Say hi to Bayo Pay! They help fintechs launch their own mobile wallet system and branded payment cards. And they just raised a $2.2M Series A! 

Investor check. The round was led by VentureTECH SBI, and VentureTECH, a government-backed impact investment company. 

‍

🏦 What’s the label? 

Bayo Pay’s white-label model lets clients customize and scale payment solutions through their API integrations! 

• Uniquely yours. Bayo Pay scopes out your security and quality requirements so you can get a modular solution that’s the tailored fit.
• All-in-one. Their mobile wallet has loyalty management, remittance, card management, marketplace, and bills payment features.  
• Stay competitive. Launch additional features like customer engagement platforms, security modules, and digital payment solutions fast.

They’re official! Bayo Pay trust funds are kept in Maybank, which is regulated by Bank Negara Malaysia. Oh, and they’re also a licensed Mastercard non-bank e-money issuer–so your payment cards are legit. 

‍

💹 What the future holds?

Bayo Pay will use the $$$ grow their teams and expand their client base.