What is Latipay?
Latipay specializes in providing a comprehensive suite of global payment solutions, encompassing international transfers, virtual accounts, and card payment options. The company is dedicated to facilitating seamless money movement worldwide, catering to businesses that aim to accept localized payment methods preferred by their clients. Latipay ensures compliance with local regulations and maintains high security standards, leveraging technology-driven solutions accessible on various devices. With a user base of over 1,000 businesses globally, Latipay focuses on enhancing the payment experience for both merchants and consumers.
How much funding has Latipay raised?
Latipay has raised a total of $3M across 1 funding round:
Series A
$3M
Series A (2017): $3M with participation from ZINO Society, Tuhua Fund, and Jubilee Capital Management
Key Investors in Latipay
ZINO Society
ZINO Society is an investor participating in the funding round, contributing to Latipay's strategic growth initiatives.
Tuhua Fund
Tuhua Fund, an early-stage venture capital firm in New Zealand, supports global companies and provides capital from seed to IPO stages, leveraging a network of over 2,000 investors.
Jubilee Capital Management
Jubilee Capital Management is a venture capital firm founded in 2015 by experienced entrepreneurs, focusing on cross-border investments in the Internet, IT, telecom, and media sectors across Asia, the USA, and China.
What's next for Latipay?
The recent major strategic investment signifies a pivotal moment for Latipay, positioning the company for accelerated growth and market expansion. This capital infusion is expected to bolster Latipay's technological infrastructure, broaden its service portfolio, and strengthen its global presence. The company is poised to further solidify its standing as a key player in facilitating international commerce by enabling businesses to navigate complex payment ecosystems with greater efficiency and security. Latipay's strategic focus on innovation and customer-centric solutions, backed by this significant financing, indicates a strong outlook for future development and market penetration.
See full Latipay company page