HitPay Payment Solutions Analysis: $16M Raised
What is HitPay Payment Solutions?
HitPay Payment Solutions offers payment processing tools for businesses in the APAC region, integrating online, point of sale, and B2B payments on a single platform.
Employees
33
Founded
2016
Revenue
$3.64M
Business Model
Revenue from transaction fees and subscription plans for additional features.
Investors
- Tiger Global Management
Product Features & Capabilities
- Payment processing tools, online payments, point of sale solutions, B2B payments, customizable checkout pages, invoicing, recurring billing, payment links, integration with eCommerce platforms, smart billing tools, inventory management, real-time sales tracking.
Pricing
- Gold Plan: 29.99 SGD per month
- Silver Plan: 9.99 SGD per week
- Bronze Plan: 23.99 SGD for 2 weeks
How much HitPay Payment Solutions raised
Series A - US$15.75 million
May 31, 2022Lead Investor: Tiger Global, Global Founders Capital, HOF Capital
Who are the founders of HitPay Payment Solutions
AH
Aditya Haripurkar
Founder
NM
Nitin Muthyala
Founder
Competitors Overview
HitPay Payment Solutions operates in a competitive landscape with several notable competitors in the payment solutions market, particularly in the APAC region. Key competitors include:
- PayPal: A widely recognized payment platform that offers online payment solutions, point of sale services,
Market Focus
HitPay Payment Solutions primarily focuses on the payment solutions industry, specifically providing tools for online, point of sale, and B2B payments for growing businesses in the APAC region.
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