Pace

company

About

Pace is an online payment platform that allows users to pay for their purchases in three interest-free installments.

Details

Last Funding Type
Series A
Last Funding Money Raised
$6M
Industries
Apps,FinTech,Payments,Shopping
Founded date
Jan 1, 2020
Number Of Employee
11 - 50
Operating Status
Active
Legal Name
Pace Enterprise Pte Ltd.
Also Known As
Pace Pay,Pace Enterprise

Pace is an online payment platform that allows users to shop for more with no interest or hidden fees. Pace lets shoppers take charge of their spending without giving up on the things they need or deserve. Pace allows consumers to split their purchases into three equal interest-free payments over 60 days through an omnichannel experience that helps them spend sustainably.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
5
$46M
Pace has raised a total of $46M in funding over 2 rounds. Their latest funding was raised on Dec 7, 2022 from a Series A round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Dec 7, 2022 Series A $6M 4 Detail
Feb 15, 2022 Series A $40M 8 Detail
Jun 16, 2021 Debt Financing 1 Genesis Alternative Ventures Detail
Jan 19, 2021 Seed 2 Alpha JWC Ventures
Vertex Ventures
Detail
Jan 1, 2020 Seed 1 Detail

Investors

Number of Lead Investors
Number of Investors
3
10
Pace is funded by 10 investors. Mindful Wealth and Taufiq Fuad are the most recent investors.
Investor Name Lead Investor Funding Round
Mindful Wealth Series A
Taufiq Fuad Series A
UOB Venture Series A
Vertex Ventures Series A
Alpha JWC Ventures Series A
AppWorks Series A
Atinum Partners Series A
FEBE Ventures Series A
Genesis Alternative Ventures Series A
Marubeni Series A

Employee Profiles

Number of Employee Profiles
6
Pace has 6 current employee profiles, including Executive Turochas Fuad
Executive
Employee
Employee
Employee
Employee

Acquisition

Pace has acquired 1 organizations. Their most recent acquisition was Rely on Mar 30, 2022. They acquired Rely for 0.

Date Company Name
Industry Acquisition Type Price
Mar 30, 2022 Rely
Financial Services acquisition Detail