Singapore: Fintech startup iPaymy raises $1m from BEENEXT, DG Incubation

Singapore: Fintech startup iPaymy raises $1m from BEENEXT, DG Incubation

Photo: iPaymy's Facebook page

Singapore-based iPaymy, which offers SMEs an online platform to pay for salaries, invoices and corporate taxes using their credit cards, has closed a $1-million investment led by BEENEXT and Digital Garage Incubation (DG Incubation).

Prior to this round, the firm had secured $500,000 from angel investors for iPaymy’s first product, a payments platform dedicated to helping consumers pay for their monthly expenses using credit instead of cash.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter