LATIPAY

LatiPay, founded in 2015, is a first-to-market, fully compliant FinTech startup based in New Zealand. The company focuses on providing an online payment solution for enterprise-level clients, specifically targeting the education, export, insurance, software, and travel industries. LatiPay's platform allows Chinese payers to make payments in CNY (Chinese Yuan) through various online banking methods and popular digital wallets such as WeChat, Alipay, JD Pay, and Baidu while enabling businesses in New Zealand and Australia to receive full payment in their home currency in real time, free of charge. LatiPay is a 100% Chinese Government approved S.A.F.E (State Administration Of Foreign Exchange) platform and has partnered with PWC and Duncan Cotterill to ensure compliance with KYC (Know Your Customer), CFT (Combating the Financing of Terrorism), and AML (Anti-Money Laundering) regulations. The company's latest funding round was a $3.00M Series A investment on 31 January 2017, led by Jubilee Capital Management, Tuhua Fund, and ZINO Society. LatiPay's innovative functionality includes an invoicing platform that integrates invoicing, goods tracking, and funds flow management, as well as an online payment API that seamlessly integrates with existing e-commerce platforms. Additionally, LatiPay has a Point Of Sale (POS) distribution contract with WeChat Pay's in-store payment facility, further enhancing its payment capabilities.