How Wahed Automated Its Investor’s Regular Contributions with Razorpay Curlec

Wahed, a global Shariah-compliant investment platform, partnered with Razorpay Curlec to automate recurring deposits via Direct Debit. By integrating our Subscription Feature, Wahed eliminated manual payment friction, resulting in 20% of active investors adopting automated contributions, significantly higher retention rates, and predictable monthly investment volume growth for their Malaysian operations.

Success Story: Simplifying Halal Investing with Automated Payments
In this client testimonial, Zayan Yassin, CEO of Wahed Malaysia, shares how Razorpay Curlec solved the challenge of consistent investing. For a long-term wealth platform like Wahed, the biggest hurdle wasn't the market, but the manual effort required by users to deposit funds every month.

The Challenge: The Friction of Manual Deposits
Before implementing an automated payment gateway, Wahed users had to manually transfer funds. This led to:
- Inconsistent investing patterns.
- High "drop-off" rates due to forgotten monthly contributions.
- Operational hurdles in tracking manual inflows.

The Solution: Razorpay Curlec Subscription & Direct Debit
By leveraging the Razorpay Curlec Subscription Feature, Wahed created a set-and-forget experience. Key features included:
- Native App Integration: A seamless UI experience without external redirects.
- Automated Mandates: Users set up weekly or monthly recurring payments in just a few taps.
- Backend Visibility: Real-time tracking of all recurring mandates via the Razorpay Curlec dashboard.

The Results: Scalability and Retention
The impact of automating recurring payments was immediate:
- 2 in 10 active investors now use recurring deposits.
- Significant growth in Monthly Investment Volume.
- Higher Customer Lifetime Value (LTV) through improved retention.
- Predictable business inflows and simplified backend operations.

"Razorpay Curlec is smooth, simple and just works... Investing becomes effortless and for Wahed, this means stronger retention and more engaged investors." — Zayan Yassin, CEO of Wahed Malaysia.

Видео How Wahed Automated Its Investor’s Regular Contributions with Razorpay Curlec канала Razorpay Curlec MY