Exciting news for Hong Kong's startup landscape! KPay Group, a leading fintech startup revolutionising payment solutions for businesses, has raised an impressive US$55 million in Series A funding. In just three years, this homegrown startup has scaled rapidly, growing from its roots in Hong Kong to serve over 45,000 merchants across Hong Kong, Singapore, and Japan. We can’t wait to see what’s next as #KPay continues to drive meaning changes in the industry! -- Looking for opportunities as a startup or investor? Get in touch with us: https://lnkd.in/guMgSpw7 Subscribe to the StartmeupHK eNewsletter: https://lnkd.in/gRZuyXsQ #InvestHK #StartmeupHK #startups #fintech #innovation #technology #payment #merchants
KPay secures record USD 55 million, marking 2024’s largest series A fundraise globally in the payments sector. This investment will provide the basis to support our merchants with product innovation, enriched customer experience, and operational excellence. Meanwhile, we will broaden our reach into new merchant industry categories, merchants of all sizes, and merchants operating in other underserved markets across Asia. Today, KPay group is embarking on a new chapter with our unwavering commitment. We are very grateful to our partners, merchants and employees who have been along with us on this fabulous journey. Read more about the fundraise from below media coverages: TechCrunch - https://bit.ly/41f9mhy Hong Kong Economic Journal - https://bit.ly/3VmEvMt #KPay #KPaySeriesA #ThrivewithKPay