BFM 89.9

HIGHLIGHTS 
Podcast  >  Enterprise  >  Open For Business  >  Being SME-First: How HitPay Scaled to $1B Volumes

Being SME-First: How HitPay Scaled to $1B Volumes

Aditya Haripurkar, CEO & Co-Founder, HitPay

17-Dec-25 10:00

Being SME-First: How HitPay Scaled to $1B Volumes

The Southeast Asian payments landscape is a fierce battleground, crowded with global giants like Stripe and Adyen, regional heavyweights, and local gateways. Yet, HitPay has carved out a lucrative niche, processing over $1 billion annually for more than 10,000 businesses across the region.

CEO Aditya Haripurkar joins us to explain why the region needed an "SMB-first" payments player. He details HitPay’s journey from e-wallet and a Venmo parallel to securing a $16 million Series A led by Tiger Global, driven by a 100% compound annual growth rate.

We discuss:

  • The Boom: How HitPay went from processing $100k to $20 million monthly in under two years.

  • Differentiation: Why focusing on "omni-channel" and local payment methods beats the enterprise-first approach.

  • The Business Model: Why HitPay gives away POS software and website builders for free.

  • Capital Efficiency: processing $1 billion annually with a team of just 36 employees.

Future Trends: Why HitPay is integrating stablecoin payments for Singaporean merchants.

Produced by: Roshan Kanesan

Presented by: Roshan Kanesan


This and more than 60,000 other podcasts in your hand. Download the all new BFM mobile app.

Categories:  technologyeconomyentrepreneursSME

Tags:  SME strategyfintechpaymentsSoutheast Asia Techstartup growthventure capital





Play / Pause

Listen now : Discovery Hour: An eclectic selection of BBC shows, curated with variety in...

Today’s Shows



6:00 AM

The 6AM Stretch

Thought-provoking discussions on ideas, people and events shaping our lives.

7:00 AM

World Market Watch

Carlos Casanova, Senior Economist, UBP (Union Bancaire Privee) tells us where international markets are heading.

7:15 AM

Morning Brief

We recap global and local headlines from today's papers and portals.

7:30 AM

Morning Brief

Lee Meng Horng, Senior Analyst, RHB Investment Bank shares his insights on Malaysia's small to mid cap companies outlook for 2026.

7:45 AM

Morning Brief

Wong Chen, MP for Subang, discusses a proposed development near the Ayer Hitam Forest Reserve.

8:00 AM

The Breakfast Grille

Tindaro Danze, President & CEO of Siemens Malaysia talks about our country's data center industry, automation in manufacturing and more.

8:30 AM

Morning Brief

Datin Noor Azimah Abdul Rahim, Chairperson, Parent Action Group for Education Malaysia (PAGE) discusses MOE's educational reforms for government schools in Malaysia.

8:45 AM

Morning Brief

Dr. Azmi Hassan, Nusantara Academy, discusses the Cabinet reshuffle which was announced yesterday.

9:00 AM

Opening Bell

(REPEAT) Carlos Casanova, Senior Economist, UBP (Union Bancaire Privee) tells us where international markets are heading.

9:15 AM

Opening Bell

(REPEAT) We take a look at the FBM KLCI as well as regional capital markets.

9:35 AM

The Property Show

Recap of Property Show on Pest Management episodes in 2025.

10:05 AM

Open For Business

Aditya Haripurkar, Co-Founder & CEO, HitPay

11:00 AM

The Workplace

Yeoh Chen Chow, Founder, 1% Advisory & Coaching

12:00 PM

Enterprise Explores

Shazrul Asari & Dhruva Murugasu, Partners, Bain & Company

1:00 PM

The Breakfast Grille Repeat

Tindaro Danze, President & CEO of Siemens Malaysia talks about our country's data center industry, automation in manufacturing and more.

2:05 PM

Discovery Hour

An eclectic selection of BBC shows, curated with variety in mind.

3:05 PM

Earth Matters

Sarojeni Rengam explains how agroecology offers a climate-smart, people-centred alternative to pesticide-heavy farming.

4:05 PM

Health & Living

FDA has removed the black box warning for menopause hormone therapy. We look at what this means and whether hormone therapy is safe.

5:00 PM

Top 5 at 5

6:00 PM

Big Issue

A look at Malaysia’s human rights performance in 2025, as activists outline major gains, gaps and concerns in this year’s national rights report card.

7:00 PM

Stories of KL

We explore what it means for Kuala Lumpur to be a Creative City of Design.

8:00 PM

Cruise Control

Daniel got the chance to take the Ferrari 12Cilindri for a spin, and he's here to tell us all about it!