Vircle

Should Penjana Kapital Sdn. Bhd. and Malaysia Venture Capital Management Berhad have been merged into Khazanah Nasional Berhad? In this episode of Enterprise Explores, we dive into this and other key reactions to Budget 2025 and its impact on the startup ecosystem. Joining us to discuss the potential hits and misses of the budget: Bikesh Lakhmichand of 1337 Ventures, and Gokula Krishnan Subramaniam of Vircle. We explored whether the initiatives announced move the needle for the ecosystem, what the community is really looking for, and more. Listen on BFM here: https://lnkd.in/guti_hbJ Or on Spotify here: https://lnkd.in/gVpRE3zM

“The world is going cashless, but kids still face high friction when it comes to going cashless because of the limitations on their banking access,” shared Founder & CEO Gokula Krishnan Subramaniam of 500-backed fintech startup Vircle. Vircle allows parents to allocate funds to their kids with specific rules about how and where the money can be spent. Children can learn how to manage money within safe parameters. The team currently serves 70 schools, with more in the process of being onboarded. Transaction volumes are growing by 8-10% per month, and Gokula hopes to breakeven by 2025. They are also looking to acquire a company in Malaysia, and form a joint venture with a partner in Southeast Asia for overseas expansion. Read the full story on Tech in Asia: https://bit.ly/4gZnPUt #500Global #500SoutheastAsia #500Strong #startups #technology #innovation #venturecapital #asia #southeastasia #malaysia #fintech #moneymanagement #financialliteracy Photo credit: Vircle

🚀 𝐏𝐫𝐨𝐮𝐝 𝐭𝐨 𝐛𝐞 𝐩𝐚𝐫𝐭 𝐨𝐟 𝐚 𝐜𝐨𝐦𝐩𝐚𝐧𝐲 𝐭𝐡𝐚𝐭'𝐬 𝐦𝐚𝐤𝐢𝐧𝐠 𝐰𝐚𝐯𝐞𝐬! 🚀 When I first met Gokula Krishnan Subramaniam, he shared a story about his daughter, who thought the family would run out of money if he stopped traveling for work, as saving wasn't something they had ever discussed. It struck a chord with me because, although I spent much of my 20s teaching kids traditional academic subjects, financial literacy was never top of mind. Fast forward to today, financial literacy is all I think about. Working at Vircle has been a game-changer. Gokula’s vision for building a safer financial future for children fuels our mission every day. From launching Malaysia’s first child-safe prepaid card to empowering kids with financial literacy tools in schools, Vircle is not just another fintech — it's a movement. We’re driving a cashless future for families and gearing up for exciting international expansion! If you’re passionate about making a real impact, come join us as we redefine financial responsibility for the next generation. Big thanks to Tech in Asia and Emmanuel Samarathisa for the feature.

From teaching kids about financial literacy to inspiring MBA students with our entrepreneurship journey! 💪 Every time we share our story, we’re reminded of why we embarked on this path. We hope this experience was as rewarding for the aspiring entrepreneurs as it was for us. 🤩

It's been a challenging journey, but we're thrilled to announce that we've successfully partnered with U Mobile to get a foot into the public school system! Huge thanks to Fintech News Malaysia for accurately capturing the essence of this collaboration. #fintech #umobile #startup #financialliteracy