Soft Space: The Malaysian fintech behind Asia’s cashless boom

Soft Space: The Malaysian fintech behind Asia's cashless boom Soft Space: The Malaysian fintech behind Asia's cashless boom

KUALA LUMPUR — With cashless payments spreading across Asia, some retailers are now using an even simpler system that allows them to use just a smartphone to process transactions, doing away with dedicated point-of-sale terminals.

One company behind this technology is a Malaysian startup little-known to people outside the finance industry: Soft Space.