Out of hundreds of applications from 17 countries, homegrown fintech platform NextPay was hailed as the runner-up in the 2022 Shell LiveWIRE Top Ten Innovators Awards for the Business Innovation Category.
Top Ten Innovators is a global competition designed to highlight and reward impactful Shell
BusinessWorld
July 29, 2021 | 12:00 am
FILIPINO fintech startup NextPay raised $1.6 million from a new round of seed funding led by Golden Gate Ventures, a Singapore-based venture capital firm, and Gentree Fund, the private investment vehicle of the Sy family, which owns the SM Group.
NextPay, which was launched during the pandemic in 2020, plans to use the funds to develop more digital banking solutions for its growing customer base of entrepreneurs, freelancers, and micro, small, and medium enterprises (MSMEs). It aims to provide access to financial services like digital invoicing, cash management, and batch payments to any bank or e-wallet in the Philippines.