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Local 'buy now, pay later' company Pace raises US$40 mil Series A round

Jovi Ho
Jovi Ho • 2 min read
Local 'buy now, pay later' company Pace raises US$40 mil Series A round
Investors include UOB Venture Management, Vertex Ventures Southeast Asia and Genesis Alternative Ventures.
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Singapore-based “buy now, pay later” (BNPL) FinTech company Pace has raised US$40 million ($54.45 million) in a Series A funding round from a group of Asian investors.

The investors include Japan's Marubeni Ventures, South Korea's Atinum Partners, Taiwan's AppWorks, Indonesia's Alpha JWC, and Singapore's UOB Venture Management, Vertex Ventures Southeast Asia and Genesis Alternative Ventures.

Pace currently operates in Singapore, Malaysia, Hong Kong and Thailand. It plans to expand into Japan, Korea and Taiwan.

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