E-InvoicingMalaysia

Financio vs Biztory

Side-by-side comparison for LHDN MyInvois e-invoicing in Malaysia 2026. Find out which solution fits your business.

Last updated: March 2026Independent comparison — not affiliated with either vendor
Financio logo

Financio

Free cloud accounting with e-invoicing compliance for startups

LHDN CertifiedSaaSFrom RM5/mo
Biztory logo

Biztory

Cloud accounting for Malaysian SMEs with hassle-free e-invoicing

LHDN CertifiedSaaSFrom RM69/mo

Feature Comparison

FeatureFinancioBiztory
Starting Price
RM5/moBetter
RM69/mo
Software Type
SaaS
SaaS
LHDN Certified
✓
✓
Peppol Ready
–
–
API Available
–
–
Implementation Support
–
–
Industries Covered
3
4Better

Industry Coverage

IndustryFinancioBiztory
Professional Services✓✓
Retail✓✓
F&B✓✓
Education–✓

About Financio

Financio offers a free-tier cloud accounting solution with full LHDN e-invoicing support. It handles invoicing, expense tracking, and bank reconciliation while ensuring your e-invoices meet MyInvois formatting requirements. A great starting point for micro-businesses and startups that need to comply with e-invoicing regulations on a tight budget.

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About Biztory

Biztory is a cloud-based accounting software designed for Malaysian SMEs with a focus on simplicity and compliance. It features automated SST calculations, e-invoice generation via MyInvois, and real-time financial dashboards. With its mobile-first approach and affordable pricing, Biztory helps small business owners manage their books and stay e-invoicing compliant without accounting expertise.

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Choose Financio if…

  • ✓More affordable starting price (RM5/mo)
  • ✓You prefer a cloud-based solution with no hardware
View Financio profile

Choose Biztory if…

  • ✓Your business spans multiple industries
  • ✓You prefer a cloud-based solution with no hardware
View Biztory profile

Frequently Asked Questions

Is Financio or Biztory better for MyInvois in Malaysia?

Both Financio and Biztory support LHDN MyInvois e-invoicing in Malaysia. Financio does not currently support Peppol, while Biztory does not currently support Peppol. The best choice depends on your invoice volume, industry, and whether you need Peppol for B2G or international transactions.

What is the price difference between Financio and Biztory?

Financio starts from RM5/month. Biztory starts from RM69/month. Actual costs vary based on users, modules, and transaction volume.

Does Financio support Peppol e-invoicing in Malaysia?

Financio does not currently list Peppol readiness. For businesses requiring Peppol (such as those trading with government agencies), consider a Peppol-ready vendor from our directory at https://einvoicingmalaysia.com/vendors?peppol=true.

Which industries does Financio support?

Financio supports the following industries: Professional Services, Retail, F&B.

Can I switch from Financio to Biztory mid-year?

Switching e-invoicing software mid-year is possible but requires careful data migration planning. Ensure your historical e-invoice records and UUIDs from MyInvois are exported before switching. Both vendors may offer data migration support — confirm with each vendor before committing.

Related Comparisons

bukku vs financio→bukku vs biztory→financio vs zoho books→financio vs quickbooks→

Not sure which is right for you?

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EInvoicingMalaysia.com is an independent directory. We are not affiliated with LHDN or the Malaysian government.