About NextPay
NextPay is a Financial Services company based in Makati (Philippines) founded in 2019 by Don Pansacola and Aldrich Tan. Payment automation and accounts management solutions are provided for businesses. It operates on a FinTech and Subscription Services model. NextPay has raised $1.73 million across 2 funding rounds from investors including Razorpay, Tribe Capital and Golden Gate Ventures. Its chief executive, as recorded, is Don Pansacola. Its website nextpay.world draws about 18 thousand monthly visits. NextPay offers products and services including Send Money, Manage Money, Collect Money, and NextAPI. Its focus areas include FinTech and Payment Solutions. Its legal entity is NextEnterprises Inc.
Company details
Digital payment and financial management solutions are offered by NextPay to empower MSMEs in the Philippines. Services including supplier payments, employee salaries, bulk payouts, and invoice management are provided. Custom workflows through APIs are supported, catering to various business needs. The platform is regulated by Bangko Sentral ng Pilipinas, ensuring secure transactions across multiple banks and e-wallets. Focus is placed on simplifying financial operations for growing businesses in the fintech sector.
- Total Equity Funding$1.73M (USD)
in 2 rounds
- Latest Funding Round$1.6M (USD), Seed
Jul 2021
- InvestorsRazorpay
& 14 more
Products & Services of NextPay
NextPay offers a comprehensive portfolio of products and services, including Send Money, Manage Money, Collect Money, and NextAPI.
Payments to vendors and employees are facilitated efficiently.
Financial workflows and reports are managed with ease.
Invoices are generated and reconciled automatically for businesses.
Custom payment workflows are built using this API.
Apps and channels of NextPay
its YouTube channel NextPay has 170 subscribers and 15 videos.
Videos from NextPay
The most watched videos on NextPay's YouTube channel, NextPay (170 subscribers). Click a video to play it here.
More on NextPay.
Funding Insights of NextPay
NextPay has successfully raised a total of $1.73M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $1.6 million completed in July 2021. 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 $1.73M
- Total Rounds 2
- Last Round Seed — $1.6M
- First Round $125,000
(Mar 2021)
- Investors Count 15
All 2 funding rounds of NextPay 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 |
|---|---|---|---|---|---|
| Jul 2021 | $1.6M | Seed | – | Golden Gate Ventures, Gentree | |
| Mar 2021 | $125,000 | Seed | – | – |
15 investors in total: 11 institutional and 4 angel.
Investors in NextPay
NextPay has secured backing from 15 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Razorpay, Tribe Capital and Golden Gate Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital firm investing in Southeast Asian startups | goldengate.vc | Singapore, Singapore | ||
Early-stage B2C and B2B companies are funded by Gentree. | gentree.asia | Singapore, Singapore | ||
Corporate-backed venture capital firm focused on fintech, healthcare, and multiple sectors | kickstart.ph | Makati, Philippines | ||
First Asia is engaged in transforming opportunities into excellent companies. | 1983 | firstasia.com.ph | Makati City, Philippines | |
| foxmontcapital.com | ||||
Investments are made in global seed and early-stage startups. | 2018 | tribecap.co | Menlo Park, United States | |
Early-stage fintech investments are focused on in Southeast Asia. | 1982.vc | Singapore, Singapore | ||
Venture capital firm focused on pre-seed to series B stage companies | saisoncapital.com | Singapore, Singapore | ||
Early-stage startups are accelerated via funding and educational programs. | ycombinator.com | Mountain View, United States | ||
Payment and business banking solutions are provided for enterprises. | 2014 | razorpay.com | Bengaluru, India |
Investor details for NextPay
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
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People of NextPay
12 people are tracked at NextPay (3 in leadership, 9 in team).
| Name | Role | Group |
|---|---|---|
Don Pansacola | Co-Founder & CEO | Leadership |
Aldrich Tan | Co-Founder & CXO | Leadership |
Artie Lopez | Co-Founder and COO | Leadership |
Anna F. | Financial Markets Professional | Team |
A G. | Executive Assistant | Team |
Marc Aldrin B. | Recruitment Lead | Team |
Peter Jake Ruben | Senior Finance Operations Specialist | Team |
Anna Sasaki | Lead Customer Success Manager (promotion) | Team |
Pia Magalong | Account Manager | Team |
Adrian Parnacio | DevOps Engineer | Team |
Mikhail Basbas | Senior Software Engineer I | Team |
Wataru Ian Morata | Full Stack Engineer | Team |
Complete people profiles for NextPay
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
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Timeline of NextPay
3 dated milestones of NextPay across 2 years, from founding to its latest funding, stage changes and deals.
- Founded NextPay is founded.
- Funding First funding round of $125K.
- Funding Latest funding round, Seed, of $1.6M.
Web traffic of NextPay
The website of NextPay (nextpay.world) receives about 18.5K visits a month and ranks #864,627 among all websites worldwide, #8,236 in Graphics Multimedia and Web Design.
- Monthly visits18.5K
▼ 22.7% vs previous month
- Unique visitors10.6K
per month
- Global rank#864,627
among all websites
- Category rank#8,236
Computers Electronics and Technology · Graphics Multimedia and Web Design
- Bounce rate48%
- Pages per visit4.1
- Average visit3 min 17 sec
- DevicesDesktop 33% · Mobile 67%
Websites whose visitors overlap most with NextPay. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| canva.com | 100% | 876.1M | #35 | View details | |
| google.com | 77% | 85.8B | #1 | View details | |
| facebook.com | 71% | 12.1B | #3 | View details | |
| reddit.com | 70% | 4.4B | #9 | View details | |
| messenger.com | 67% | 302.6M | #106 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 8 similar websites and full traffic analytics for NextPay
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- 8 similar websites
- Audience overlap
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- Traffic by brand
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Related news about Nextpay
Complete news archive for NextPay
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Frequently Asked Questions about NextPay
NextPay was founded in 2019 and raised its 1st funding round 2 years after it was founded.
NextPay is headquartered in Makati, Philippines. It is registered at Makati, National Capital Region, Philippines.
Don Pansacola is the CEO of NextPay, as recorded in our data. They have also founded this company.
NextPay is a funded company, having raised a total of $1.73M across 2 funding rounds to date. The company's 1st funding round was a Seed of $125K, raised on Mar 2021.
Digital payment and financial management solutions are offered by NextPay to empower MSMEs in the Philippines. Services including supplier payments, employee salaries, bulk payouts, and invoice management are provided. Custom workflows through APIs are supported, catering to various business needs. The platform is regulated by Bangko Sentral ng Pilipinas, ensuring secure transactions across multiple banks and e-wallets. Focus is placed on simplifying financial operations for growing businesses in the fintech sector.
NextPay offers Send Money, Manage Money, Collect Money, and NextAPI.
NextPay has 15 investors. Key investors include Razorpay, Tribe Capital, Golden Gate Ventures, Gentree Fund, and Kickstart Ventures.
NextPay operates through Nextenterprises Inc..