Qashier Achieves Profitability and Raises $6.125M for Expansion in Southeast Asia

Qashier's Growth and Future Prospects

Qashier, a prominent unified merchant operating system serving Southeast Asia, recently announced significant milestones—achieving profitability and raising $6.125 million to accelerate its growth. With a burgeoning annual payment volume that recently hit $1 billion, Qashier has positioned itself as a vital player for merchants across the region.

Financial Milestones

In just over a year, Qashier has recorded impressive financial progress. The company achieved a 61% growth in its annual recurring revenue in 2025 and has maintained monthly profitability since December 2025. This success comes despite an investment of less than $20 million, highlighting Qashier's remarkable operational efficiency compared to others in the payment sector.

The recent Series A+ funding round was led by Cocoon Capital, IFP Securities, and BlackSoil Global, with support from strategic angel investors. The capital raised will be utilized to advance product development and expand Qashier's reach within the region—enabling a boost in services and infrastructure that support over 20,000 merchants in Singapore, Malaysia, Thailand, and the Philippines.

Addressing Market Challenges

Southeast Asia represents a massive opportunity, home to over 70 million SMEs along with a booming digital payments market that exceeds $1 trillion. However, fragmentation in payment systems often leaves merchants juggling multiple providers for various services, complicating their operations and hindering growth.

Qashier aims to change this paradigm by consolidating essential business operations onto a single platform. Their offerings combine payments, business software, customer relationship management (CRM), and embedded financial services. With over 50 integrated modules, their platform significantly simplifies processes ranging from order management to customer engagement and financial transactions.

Innovative Lending Solutions

One of Qashier’s standout offerings is QashierLoans, a revenue-based lending product introduced in June 2025. This innovative solution utilizes proprietary data collected from the platform to assess creditworthiness and facilitate lending. With more than $10 million disbursed to over 100 SMEs, Qashier is evolving from a software provider to an essential financial partner in the growth of the SMEs it serves.

As Christopher Choo, co-founder and CEO, articulates,