QisstPay
Latest round
- Seed
Last raised
- Sep 2021
Total raised
- Undisclosed
Investors
- 4
About QisstPay
QisstPay, Inc.Founded in 2020 and headquartered in Islamabad, Pakistan, QisstPay, Inc. offers modern payment solutions aimed at improving online shopping experiences.QisstPay specializes in providing innovative payment solutions designed to facilitate seamless e-commerce transactions. Their core offering includes a Buy Now, Pay Later (BNPL) service, enabling consumers to make purchases and pay for them in installments over a designated period. This service caters to various sectors, including retail and e-commerce, allowing end users to attain products without immediate full payment. QisstPay primarily targets customers in regions with high online shopping activity, focusing on markets across Southeast Asia and the Middle East.QisstPay operates on a revenue model that capitalizes on transaction fees collected from merchants participating in their BNPL service. When a consumer opts to purchase through QisstPay, the retailer receives the full amount upfront while the consumer repays QisstPay in installments. This structure fosters a steady cash flow for the company as it engages in partnerships with various retailers, enhancing their sales through increased customer spending capabilities. Revenue generation is further bolstered by service fees charged to merchants, based on the transaction value. The funds will also enable the Islamabad-based team to grow to over 100 employees. QisstPay aims to enhance its product offerings and expand its market reach, aligning with the growing demand for BNPL solutions in new regions.
Who invested in QisstPay
4 investors across 1 round
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Funding rounds
Seed
Sep 29, 2021
Amount
Undisclosed
Investors
Questions about QisstPay
Who invested in QisstPay?
QisstPay has 4 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has QisstPay raised?
QisstPay has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did QisstPay last raise money?
QisstPay's most recent round on record is a Seed, in Sep 2021.
What does QisstPay do?
QisstPay is a financial services company.
Where is QisstPay headquartered?
QisstPay is headquartered in Islamabad, Pakistan.
Which VCs invest in companies like QisstPay?
Among active investors with capital left to deploy, 360 ONE, Gopher Asset Management, DSC Investment and Stellaris Venture Partners back financial services companies at QisstPay's stage. Their profiles are linked below.
VCs backing financial services startups at Seed
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