Give me a K(Pay)! Meet KPay, a Hong Kong-headquartered fintech that just raised $55M in a Series A!

They’re a one-stop financial management and business operations platform.

• Founded over three years ago, they’ve hit 166% revenue CAGR since then.
• They operate across Hong Kong, Singapore and Japan.

Investor check. The round was led by Apis Growth Markets Fund III and Apis Global Growth Fund III.

• It’s their first institutional funding round.
• It’s the largest Series A in the payments sector globally in 2024.

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🤑 How it works

They’ve got an-all-in-one solution for the financial, operational and digital transformation for merchants of all sizes.

• They serve more than 45,000 merchants in the region.
• SMEs account for 55.8 percent of total employment in Asia.
• They partner with over 150 SaaS providers, banking institutions, and financial services firms.

Payment collection, your way. Accept payments easily through POS, QR, kiosk, payment link, or payment gateway.

• Their POS smart terminal has as many as 19 payment methods.

Payouts made simple. Open a business account with them, or choose to centralize all your bank accounts in one place.

• Pay from any of your banks instantly with just one tap.

And more. They have 100+ operational systems and tools you can choose from. Their consultants will guide you to make sure you’re buying what you need—and not wasting $$$ on random tools.

• Access growth tools, sales and ordering tools, financing, and accounting services.

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🔜 Talking about the future

They’ll push for organic growth and product development, speed up go-to-market, improve customer experience, expand across Asia, and look into strategic mergers and acquisitions.

• They also plan to double their partnerships to support even more businesses across Asia in their financial and digital transformation journey.