Fourteen years managing financing repayments via BPA salary deduction.
Fortune Catalyst is an outsourcing management company in financial services, specialising in Repayment Platform Provider services using the Biro Perkhidmatan Angkasa (BPA) code. The code provides the platform for all monthly loan repayments to be collected at source via salary deduction.
Over the last 14 years, the company has managed financing repayments and remittance to lending banks involving a loan base of more than RM2 billion — earning regular monthly income for providing such service until all loans are fully settled.
Key moments in Fortune Catalyst's growth as a repayment platform provider.
Signed an agreement with an entity holding an exclusive BPA code to manage and operate repayment collection for a local premier bank, with an accumulated loan base of more than RM1.5 billion.
In August 2023, Fortune Catalyst Sdn Bhd successfully obtained its own BPA deduction code — a significant milestone enabling greater independence and control over collection operations.
From October 2024, acting as an outsourced service provider offering a monthly repayment platform via salary deduction through BPA. As of today, the cumulative portfolio with RHB Islamic Bank has exceeded RM1 billion.
Operations run from Radia Office, Shah Alam with more than 15 staff, and the company plans to further expand its workforce in line with business growth.