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Fintech startup NextPay raises $1.6M from Sy Group, Singaporean venture capital firms


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. ....

Don Pansacola , Lisa Gokongwei Cheng , Rohit Mulani , Nextpay Co , Sm Group , Gentree Fund , Gentree Fund Vice , Ayala Group Kickstart Ventures , Jg Summit Holdings Inc , Golden Gate Ventures , Tribe Capital , Broadhaven Ventures , Ayala Group , Kickstart Ventures , Goodwater Capital , Nextpay Co Founder , Chief Experience Officer Aldrich , Fund Vice President Mark Sng , ஸ்ம் குழு , ஜுக் உச்சிமாநாடு ஹோல்டிங்ஸ் இன்க் , தங்கம் வாயில் முயற்சிகள் , பழங்குடி மூலதனம் , அயலா குழு , கிக்‌ஸ்டார்ட் முயற்சிகள் , நல்ல நீர் மூலதனம் ,