Singapore’s payment start-up Pace to expand to Japan, Korea, Taiwan

By Celine Chen SINGAPORE, NNA – Pace, a Singapore-based fintech start-up that offers a ‘Buy Now Pay Later’ or BNPL service, has raised $40 million in a Series A round to fund its expansion to Japan, South Korea and Taiwan. Investors that participated include Singapore’s UOB Venture Management, Marubeni Ventures of Japan, Atinum Partners of South Korea, Taipei-based AppWorks, and some family offices from Japan and Indonesia. Earlier investors like Vertex Ventures Southeast Asia, Alpha JWC, and Genesis Alternative Ventures also took part. Launched in January this year, the start-up has seen hype…

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