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KPay, a small business financial platform, secures $55M to expand into key Asian markets.
KPay, a financial management platform for small businesses, has raised $55 million in its first major funding round, the largest Series A in the global payments sector this year.
Led by Apis Partners, the investment will support KPay's expansion into key Asian markets like Indonesia, the Philippines, Malaysia, and Thailand.
KPay, which serves over 45,000 merchants across Hong Kong, Singapore, and Japan, aims to reach one million merchants in five years and has seen a 166% revenue growth rate since its founding.
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KPay, una plataforma financiera para pequeñas empresas, asegura $55 millones para expandirse a mercados asiáticos clave.