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PayRex raises US$2 Million in Series A funding from Kollab to support its expansion in the Philippines.
PRIVATEJan 26, 2026•5 months ago
Amount Raised
$2 Million
Round Type
series a
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.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
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