KPay offers a unified financial management platform for merchants and SMBs, combining payments, payroll, bill settlement and both local and global remittance. The company partners with more than 150 SaaS providers, banks, and financial service firms to integrate services. It serves 45,000 merchants across Hong Kong, Singapore and Japan and plans to expand into additional Asian markets. KPay is investing in payment technologies to provide greater flexibility, speed and security, and is exploring how AI can improve merchant experience, operational efficiency and revenues. The startup aims to grow to 1 million merchants within five years and pursue inorganic growth such as strategic mergers and acquisitions. Since inception, KPay’s revenue has achieved a compound annual growth rate of 166%; the company did not disclose absolute revenue or profitability. KPay has roughly 440 staff across its bases in Hong Kong and Singapore.

Total raised

$55M

Funding rounds

1

Latest round

Series A

Latest activity

Dec 2024