It's a hit, baby! Meet Singapore's HitPay. They've just raised a $15.75M Series A led by Tiger Global! 🐯 They're here to build a one-stop no-code platform to power SMEs through payments and business tools.

• Launched in 2018, they have over 10,000 customers, and transaction payment volumes shot up 8x in 2021.
• They're currently active in Singapore, Malaysia, the US, Europe, the UK, Hong Kong, New Zealand, Canada, Australia and the UAE.

Who cashed in? Global Founders Capital and HOF Capital also joined in. Oh, and they joined Y Combinator's S21 batch.

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👇🏼 Why it matters

Small businesses don't have the time, money and access to affordable and efficient digital payments. Also, not everyone can code (or afford an engineer), which already crosses off several solutions.

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🤑 Makin' money go round

Just pick one of their many simple payment solutions. They've got nearly everything! (Zero stealthy hidden fees included.)

Payment gateway. Accept tons of local and international payments from Visa and GrabPay to PayNow and Apple Pay.

• Use their plugins to add the gateway onto your site (no code required) or their API.

Physical and virtual POS. Generate QR codes, send payment links and accept credit cards.

• Use their software on your phone, desktop, tablet or HitPay's physical terminals.

Tons of no-code solutions. Accept recurring payments for subscriptions, create invoices in 100 currencies, receive online donations and launch a website for your online store fast.

• When HitPay called themselves a one-stop solution, they weren't kidding! Even their online store builder comes with everything from inventory management to local and international delivery.

Automations and integrations. They integrate with different products like accounting tools and more, so say bye to manually recording and managing sales, invoices and payments.

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✈️ See you soon?

They're looking to head to new markets in SEA, like Thailand, Indonesia and the Philippines. Plus, they'll also be doubling down on product and hiring.