About KPay
KPay is a company based in Kwun Tong (China) founded in 2021 by Martin Xie, Daniel Cheung, Richard Wong, and Davis Chan. KPay has raised $65 million across 2 funding rounds from investors including Apis Partners. KPay offers products and services including Smart POS Terminal, Fast Payment Account, Payment Gateway, and QR Code Payment. KPay operates in a competitive market with competitors including Ezetap, YeahKa, SUNMI, Lakala and 2can, among others.
- Headquarter Kwun Tong, China
- Founders Martin Xie, Daniel Cheung, Richard Wong, Davis Chan
- SectorsFinancial Services
- Website category Finance · Financial Planning and Management
- Email••••••••
- Phone•••• ••••
- Website kpay-group.com/en
- Social LinkedIn Facebook YouTube
- Legal Name Kpay Merchant Service Limited
- Total Equity Funding$65M (USD)
in 2 rounds
- Latest Funding Round$55M (USD), Series A
Dec 2024
- Investors
Products & Services of KPay
KPay offers a comprehensive portfolio of products and services, including Smart POS Terminal, Fast Payment Account, Payment Gateway, and QR Code Payment.
Device for seamless in-store payments and integration
Account for quick settlements and expense tracking
Gateway for expanding online business transactions
Flexible payment option for low-cost transactions
Apps and channels of KPay
its YouTube channel KPay Merchant Service has 422 subscribers and 30 videos.
Videos from KPay
The most watched videos on KPay's YouTube channel, KPay Merchant Service (422 subscribers). Click a video to play it here.
More on KPay Merchant Service.
Funding Insights of KPay
KPay has successfully raised a total of $65M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $55 million completed in December 2024. 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 $65M
- Total Rounds 2
- Last Round Series A — $55M
- First Round $10M
(Sep 2022)
- Investors Count 1
All 2 funding rounds of KPay with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec 2024 | $55M | Series A | – | Apis Partners | – |
| Sep 2022 | $10M | Series A | – | – | – |
1 investors in total: 1 institutional.
Investors in KPay
KPay has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Apis Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity and venture capital asset management firm | – | apis.pe | London, United Kingdom |
Investor details for KPay
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
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People of KPay
17 people are tracked at KPay (8 in leadership, 9 in team).
| Name | Role | Group |
|---|---|---|
Martin Xie | Co-Founder & CTO & COO | Leadership |
Daniel Cheung | Co-Founder & Chief People & Culture Officer & Chief Strategy Officer | Leadership |
Richard Wong | Co-Founder & Global Head of Partnerships | Leadership |
Davis Chan | Co-Founder & CEO | Leadership |
Christopher Yu | President & Chief Financial Officer | Leadership |
Tracy Lau | Executive Assistant to CEO | Leadership |
Christopher Y. | President & Chief Financial Officer | Leadership |
Thomas Wong | Strategy Director Of Business Development | Leadership |
Ben L. | Strategic Partnerships | Team |
Ka Yan, Zoe Leung | Senior Accounting Officer | Team |
Joyce Chu | Business Development Executive | Team |
Bryan Zhou | Senior Market Expansion Manager (team Lead) | Team |
Darren Chan | Strategic Account Manager | Team |
Leah Wong | Assistant Partnership Manager | Team |
Kevan Yeong | Talent Acquisition Lead | Team |
Daniel Li | Merchant Growth Manager | Team |
Calvin Li | Talent Acquisition Manager | Team |
Complete people profiles for KPay
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of KPay
3 dated milestones of KPay across 3 years, from founding to its latest funding, stage changes and deals.
- Founded KPay is founded.
- Funding First funding round of $10.0M.
- Funding Latest funding round, Series A, of $55.0M.
