About Tendopay
Tendopay is a company based in Manila (Philippines) founded in 2018 was acquired by TONIK in December 2022. Tendopay has raised $150 thousand across 1 funding round from investors including TONIK and Iterative. Tendopay offers products and services including Automated Savings, Premium Insurance, Financial Management, Financial Assistance, and Bills Payments. Tendopay operates in a competitive market with competitors including Akulaku, PayJoy, Billease, Plentina and PayRemit, among others.
- Headquarter Manila, Philippines
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Financial Services
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- Legal Name Templetech Finance Corp
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Products & Services of Tendopay
Tendopay offers a comprehensive portfolio of products and services, including Automated Savings, Premium Insurance, Financial Management, Financial Assistance, and Bills Payments.
Platform for earning interest on savings up to 6 percent annually.
Variety of insurance products for employees and relatives.
Tools to track budgets and maintain financial health.
Provides salary advances and installment purchases at zero percent interest.
App for tracking and paying recurring bills with discounts.
People of Tendopay
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Funding Insights of Tendopay
Tendopay has successfully raised a total of $150K through 1 strategic funding round. The most recent funding activity was a Seed round of $150 thousand completed in June 2020. 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.
Investors in Tendopay
Tendopay has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include TONIK and Iterative.
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Early-stage tech startups are funded and accelerated by Iterative.
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Digital banking solutions for individuals are provided by TONIK.
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Investor details for Tendopay
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Investments & Acquisitions by Tendopay
Investment portfolio details for Tendopay
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Financial Statements - Tendopay
Detailed financials for Tendopay
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Tendopay Comparisons
Peer comparison for Tendopay
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Competitors of Tendopay
Tendopay 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 Akulaku, PayJoy, Billease, Plentina and PayRemit, among others.
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Point-of-sale financing is provided for various consumer products via installments.
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Online platform for purchase financing
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Point-of-sale financing is enabled via an online installment platform.
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Online platform for purchase financing
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Operates an app-based platform for cross-border payments targeted at migrant workers.
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Detailed competitors of Tendopay
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Latest news on Tendopay
Complete news archive for Tendopay
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Frequently Asked Questions about Tendopay
Tendopay was founded in 2018 and raised its 1st funding round 2 years after it was founded.
Tendopay is headquartered in Manila, Philippines.
Tendopay is a funded company, having raised a total of $150K across 1 funding round to date.
Tendopay was founded in 2018 in Manila, Philippines, within the fintech sector. An app-based solution is provided for point-of-sale financing, allowing users to select it as a payment option during online purchases. Transactions are divided into customizable installments based on user needs, with flexible purchase limits applied. The application is accessible on both Android and iOS platforms, supporting buy-now-pay-later arrangements.
Tendopay offers Automated Savings, Premium Insurance, Financial Management, Financial Assistance, and Bills Payments.