Kuala Lumpur, 3 September 2025 – Malaysian tech company Byond Tech Global Berhad, developer of the HR-tech platform MySyarikat, has signed a strategic Memorandum of Understanding with Maybank to launch Malaysia’s first partnership for business continuity and estate planning solutions tailored for small and medium enterprises (SMEs).
This innovative collaboration brings a cloud-based HR platform into a formal partnership with a bank-backed licensed trust company to bring estate and succession planning into the digital HR ecosystem. Both parties aim to support SMEs not just in managing teams, but in planning for long-term protection and continuity.
MySyarikat and Maybank Launch Malaysia’s First HR-Estate Planning Solution for SMEs
“Our aim has always been to make HR simpler, faster, and fully compliant for growing businesses. But we also know that operational efficiency is only one part of building a sustainable company,” said Malik Hairuddin, Founder & CEO of Byond Tech. “This collaboration is about looking ahead – empowering SMEs not just to run better, but to be better prepared. Legacy and continuity shouldn’t be afterthoughts, and with Maybank, we’re giving business owners the tools to plan with clarity and confidence.”
Launched in 2019, MySyarikat is a cloud-based Human Capital Management (HCM) platform that helps SMEs and mid-sized enterprises streamline HR processes – from recruitment, onboarding, and payroll, to e-claims, e-leave, training, and compliance. Today, the platform supports over 27,000 businesses and 180,000 active users across Malaysia, Singapore, Brunei, and Indonesia. Its clients span sectors including hospitality, retail, education and healthcare, with notable users such as Todak, Richiamo Coffee, UniKlinik, and Bawal Exclusive.
“There’s no reason estate planning should sit outside the digital ecosystem SMEs use every day. We’re proud to be the first to bridge that gap,” said Afiq Arbae, Chief Business Development Officer at Byond Tech.
“Through this partnership, we’re embedding legacy planning tools into the platforms businesses already rely on – and normalising succession planning as part of everyday business operations. It’s a meaningful step forward for how we support SMEs in the long run.”
With plans to expand regionally and move toward IPO, Byond Tech is actively growing its ecosystem of partnerships, financial tools, and value-added services around MySyarikat. The MOU with Maybank is part of that strategic roadmap.
“Succession planning is a critical area that is often misunderstood or neglected, particularly among SMEs. Without an effective succession plan, businesses may face considerable risk and instability when the unexpected happens,” said Nor Fazlina Mohd Ghouse, CEO of Maybank Trustees Berhad.
“As a leader in trusts and in conventional and Islamic estate planning, we are excited to break down the barriers to legacy solutions through this collaboration. Ultimately, we want to empower business owners to plan wisely and protect what they have worked so hard to build,” she added.
“This isn’t just a value-add – it’s a survival tool,” added Malik. “SMEs often focus on operations but delay legacy planning. We want to help shift that mindset by not only providing easy access, but also education and awareness.”
The collaboration also supports Malaysia’s broader digitalisation and financial literacy goals, giving SMEs a more holistic ecosystem that covers the full business lifecycle – from recruitment to retirement, growth to succession.
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