KUALA LUMPUR, March 24 — PolicyStreet, backed by Khazanah Nasional Berhad, recorded over USD1 million in Profit After Tax for FY2025 — its first profitable year — as revenue grew more than 2.5 times year-on-year following its USD15.3 million Series B funding in 2023.
The growth was driven by expanding embedded insurance partnerships and stronger reinsurance operations, with its Labuan entity earning an upgraded ‘a+’ rating from RAM Rating Services Berhad in December 2025.
Serving over 10 million customers with more than USD10 billion in sum insured, the company plans to further enhance underwriting and digital capabilities while accelerating regional expansion.
