants, the program may offer benefits such as cashback on rental payments with the added advantage of fast and efficient payment and collection processes.
“This integrated HRtech, Fintech, Proptech, Retailtech, and Marketplace solution offers an innovative approach to the digitalisation of businesses while bringing exceptional benefits and user experience to the consumers,” says Wong Keh Wei, founder & CEO of RentLaB.
The consortium is eagerly working towards the launch of their final product, the Privilege Rewards Program to start providing value to users as soon as possible through this rewards program. The exact launch date may be subject to various factors, but the consortium is determined to make the program available to users in the first half of 2023 and bring great value to their lives.
This success of this consortium is made possible with the support of multiple partners like BlackStorm Consulting, Xprenia, BasicBrix and Arma. More information about the Privilege Rewards Program will be announced at a later date.
About HariWang
HariWang (https://www.hariwang.com.my/), a hybrid between HR Tech and Fintech platform which allows employees to get a part of their salary in advance and provides financial services to the employees by partnering with their employer to link up payroll and attendance with Hariwang system.
About CrowdShop
CrowdShop (https://crowdshop.co/) is a digital voucher marketplace that harnesses the power of dynamic discounting technology to help merchants provide progressively discounted offers based on sales performance.
About RentLaB
RentLaB (https://rentlab.com.my/) is a cutting-edge property rental solution that simplifies and enables rental transactions to be completed online contactless and seamlessly. Its unique rental bidding mechanism offers a healthy, fair and transparent rental environment for all.
About Swipe
Swipe (https://swipego.io/), the pioneering meta payment gateway, empowers businesses to seamlessly accept, manage, and distribute their online payments. By integrating with various payment sources, Swipe enables businesses to streamline their payment processes, eliminating the need to manually reconcile payments from multiple sources.