KPay, a financial management platform for SMEs, raised $55 million in a Series A round led by Apis Partners to enhance its product development, expand market reach, and incorporate AI for efficiency and revenue growth. Originating from a need to simplify fragmented financial processes for merchants, KPay now serves 45,000 businesses across Hong Kong, Singapore, and Japan, with plans to expand its partnerships and impact in Asia. With a revenue CAGR of 166%, KPay aims to empower one million merchants in five years, fostering a more inclusive digital economy.
KPay, a Financial Management Platform for SMEs, Raises $55M Series A
