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.
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.''
https://finance.yahoo.com/news/pace-raises-usd40-million-series-021500632.html