Ipaymy is a finance and fintech startup based in Singapore, founded in 2016. The company aims to provide individuals and small businesses with a smarter way to Pay and Fetch payments. Operating in Singapore, Australia, Malaysia, and Hong Kong, Ipaymy's service allows users to pay various un-cardable and capital-intensive expenses with their existing credit cards, enabling them to free up cash, access interest-free credit, and earn card points in return.
By offering features such as scheduling recurring payments, managing invoices, setting payment reminders, and monitoring payment status all from one dashboard, Ipaymy seeks to streamline the payment process and eliminate the delays and aggravations associated with traditional SME financing options. This provides individuals and businesses with the flexibility to meet monthly payment obligations while keeping cash available to fuel growth, bridge receivable gaps, and make immediate investments.
As of now, there is no publicly available information regarding Ipaymy's last investment round or the involved investors. Despite this, the company's innovative approach to addressing payment challenges for individuals and small businesses in multiple countries positions it as an intriguing prospect for potential venture capital investment.
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