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PayRex raises US$2 Million in Series A funding from Kollab to support its expansion in the Philippines.

PRIVATEJan 26, 20265 months ago

Amount Raised

$2 Million

Round Type

series a

PasayFinanceFintech

Investors

Kollab

Description

PayRex has secured US$2 million in a Series A funding round led by Kollab. This investment will facilitate the fintech startup's growth and product development. Founded by former PayMongo team members, PayRex aims to enhance its payment solutions. The funding will help expand its merchant base and increase transaction volumes across the Philippines.

Company Information

Company

PayRex

Location

Pasay, Manila, Philippines

About

PayRex simplifies payments for businesses of all sizes by leveraging the latest technology. Our platform helps businesses grow, enhance customer experiences, and achieve financial success. With a strong commitment to integrity and collaboration, we’re driving economic progress in the Philippines. By transforming payments, streamlining operations, and accelerating business growth, PayRex is empowering businesses in the digital era.

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