The accelerator program jointly organized by GXBank Berhad (GXBank) and Grab Malaysia (GRAB), TeXnovasi 2025 has drawn the curtain by crowning three top winners. The six-month program aims to build a more comprehensive digital ecosystem, and support new businesses in bridging the financial gap that still exists among Malaysians.
Finory.tech emerged as the champion of this first edition of the TeXnovasi program through its proprietary statement parsing technology designed to extract, categorize and analyze financial data more efficiently. The platform gives users the ability to understand and manage finances in depth based on their own data.
Finory.tech
In second place, Swipey highlighted innovation in the form of a CFO technology platform that combines financial operations (FinOps) and banking specifically for small and medium enterprises (SMEs). It uses artificial intelligence (AI) and automation technology to offer intelligent systems that help SMEs operate more efficiently and at scale.
Swipey
Meanwhile, third-place Cashku produced a digital financial planning app that provides easy financial advice, budget management and access to investments. It targets underserved communities by providing a comprehensive and affordable approach.
Cashku
The three winners were selected through a staged evaluation process that began with nearly 60 entries from various local startups. Only the top five teams were shortlisted for an intensive coaching session involving sessions with mentors from Grab and GXBank.
Participants were also provided with a Master Class session covering business operations, data protection, cybersecurity and marketing strategies before their respective models were presented on Demo Day. The jury consisted of big names in the industry such as investors and representatives of the organizers.
As a next step, the three winning companies will begin collaborating with GXBank to develop prototype projects to test the marketability of the solutions at a commercial level. GXBank is also considering incorporating these innovations into their services to provide attractive added value for customers.
This program also received support from Cradle Fund Sdn Bhd (Cradle) and 1337 Ventures in an effort to improve the effectiveness of implementation, especially in terms of guidance to participants.