Competitors of KPay
KPay 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 Ezetap, YeahKa, SUNMI, Lakala and 2can, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ezetap.com | 2011 | Bengaluru, India | $66.4M | 532 | Cloud-based mPOS software and hardware solutions are provided for businesses. | |
| yeahka.com | 2011 | Shenzhen, China | $14.6M | – | Software and hardware-based terminals for merchants | |
| sunmi.com | 2013 | Shanghai, China | $45.29M | – | POS payment terminals are supplied for business operations by SUNMI. | |
| lakala.com | 2005 | Beijing, China | $349.95M | – | POS payment acceptance solution for businesses | |
| 2can.ru | 2012 | Moscow, Russia | $9.6M | – | Card payments are enabled on smartphones for Russian merchants. | |
| 99bill.com | 2004 | Shanghai, China | $95.57M | – | POS terminals are provided for business payment acceptance. | |
| wizarpos.com | 2012 | Hong Kong, China | – | – | POS systems and payment solutions are provided for businesses. | |
| leyaoyao.com | 2015 | Guangzhou, China | $50.59M | – | Provider of IoT based smart payment solution |
Detailed competitors of KPay
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of KPay
The website of KPay (kpay-group.com) receives about 58.4K visits a month and ranks #394,380 among all websites worldwide, #4,985 in Financial Planning and Management.
- Monthly visits58.4K
▼ 25.8% vs previous month
- Unique visitors30.8K
per month
- Global rank#394,380
among all websites
- Category rank#4,985
Finance · Financial Planning and Management
- Bounce rate28%
- Pages per visit3.4
- Average visit2 min 54 sec
- DevicesDesktop 29% · Mobile 71%
Websites whose visitors overlap most with KPay. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
paydollar.com | paydollar.com | 100% | – | #58,598 | – |
| hkbnes.com | 97% | 15.8K | #1,727,630 | View details | |
| cybersource.com | 95% | 9M | #6,152 | View details | |
| alipayhk.com | 93% | – | #346,936 | View details | |
caterlord.com | caterlord.com | 91% | – | #1,586,768 | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for KPay
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 40 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Latest news on Kpay
Complete news archive for KPay
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to KPay
10 companies that operate in the same segment as KPay (Payments & Remittance Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Digital payments, financial services, and e-commerce platforms are provided. | 2000 | Noida, Uttar Pradesh, India | USD 4.14 B | – | – | |
Payment, financial, investment, and lending services are provided digitally. | 2012 | Bengaluru, Karnataka, India | USD 1.71 B | – | – | |
Payment processing and card issuance solutions are provided for businesses. | 2009 | San Francisco, California, United States | USD 9.81 B | – | – | |
Cloud-based accounts payable and receivable software for businesses | 2006 | Palo Alto, California, United States | USD 325.6 M | USD 1.65 B | 2,360 | |
Payment and business banking solutions are provided for enterprises. | 2014 | Bengaluru, Karnataka, India | USD 742 M | USD 302.19 M | 2,641 | |
Spend management and accounts payable solutions are delivered to businesses. | 2019 | New York, New York, United States | USD 3.21 B | – | – | |
Payment acceptance and processing solutions provider for businesses | 2018 | Gurugram, Haryana, India | USD 604.02 M | USD 179.52 M | 709 | |
Business spends, payments, and rewards are streamlined by automated workflows. | 2011 | Hyderabad, Telangana, India | USD 13.75 M | USD 149.43 M | 431 | |
Online payment processing and credit solutions are provided for businesses. | 2002 | Amsterdam, Netherlands | USD 35.15 M | USD 5.47 B | 1,200 | |
SaaS-driven credit card and spend management solutions platform for businesses | 2017 | Draper, Utah, United States | USD 1.16 B | – | 1 |
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Frequently Asked Questions about KPay
KPay was founded in 2021 and raised its 1st funding round 1 year after it was founded.
KPay is headquartered in Kwun Tong, China. It is registered at Kwun Tong, Hong Kong, China.
Davis Chan is the current CEO of KPay. They have also founded this company.
KPay is a funded company, having raised a total of $65M across 2 funding rounds to date. The company's 1st funding round was a Series A of $10M, raised on Sep 2022.
KPay was founded in 2021 in Kwun Tong, China, within the fintech sector. Payment acceptance tools, including point-of-sale systems, QR code payments, and online gateways, are offered to businesses. Business accounts are provided for expense management, bill payments, and international remittances. Operational tools and data analytics are included to aid decision-making. These services operate across various merchant sizes to support financial operations.
KPay offers Smart POS Terminal, Fast Payment Account, Payment Gateway, and QR Code Payment.
KPay has 1 investor. Key investors include Apis Partners.
KPay operates through Kpay Merchant Service Limited.