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    NextPay

    Built for the Businesses That Move the Philippines

    Founded
    2019
    Headquarters
    Metro Manila, Philippines
    Stage
    Seed
    Total raised
    US$2M
    From recorded rounds
    Licences
    1
    BSP

    Overview

    NextPay is a digital business-banking and payments platform built for Philippine micro, small, and medium enterprises, entrepreneurs, and freelancers — an alternative to a traditional business bank account. Businesses collect customer payments via digital invoices, manage cash, and send batch payouts for payroll, suppliers, and bills to 90+ local banks and e-wallets, including UnionBank, BDO, BPI, GCash, and Maya. Operated by NextEnterprises, Inc., a BSP-registered Operator of Payment Systems, NextPay was a Y Combinator (W21) company and has processed roughly ₱13 billion in transactions since launch.

    Products

    • Payment Collections
    • Batch Payouts
    • Digital Invoicing

    Serves

    MSMEsEntrepreneursFreelancers

    Funding and ownership

    Total raised

    US$2M

    Sum of recorded funding rounds

    Stage

    Seed

    Investors and shareholders

    Golden Gate VenturesGentree FundKickstart VenturesFoxmont Capital Partners1982 VenturesSaison CapitalY Combinator

    Figures are calculated from the funding rounds recorded for this company.

    People

    • Don PansacolaCEO & Co-founder
    • Aldrich TanChief Experience Officer & Co-founder
    • Arthur Adrian LopezCOO

    Licences and certifications

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