About Alchemy Pay
Alchemy Pay is a company based in Singapore (Singapore) founded in 2018 by Shawn Shi.. Alchemy Pay has raised $10 million across 1 funding round from investors including DWF Labs. Alchemy Pay operates in a competitive market with competitors including BVNK, billon, TripleA, deBridge and Nilos, among others.
- Headquarter Singapore, Singapore
- Founders Shawn Shi
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Sectors
Financial Services
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Email
***********
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Phone
*********
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$10 M (USD)
in 1 rounds
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Latest Funding Round
$10 M (USD), Series A
Apr 03, 2023
- Investors
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Employee Count
Employee Count
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Funding Insights of Alchemy Pay
Alchemy Pay has successfully raised a total of $10M through 1 strategic funding round. The most recent funding activity was a Series A round of $10 million completed in April 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Series A — $10.0M
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First Round
First Round
(03 Apr 2023)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2023 | Amount | Series A - Alchemy Pay | Valuation | DWF Labs |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Alchemy Pay
Alchemy Pay has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include DWF Labs. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital firm investing in web3 technology startups
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Alchemy Pay
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Alchemy Pay
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Alchemy Pay Comparisons
Competitors of Alchemy Pay
Alchemy Pay operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as BVNK, billon, TripleA, deBridge and Nilos, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple crypto services are provided via an online platform.
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| domain | founded_year | HQ Location |
Blockchain-based payments infrastructure is provided for businesses and governments.
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| domain | founded_year | HQ Location |
Cryptocurrency payments are enabled for online merchants and retail transactions.
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| domain | founded_year | HQ Location |
Cross-chain protocol for blockchain transfers and swaps is provided.
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| domain | founded_year | HQ Location |
Web-enabled automated payment solution for businesses
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Alchemy Pay
Frequently Asked Questions about Alchemy Pay
When was Alchemy Pay founded?
Alchemy Pay was founded in 2018 and raised its 1st funding round 5 years after it was founded.
Where is Alchemy Pay located?
Alchemy Pay is headquartered in Singapore, Singapore.
Is Alchemy Pay a funded company?
Alchemy Pay is a funded company, having raised a total of $10M across 1 funding round to date. The company's 1st funding round was a Series A of $10M, raised on Apr 03, 2023.
What does Alchemy Pay do?
Founded in 2018 in Singapore, Alchemy Pay operates as an online platform focused on crypto payment solutions. A direct-to-consumer fiat-crypto exchange is offered, alongside services for merchant enterprises, e-commerce platforms, blockchain networks, acquirers, OTC desks, crypto exchanges, and global remittance firms. Payment options for NFT checkouts are also provided, supporting transactions across various digital ecosystems.
Who are the top competitors of Alchemy Pay?
Who are Alchemy Pay's investors?
Alchemy Pay has 1 investor. Key investors include DWF Labs.
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