About Tendopay
Tendopay is a Financial Services company based in Manila (Philippines) founded in 2018, and was acquired by TONIK in December 2022. App-based solution for point of sale financing. Tendopay has raised $150 thousand across 1 funding round from investors including TONIK and Iterative. Its website tendopay.ph draws about 312 thousand monthly visits. Tendopay offers products and services including Automated Savings, Premium Insurance, Financial Management, Financial Assistance, and Bills Payments. Its focus areas include FinTech, Alternative Lending, Online Lenders and Consumer Loans. Its legal entity is Templetech Finance Corp. Its competitors include Billease, PayRemit and KyE Installment Online Shop; 1 of its 3 listed competitors has raised funding.
Company details
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.
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.
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.
- Total Funding $150,000
- Total Rounds 1
- Last Round Seed — $150,000
- First Round $150,000
(Jun 2020)
- Investors Count 1
All 1 funding rounds of Tendopay 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 |
|---|---|---|---|---|---|
| Jun 2020 | $150,000 | Seed | – | Iterative | – |
2 investors in total: 2 institutional.
Investors in Tendopay
Tendopay has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include TONIK and Iterative.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage tech startups are funded and accelerated by Iterative. | iterative.vc | Singapore, Singapore | ||
Digital banking solutions for individuals are provided by TONIK. | 2018 | tonikbank.com | Singapore, Singapore |
Investor details for Tendopay
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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Verified entity values are shown only after access is granted.
People of Tendopay
23 people are tracked at Tendopay (3 in leadership, 20 in team).
| Name | Role | Group |
|---|---|---|
John Raphael De la Cruz | Head Of IT | Leadership |
Mark Macalintal | Head Of Sales | Leadership |
Parham Karegar | Chief Technology Officer | Leadership |
Mark Zhang | Full-stack Developer | Team |
Maharram Guliyev | Flutter Developer | Team |
Arianne Dela Cruz | QA Manager | Team |
Clarissa Jalmasco | Operations Associate | Team |
Steph Ty | Sales Enterprise Manager | Team |
Jillian Kau | Finance Manager | Team |
Miguel Espiritu | Software Engineer | Team |
Mark Tan | Analytics Manager | Team |
Marcin Michalak | Senior Software Developer | Team |
Sangmin Lee | Full Stack Developer | Team |
Mark Lorenz Infiesto | Enterprise Sales Manager | Team |
Lovely A. | Financial Sales Consultant | Team |
Abigail Clemente | Enterprise Account Manager | Team |
Francis Anthony Martinez | Sales Specialist | Team |
Kenn Recto, CLSSYB | Enterprise Sales Manager | Team |
Ralph Agenar | Enterprise Sales Manager | Team |
Dianne Fernando | Accounting Associate | Team |
3 more people are available in the full profile.
Complete people profiles for Tendopay
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 Tendopay
3 dated milestones of Tendopay across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Tendopay is founded.
- Funding First funding round of $150K.
- Exit Acquired by TONIK.
Competitors of Tendopay
Tendopay has 3 listed competitors in our database, 1 of them funded. They include Billease, PayRemit and KyE Installment Online Shop.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| billease.ph | 2017 | Makati, Philippines | $16M | Point-of-sale financing is enabled via an online installment platform. | ||
| payremit.biz | 2015 | Pasig, Philippines | Operates an app-based platform for cross-border payments targeted at migrant workers. | |||
| kyeinstallmentshop.com | 2022 | Philippines | Provides online shopping for various products using installment payments and zero downpayment. |
Detailed competitors of Tendopay
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- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Tendopay
The website of Tendopay (tendopay.ph) receives about 311.9K visits a month.
- Monthly visits311.9K
▲ 3.1% vs previous month
Websites whose visitors overlap most with Tendopay. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| instagram.com | 100% | 7.1B | #4 | View details | |
| messenger.com | 100% | 302.6M | #106 | View details | |
| reddit.com | 90% | 4.4B | #9 | View details | |
| facebook.com | 87% | 12.1B | #3 | View details | |
| tiktok.com | 87% | 3.2B | #7 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 9 similar websites and full traffic analytics for Tendopay
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- 9 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
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Related news about 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. The company's 1st funding round was a Seed of $150K, raised on Jun 2020.
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's top competitors include Billease, PayRemit and KyE Installment Online Shop.
Tendopay offers Automated Savings, Premium Insurance, Financial Management, Financial Assistance, and Bills Payments.
Tendopay operates through Templetech Finance Corp.
Yes. Tendopay was acquired by TONIK in December 2022.
The website of Tendopay receives about 312 thousand visits a month.