Paywatch Korea Co.

Financial ServicesSeries ASeoul, South Koreapaywatch.co.kr

Latest round

Series A

Last raised

Jun 2024

Total raised

$20M

Investors

7

About Paywatch Korea Co.

The company was founded in 2018, by brothers Richard Kim and Alex Kim, two former employee in financial institutions. In 2019, the company was selected by an incubator program Spark Labs. In 2021, the company launched Korea service via Hana Bank's Hana Card collaboration. In the same year, the company reached partnership with Hong Kong Ping An Digital Bank (PAOB). In June 2024, Paywatch Korea Co. Ltd. The company operates as the only EWA service provider in Asia as of 2022, providing financial service to individuals with less connection to the financial network. Specifically, PayWatch provides employee who has limited access to financial services a link to major financial institutions, financial management consultancy, and visual banking. For employers, the product can enable instant pay to employees which can become an insentive. The company will use the fundign in June 2024 to improve its services and expand its business in Southeast Asia.

Who invested in Paywatch Korea Co.

7 investors across 2 rounds

See all investors in Paywatch Korea Co.

Sign up free to see every VC on the cap table, the rounds they joined, and how much each round raised.

Funding rounds

  1. Series A

    Jun 24, 2024

    Amount

    $14M

    Investors

    Locked

  2. Seed

    Jan 20, 2022

    Amount

    $5.2M

    Investors

    Locked

Questions about Paywatch Korea Co.

Who invested in Paywatch Korea Co.?

Paywatch Korea Co. has 7 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Paywatch Korea Co. raised?

Paywatch Korea Co. has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did Paywatch Korea Co. last raise money?

Paywatch Korea Co.'s most recent round on record is a Series A, in Jun 2024.

What does Paywatch Korea Co. do?

The company was founded in 2018, by brothers Richard Kim and Alex Kim, two former employee in financial institutions.

Where is Paywatch Korea Co. headquartered?

Paywatch Korea Co. is headquartered in Seoul, South Korea.

Which VCs invest in companies like Paywatch Korea Co.?

Among active investors with capital left to deploy, ICBC Capital Management, China Life Capital, GoHigh Capital and ABQH Shenzhen Investment Fund Management back financial services companies at Paywatch Korea Co.'s stage. Their profiles are linked below.

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