# Payhere

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

- Industry: Financial Services
- Headquarters: Seoul, South Korea
- Website: https://payhere.in/
- Total disclosed funding: $35M
- Latest round: Series B (Aug 10, 2024)
- Investors on record: 5

## About

Based in Seoul, South Korea, and founded in 2019, Payhere Inc. is a cloud-based Point of Sales (POS) system developer and operator. According to its company website, more than 1,500 stores are using its system. As of 2023, the company is led by its CEO, Joon-gi Park. In December 2025, Payhere Inc. raised approximately KRW 8 billion in venture funding from Danggeun Market.

The company operates a Point of Sales (POS) system known as Payhere. It is a cloud-based POS system, and users can use the system through a mobile application on their smartphones and smart devices. Payhere has no subscription fee, monthly fee, or commission fee. There is no additional charge or cost for using the system except for purchasing the portable payment machine for card payment that is developed by the company. Users can use Payhere to manage customer orders, payments, sales, receipts, etc. The system is mainly targeted towards individual business owners.

## Funding rounds

- Series B, Aug 10, 2024, $11M — SBVA, Goodwater Capital
- Series B, Apr 21, 2023, $15M — SBVA, Smilegate Investment, Goodwater Capital, Hashed Ventures
- Series A, Dec 28, 2021, $8.4M — SBVA, Hashed Ventures
- Seed, Nov 12, 2020 — Posco Investment

## Investors

- Posco Investment (https://capitalatlas.ai/funds/posco-investment) — Seed
- SBVA (https://capitalatlas.ai/funds/sbva) — Series A, Series B
- Hashed Ventures (https://capitalatlas.ai/funds/hashed-ventures) — Series A, Series B
- Smilegate Investment (https://capitalatlas.ai/funds/smilegate-investment) — Series B
- Goodwater Capital (https://capitalatlas.ai/funds/goodwater-capital) — Series B