# Weipass

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

- Industry: Financial Services
- Headquarters: Singapore, Singapore
- Website: www.wiseasy.com
- Total disclosed funding: $20M
- Latest round: Series C (Mar 15, 2024)
- Investors on record: 3

## About

Based in Singapore, Weipass offers innovative technology solutions focused on advanced payment systems, enhancing transaction efficiency for various businesses.Weipass, founded in 2012 in Singapore, specializes in payment solutions and has successfully completed 4 funding deals. The company is led by CEO Jisen Wang. The latest funding round, a Series B, raised CNY 100.000 mn from notable investors including IDG Capital and Shining Capital. Weipass has a global presence, with operations that extend to numerous regions, supporting partners worldwide.Weipass provides comprehensive payment solutions, focusing on SmartPOS and ePOS systems. Their offerings include the P Series EMV Android POS, N Series Non-EMV Android POS, and p Series On-Device AI POS, designed to facilitate seamless transactions across various payment methods. The company operates a robust omni-channel payment gateway, ensuring compatibility with diverse consumer preferences, and serves clients in over 110 countries through 350 partner networks.For the year 2023, Weipass reported a revenue of CNY 5,680,009 with an EBITDA of CNY -1,885,122. Their revenue model encompasses sales and services of payment solutions, including hardware and software, tailored to the needs of retailers and restaurants.In March 2024, Weipass secured a Series C funding round led by Qualcomm Ventures to further enhance its technology innovation and support global market development programs. The company aims to introduce new products and expand into additional markets, using the recently acquired funding to implement its future pay-tech strategy.

## Funding rounds

- Series C, Mar 15, 2024 — Qualcomm Ventures
- Series B, May 22, 2015, $16M — IDG Capital, Shining Capital
- Series A, Nov 1, 2012, $4M — IDG Capital

## Investors

- IDG Capital (https://capitalatlas.ai/funds/idg-capital) — Series A, Series B
- Shining Capital (https://capitalatlas.ai/funds/shining-capital) — Series B
- Qualcomm Ventures (https://capitalatlas.ai/funds/qualcomm-ventures) — Series C