Pace Raises $18M And Launches New App

Dec 15, 2021•about 4 years ago

Amount Raised

$18 Million

Description

Pace, the modern support network that helps people connect with custom-matched strangers in groups moderated by world-class facilitators, announced today that it has closed a Series A funding round of $13 million, led by Pace Capital with participation by Sequoia and BoxGroup, following a previously-unannounced $5 million Seed round led by Sequoia Capital.

Company Information

Company

Pace

About

Pace is the fastest-growing multi-territory fintech solutions company from Singapore with a mission to democratize financial services across Asia. It aims to build a banking engine that can operate across countries easily to help merchants create sales efficiencies and provide consumers with an option to spend sustainably. Its "Buy Now Pay Later'' (BNPL) solution for offline and online merchants matches customers with appropriate spend limits and allows them to split their purchases over three interest-free payments. Pace currently operates in Singapore, Malaysia, Hong Kong, and Thailand. For more information about Pace and how it sets out to achieve its vision to become Asia's future digital banking engine, visit https://pacenow.co/.

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83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

Pace Raises $18M And Launches New App

Description

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Company Information