Unlock full details of this profile with our free Lite plan!
Sign Up and Get Free AccessKPay - About the company
KPay is a series A company based in Kwun Tong (China), founded in 2021 by Richard Wong, Daniel Cheung, Davis Chan and Martin Xie. It operates as a Payment processing and financial management solutions for businesses. KPay has raised $65M in funding from Apis Partners. The company has 41 active competitors, including 12 funded and 8 that have exited. Its top competitors include companies like Ezetap, YeahKa and SUNMI.
Company Details
Payment processing and financial management solutions for businesses. It offers a suite of payment acceptance tools, including point-of-sale systems, QR code payments, and online gateways. The company also provides a business account with features for expense management, bill payment, and international remittances. Operational tools and data analytics are included to support business decision-making. These services aim to streamline financial operations and enhance efficiency for merchants of all sizes.
- Website
- www.kpay-group.com/en
- Social
- Email ID
- *****@kpay-group.com
- Phone Number
- +852 **********
Key Metrics
Founded Year
2021
Location
Kwun Tong, China
Stage
Series A
Total Funding
$65M in 2 rounds
Latest Funding Round
Investors
Ranked
5th among 41 active competitors
KPay's funding and investors
KPay has raised a total funding of $65M over 2 rounds. Its first funding round was on Sep 26, 2022. Its latest funding round was a Series A round on Dec 03, 2024 for $55M. 1 investor participated in its latest round, lead by Apis Partners.
KPay has 1 institutional investor - Apis Partners.
Here is the list of recent funding rounds of KPay:
Date of funding | Funding Amount | Round Name | Post money valuation | Revenue multiple | Investors |
|---|---|---|---|---|---|
Dec 03, 2024 | $55M | Series A | 7499746 | 4609404 | |
Sep 26, 2022 | $10M | Series A | 1013689 | 1224304 | - |
Access funding benchmarks and valuations. Sign up today!View details of KPay's funding rounds and investors
KPay's founders and board of directors
Founder? Claim ProfileThe founders of KPay are Richard Wong, Daniel Cheung, Davis Chan and Martin Xie. Davis Chan is the CEO of KPay.
Here are the details of KPay's key team members:
- Richard Wong: Co-Founder & Global Head of Partnerships of KPay.
- Daniel Cheung: Co-Founder & Chief People & Culture Officer & Chief Strategy Officer of KPay.
- Davis Chan: Co-Founder & CEO of KPay.
- Martin Xie: Co-Founder & CTO & COO of KPay.
View details of KPay's Founder profiles and Board Members
Access Tracxn on any website
Install Tracxn ExtensionOur Google Chrome extension lets you view company details while browsing their websites
KPay's Competitors and alternates
Top competitors of KPay include Ezetap, YeahKa and SUNMI. Here is the list of Top 10 competitors of KPay, ranked by Tracxn score:
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!
Overall Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Cloud-based mPOS software and hardware solutions for businesses | $66.4M | 68/100 | ||
2nd | Software and hardware-based terminals for merchants | $14.6M | 56/100 | ||
3rd | POS payment terminal for businesses | $61.4M | 56/100 | ||
4th | POS payment acceptance solution for businesses | $350M | 52/100 | ||
5th | Payment processing and financial management solutions for businesses | $65M | 43/100 | ||
6th | Mobile based card reader for Russian market | $9.6M | 43/100 | ||
7th | POS terminal provider | $96.6M | 38/100 | ||
8th | mPOS solution in China. | $69.6M | 36/100 | ||
9th | End-to-end mPoS solutions | $8M | - | 35/100 | |
10th | Newland NPT 1994, Fuzhou (China), Unfunded | POS payment processing solution for businesses | - | - | 35/100 |
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!Looking for more details on KPay's competitors? Click here to see the top ones
KPay's Investments and acquisitions
KPay has made no investments or acquisitions yet.
Reports related to KPay
Here is the latest report on KPay's sector:
News related to KPay
Media has covered KPay for a total of 3 events in the last 1 year, 1 of them has been about company updates.
•
Cautious VCs turn to Series A startupsSingapore Business Review•Feb 26, 2025•KPay, Carta, Ampd Energy
•
KPay Secures Record USD55 Million, Marking 2024’s Largest Series A Fundraise Globally in the Payments SectorApis Partners•Dec 03, 2024•KPay, Apis Partners
•
Asian Banking & Finance - KPay raises $55m in series A funding roundKPay•Dec 03, 2024•KPay, Apis Partners, KPay Innovation
•
•
Fintech startup KPay aims to triple Singapore merchant base, double local workforceShareandstocks•Apr 18, 2024•KPay
•
Innovative fintech company service provider KPay completes US$10 million financingACN Newswire•Sep 26, 2022•KPay
Get curated news about company updates, funding rounds, M&A deals and others. Sign up today!Are you a Founder ?
FAQ's about KPay
Explore our recently published companies
- InnerScope Hearing Technologies - Roseville based, 2012 founded, Late Stage company
- Wittify.ai - Riyadh based, 2024 founded, Unfunded company
- Radiant Digitek - Kota based, 2014 founded, Unfunded company
- GoldPE - Chennai based, 2023 founded, Unfunded company
- Mumbai House Hotels - Mumbai based, 2017 founded, Unfunded company
- Green Energy Group - Flensburg based, 2023 founded, Unfunded company