Singapore based buy-now pay later startup raised $40m in Series A funding from investors including UOB Venture Management, Marubeni Ventures, Atinum Partners, AppWorks, and several family offices from Japan and Indonesia.
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Pace raises $40m in Series A funding
Turochas 'T' Fuad, Founder and CEO of Pace, said: "This investment from some of the most successful and established investors signals confidence that Pace is a leading BNPL player in Asia. The region is expected to become the world's fastest-growing BNPL market, and this funding supports Pace in achieving its mission of democratizing financial services for all, by helping us pave our expansion into Japan, Korea, and China Taiwan.''
