Announcing Our Seed Funding
September 28, 2021
Today, we’re excited to announce a US$2.7m seed financing round investment led by Global Founders Capital, with participation from HOF Capital, Y Combinator, and angels from Coinbase, Facebook, and American Express.
We are humbled by the opportunity to make further progress on our mission to democratize access to commerce for SMBs in South East Asia. In the coming months, we’ll be focusing our attention on product, expansion, and growth in key markets in South East Asia.
“We are excited to back the HitPay team in their journey of bringing simple payment tools to millions of small businesses. There remains enormous value to be unlocked by enabling more SMBs to participate in digital commerce in the region.”
— Tito Costa, partner at Global Founders Capital
We are Hiring: https://hitpay.notion.site/Work-At-HitPay-fd59f17c71c34ba8a497df4d8e240cc6
Announcing Our Seed Funding
September 28, 2021
Today, we’re excited to announce a US$2.7m seed financing round investment led by Global Founders Capital, with participation from HOF Capital, Y Combinator, and angels from Coinbase, Facebook, and American Express.
We are humbled by the opportunity to make further progress on our mission to democratize access to commerce for SMBs in South East Asia. In the coming months, we’ll be focusing our attention on product, expansion, and growth in key markets in South East Asia.
“We are excited to back the HitPay team in their journey of bringing simple payment tools to millions of small businesses. There remains enormous value to be unlocked by enabling more SMBs to participate in digital commerce in the region.”
— Tito Costa, partner at Global Founders Capital
We are Hiring: https://hitpay.notion.site/Work-At-HitPay-fd59f17c71c34ba8a497df4d8e240cc6
Announcing Our Seed Funding
September 28, 2021
Today, we’re excited to announce a US$2.7m seed financing round investment led by Global Founders Capital, with participation from HOF Capital, Y Combinator, and angels from Coinbase, Facebook, and American Express.
We are humbled by the opportunity to make further progress on our mission to democratize access to commerce for SMBs in South East Asia. In the coming months, we’ll be focusing our attention on product, expansion, and growth in key markets in South East Asia.
“We are excited to back the HitPay team in their journey of bringing simple payment tools to millions of small businesses. There remains enormous value to be unlocked by enabling more SMBs to participate in digital commerce in the region.”
— Tito Costa, partner at Global Founders Capital
We are Hiring: https://hitpay.notion.site/Work-At-HitPay-fd59f17c71c34ba8a497df4d8e240cc6
Let's get you set up
Create an account instantly or contact us to create a custom package for your business.
Singapore
Philippines
Malaysia
Indonesia
Thailand
Australia & New Zealand
United Kingdom
Hong Kong
Sweden
United States
All other countries
HitPay Payment Solutions Pte Ltd ("HitPay") is licensed as a Major Payment Institution (PS20200643) under Singapore's Payment Services Act for the provision of Domestic Money Transfer Services, Cross-Border Money Transfer Services and Merchant Acquisition Services. This can be confirmed on the MAS Financial Institutions Directory here. HitPay may also provide these services in conjunction with other MAS licensed or exempt partners.
HitPay enables Singapore merchants to accept stablecoin payments through our partner, Triple A Technologies Pte. Ltd. ("Triple A"), which is licensed by the Monetary Authority of Singapore to provide Digital Payment Token ("DPT") services under the Payment Services Act 2019. Please note that HitPay is not licensed, nor exempt, to provide DPT services. HitPay does not handle, convert, or hold any stablecoins or other cryptocurrencies and all processing and conversion between stablecoins and fiat are carried out entirely by Triple A.
When a customer pays in stablecoins, Triple A processes the transaction and converts the stablecoin to fiat currency. HitPay only receives the final fiat settlement amount from Triple A for payout to your bank account. While stablecoins are designed to maintain a stable value, they remain a form of Digital Payment Token and may still carry risks. Merchants should ensure they understand these risks before enabling stablecoin payment acceptance.
HitPay Payment Solutions Pte Ltd
88 Market Street Level #40-01, CapitaSpring, Singapore 048948.
Let's get you set up
Create an account instantly or contact us to create a custom package for your business.
Singapore
Philippines
Malaysia
Indonesia
Thailand
Australia & New Zealand
United Kingdom
Hong Kong
Sweden
United States
All other countries
HitPay Payment Solutions Pte Ltd ("HitPay") is licensed as a Major Payment Institution (PS20200643) under Singapore's Payment Services Act for the provision of Domestic Money Transfer Services, Cross-Border Money Transfer Services and Merchant Acquisition Services. This can be confirmed on the MAS Financial Institutions Directory here. HitPay may also provide these services in conjunction with other MAS licensed or exempt partners.
