HitPay has almost everything SMEs need to run their businesses.
In addition to being an online payment gateway, it also offers tools like point-of-sale software with card readers, plugins, payment links and no-code online stores.
The Y Combinator alum announced today that it has raised $15.75 million in Series A funding led by Tiger Global, with participation from returning investors Global Founders Capital and HOF Capital. It is currently used by over 10,000 merchants in Singapore and Malaysia, with plans to expand into more Southeast Asian markets, including Thailand, Indonesia and the Philippines.
Co-founder and CEO Aditya Haripurkar told TechCrunch HitPay started in 2016 as an e-wallet but then pivoted toward being an SME-facing platform in 2018 as a virt …
