# KPay

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/kpay

- Industry: Financial Services
- Headquarters: Hong Kong, Hong Kong SAR - China
- Website: www.kpay-group.com
- Total disclosed funding: $55M
- Latest round: Series A (Dec 2, 2024)
- Investors on record: 1

## About

Established in 2020 and based in Hongkong, China, KPay is committed to using cutting-edge technology to help small-medium enterprises to create a unique payment system that simplifies the cumbersome collection and settlement process. Currently, users cover a wide range of industries including retail, food and beverage, etc. In December 2024, the firm raised USD 50 million in series A funding.

The company's main business includes KPay one-stop smart POS collection service, KConnect one-stop merchant operation management center and KFund SME financing solution, which can simplify the cumbersome collection and settlement process as well as loan application approval for corporate customers.

The company’s revenue is generated by providing a one-stop online payment and business management solution.

The company will use the series A funding to further product development, enhance its go-to-market speed, expand into new Asian markets, and for strategic mergers and acquisitions.

## Funding rounds

- Series A, Dec 2, 2024, $55M — Apis Partners

## Investors

- Apis Partners (https://capitalatlas.ai/funds/apis-partners) — Series A