Asian BNPL platform Pace announced today that it had signed an agreement to acquire competitor Rely for an undisclosed sum. They will absorb all Rely personnel, who will work to transition Rely customers to the Pace platform. Rely was an early entrant in Singapore’s BNPL… Read More
Read more in: Asia, Fintech | Tagged bnpl, pace, rely, singapore, turochas ‘t’ fuad
Singapore-headquartered Pace, a Buy-Now-Pay-Later (BNPL) service provider, has acquired $40 million in capital as part of its Series A round. Investors that participated in Pace’s investment round include UOB Venture Management (Singapore), Marubeni Ventures (Japan), Atinum Partners (South Korea), AppWorks (Taiwan), and several family offices… Read More
Read more in: Asia, Fintech | Tagged bnpl, buy now pay later, investment round, pace, singapore, southeast asia, turochas ‘t’ fuad
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