Allen Goodwin (Founder & CSO); Tunku Dato' Ahmad Burhanuddin (Chairman, Malaysia)

Acquire a live, licensed Malaysian neobank for £1 + ~$1.8–2.0M all-in. ASEAN's first Shariah-compliant challenger bank, alpha-live Oct 2025, anchored by the Malaysian Army Credit Union (560K+ potential users day one).

MyMy is a fully built, licensed-and-operating Shariah-compliant neobank in Malaysia, available for outright acquisition at a £1 headline price reflecting founder exit timing rather than asset quality. The platform features an in-house multi-currency core banking engine, one-minute eKYC, Mastercard network integration, and a strategic partnership with Koperasi Tentera (Malaysian Army Credit Union) providing day-one access to 160,000 direct members and ~400,000 family customers. With 290M unbanked ASEAN adults holding smartphones and 240M ASEAN Muslims as a primary Shariah-native target, the 5-year revenue CAGR is projected at ~150%, with profitability targeted in 2027. Neo-bank Series A rounds have historically averaged $72M post-money; comparable names now trade at $200M–$14B. MyMy's licensed, operating position at a £1 acquisition price represents an extreme of the price-to-stage curve.

• Outright acquisition price of £1 for the operating company, licenses, technology and customer pipeline
• Malaysian eMoney licence approved January 2024; alpha live with real customer transactions October 2025
• ASEAN's first Shariah-compliant challenger bank targeting 240M ASEAN Muslims
• Strategic anchor partnership with Koperasi Tentera (Malaysian Army Credit Union): 160,000 direct members, ~400,000 including families, backed by RM $10M 2020 cooperation agreement
• In-house multi-currency core banking engine (zero legacy tech), one-minute eKYC with three-factor authentication, Mastercard network attached
• Total all-in buyer commitment approximately $1.8–2.0M (£1 acquisition + $1.2M regulatory capital + 12-month runway at $35–40K/month burn)
• 5-year financial forecast: 3.76M active users and $347.5M revenue by end-2029; profitability targeted 2027; 5-year revenue CAGR ~150%
• Expansion roadmap: Singapore & Philippines licence applications 2026–27; target 1M+ active users by end-2026

A principal or strategic acquirer able to deploy $1.2M regulatory capital plus a 12-month operational runway (~$1.8–2.0M total all-in), with appetite for ASEAN fintech expansion and the ability to satisfy Malaysian regulatory capital verification requirements.