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NextPay Analysis: $1.6M Raised

What is NextPay?

NextPay is a financial technology company that simplifies payment processes for businesses in the Philippines. Their platform allows users to send money to suppliers and employees without needing a corporate bank account. This approach streamlines financial transactions, enabling businesses to manage their payouts efficiently and securely.

HQ Country
Makati, Philippines
Employees
51-200
Founded
2019
Industry
FinTech, Payments

Product Features & Capabilities

  • Supplier payments to any bank or e-wallet
  • Bulk payouts for multiple transactions
  • Employee salary disbursements to major banks
  • Automated invoice generation and reconciliation
  • Developer APIs for custom integrations.

How much NextPay raised

Seed - $1.6 million

Approximately 43 months ago
Lead Investor: Golden Gate Ventures, Gentree Fund, and others

Financial Overview

$1.6MTotal Raised
Seed$1.6 million
Approximately 43 months ago
Investors: Golden Gate Ventures, Gentree Fund, and others
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