HitPay enables Singapore merchants to accept stablecoin payments through our partner, Triple A Technologies Pte. Ltd. ("Triple A"), which is licensed by the Monetary Authority of Singapore to provide Digital Payment Token ("DPT") services under the Payment Services Act 2019. Please note that HitPay is not licensed, nor exempt, to provide DPT services. HitPay does not handle, convert, or hold any stablecoins or other cryptocurrencies and all processing and conversion between stablecoins and fiat are carried out entirely by Triple A.
When a customer pays in stablecoins, Triple A processes the transaction and converts the stablecoin to fiat currency. HitPay only receives the final fiat settlement amount from Triple A for payout to your bank account. While stablecoins are designed to maintain a stable value, they remain a form of Digital Payment Token and may still carry risks. Merchants should ensure they understand these risks before enabling stablecoin payment acceptance.
HitPay Payment Solutions Pte Ltd
88 Market Street Level #40-01, CapitaSpring, Singapore 048948.
Let's get you set up
Create an account instantly or contact us to create a custom package for your business.
Singapore
Philippines
Malaysia
Indonesia
Thailand
Australia & New Zealand
United Kingdom
Hong Kong
Sweden
United States
All other countries
HitPay Payment Solutions Pte Ltd ("HitPay") is licensed as a Major Payment Institution (PS20200643) under Singapore's Payment Services Act for the provision of Domestic Money Transfer Services, Cross-Border Money Transfer Services and Merchant Acquisition Services. This can be confirmed on the MAS Financial Institutions Directory here. HitPay may also provide these services in conjunction with other MAS licensed or exempt partners.
HitPay enables Singapore merchants to accept stablecoin payments through our partner, Triple A Technologies Pte. Ltd. ("Triple A"), which is licensed by the Monetary Authority of Singapore to provide Digital Payment Token ("DPT") services under the Payment Services Act 2019. Please note that HitPay is not licensed, nor exempt, to provide DPT services. HitPay does not handle, convert, or hold any stablecoins or other cryptocurrencies and all processing and conversion between stablecoins and fiat are carried out entirely by Triple A.
When a customer pays in stablecoins, Triple A processes the transaction and converts the stablecoin to fiat currency. HitPay only receives the final fiat settlement amount from Triple A for payout to your bank account. While stablecoins are designed to maintain a stable value, they remain a form of Digital Payment Token and may still carry risks. Merchants should ensure they understand these risks before enabling stablecoin payment acceptance.
HitPay Payment Solutions Pte Ltd
88 Market Street Level #40-01, CapitaSpring, Singapore 048948.
Let's get you set up
Create an account instantly or contact us to create a custom package for your business.
Singapore
Philippines
Malaysia
Indonesia
Thailand
Australia & New Zealand
United Kingdom
Hong Kong
Sweden
United States
All other countries
HitPay Payment Solutions Pte Ltd ("HitPay") is licensed as a Major Payment Institution (PS20200643) under Singapore's Payment Services Act for the provision of Domestic Money Transfer Services, Cross-Border Money Transfer Services and Merchant Acquisition Services. This can be confirmed on the MAS Financial Institutions Directory here. HitPay may also provide these services in conjunction with other MAS licensed or exempt partners.
HitPay enables Singapore merchants to accept stablecoin payments through our partner, Triple A Technologies Pte. Ltd. ("Triple A"), which is licensed by the Monetary Authority of Singapore to provide Digital Payment Token ("DPT") services under the Payment Services Act 2019. Please note that HitPay is not licensed, nor exempt, to provide DPT services. HitPay does not handle, convert, or hold any stablecoins or other cryptocurrencies and all processing and conversion between stablecoins and fiat are carried out entirely by Triple A.
When a customer pays in stablecoins, Triple A processes the transaction and converts the stablecoin to fiat currency. HitPay only receives the final fiat settlement amount from Triple A for payout to your bank account. While stablecoins are designed to maintain a stable value, they remain a form of Digital Payment Token and may still carry risks. Merchants should ensure they understand these risks before enabling stablecoin payment acceptance.
HitPay Payment Solutions Pte Ltd
88 Market Street Level #40-01, CapitaSpring, Singapore 048948.