PayRex is a Philippine online payment gateway operated by Evolut10n Labs, Inc., launched in late 2023 by former PayMongo co-founders Jaime Hing and Edwin Lacierda. It lets businesses accept credit and debit cards, GCash, Maya, QR Ph and BNPL, with developer APIs, hosted checkout, payment pages, a Shopify plugin and finance-automation tools. A BSP-registered Operator of Payment System, it processes payments under PCI DSS standards, serving merchants such as the SM Store and SM Markets. In January 2026 it raised a US$2M Series A led by Kollab.
Total raised
US$2M
Sum of recorded funding rounds
Stage
Series A
Figures are calculated from the funding rounds recorded for this company.
PayRex's official entry point for developer and integration work. Depending on the company it may be public documentation, a sandbox, or a partnership contact.
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