SpherePay

paymentslendingother lendingp2p payments

FOUNDING YEAR: 2017
LOCATION: Singapore
Last Update: 17/07/2020

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About

SpherePay is an integrated mobile application that allows cashless transactions for the consumer to businesses and peer to peer fund transfers. SpherePay enables the user to link all their credit or debit card into one app and pay for their purchases at the partner merchants sites via simply scanning a QR code. Also, SpherePay offers the Advanced Credit function that uses QR Code to enable payment at the merchant. Users can use this Advanced Credit to make purchases at any of SpherePay's merchants and repay back within 30 - 45 days.

Focus

PRODUCTS & SERVICES

SpherePay offers QR code payment service to purchase online products, topups, for users. The platform also enables the user to access the advanced purchase ' buy now pay later' function called advanced credit and also person to person (p2p) fund transfer.

REVENUE MODEL

The company charges withdraw fee 2.5% .

People

FOUNDERS

Joseph Chen

NUMBER OF EMPLOYEES

1-10

INVESTORS:

Titanium Value

Momentum

FUNDED

YES

TOTAL FUNDING

$10 M

DATE OF LAST FUNDING

Jan 2018

FUNDING SERIES

OTHERS  · $10 M · Jan 2018

LISTED

NO

BASICS

FOUNDING YEAR:

2017

LOCATION:

Singapore

Views:

58 VISITORS | 122 VIEWS
LATEST FUNDING ROUND

$10 M

TOTAL EMPLOYEES
1-10

About

SpherePay is an integrated mobile application that allows cashless transactions for the consumer to businesses and peer to peer fund transfers. SpherePay enables the user to link all their credit or debit card into one app and pay for their purchases at the partner merchants sites via simply scanning a QR code. Also, SpherePay offers the Advanced Credit function that uses QR Code to enable payment at the merchant. Users can use this Advanced Credit to make purchases at any of SpherePay's merchants and repay back within 30 - 45 days.

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