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July 19, 2024

BayaniPay gets US$4.5M in seed funding round

The new financial services firm raised funding from Talino Venture Labs, Wavemaker Partners, and East-West Bank.

BayaniPay announced its successful seed funding round, amassing a total of US$4.5 million in seed funding.

The freshly infused capital from East-West Bank and Wavemaker Partners shall allow BayaniPay to develop the technology team as the company improves its product lineup and increases its target markets.

BayaniPay intends to improve cross-border transfers, with their suite of payment solutions that simplifies the various types of remittances.