Fave is the next generation Digital Merchant Platform that empowers offline merchants to grow and connect with their customers in a whole new way.

Fave brings you discounted offers on awesome things to eat, do, see, and experience in your city – all from a single, convenient mobile app!

Fave was founded in 2015 by Joel Neoh & Chen Chow Yeoh. The company is based in Bangsar South , Kuala Lumpur, Malaysia. The company has operations across the region including Malaysia, Indonesia, Singapore, Hong Kong and The Philippines being a part of the Fave Group means you get to be part of a larger Southeast Asian story.

Fave makes loyalty easy for millions of consumers across SEA; providing everyday happiness through rewards and convenience in 12 cities and 3 countries across multiple everyday categories by providing loyalty cashback and thousands of reward vouchers in one cashless mobile app.

Fave offers:

* FaveDeals- enables merchants to offer rewards and discount vouchers to customers to increase discovery and frequency of purchase.

* FavePay- - is a cashback rewards platform that enables merchants to offer convenient in-store payments and cashback rewards to customers for their next visit. This provides a quick and easy way for merchants to have a plug-and-play loyalty solution, with zero upfront cost to start driving loyalty for their own customers within minutes.

* FaveBiz- equips offline businesses with easy-to-use mobile & desktop tools to grow & monitor their business.

 

Fave is backed by Sequoia Capital, Ventura Capital, Axiata Digital Innovation Fund, SIG China (SIG Asia Investments). The company raised $20M in its most recent "Series B" financing on Sep 6, 2018. This brings Fave's total funding to $32M to-date. 

 

Fave has also acquired Groupon Malaysia, Groupon Indonesia, Groupon Singapore, & cutQ to-date.

 

 

  • Year founded: 2015
  • Funding Info: $32M in 2 Funding Rounds (Last Funding Type: Series B)
  • Yearly Revenue: $100M (2018)
  • Employee Size: 201-500
  • Business Valuation: NA
  • City/Town: Bangsar South
  • State: Kuala Lumpur
  • Country: Malaysia
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