ChainCatcher news, financial management platform KPay Group (KPay) announces the completion of its first round of institutional financing of $55 million, led by Apis Growth Markets Fund III and Apis Global Growth Fund III.

It is reported that KPay is a fintech company focused on providing comprehensive payment and settlement solutions for small and medium-sized enterprises. Founded in 2020 and headquartered in Hong Kong, KPay is dedicated to unleashing the growth potential of businesses through simple and intelligent technology. KPay serves over 33,000 merchants in Hong Kong, Singapore, and Japan. KPay's services include a one-stop collection technology and merchant service ecosystem that helps businesses streamline operations, reduce costs, and accelerate business growth. In addition, KPay actively expands its network of small and medium-sized merchants in collaboration with companies like American Express. KPay supports various cryptocurrency payment methods, including Bitcoin and Ethereum.