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NextPay

The digital bank for small businesses in the Philippines. 


Company Size

51 - 250 employees

Year Founded

2019


About NextPay

NextPay is a digital bank for small businesses and entrepreneurs in The Philippines. They use us to send invoices, collect payments, do payroll, and pay their bills.

NextPay is the best alternative to bank accounts for small businesses and entrepreneurs in the Philippines. We help them similarly to how Brex helps companies in the US, but in a way that is more locally nuanced. We manage their finances and remove the steep barriers that Filipino banks and financial institutions typically require; no setup fees, maintaining balances, or ridiculous requirements.

View the full context on our Launch Bookface post:
https://bookface.ycombinator.com/posts/51999

Founders & Key People

Aldrich Tan

Aldrich Tan

Founder, NextPay

Don Pansacola

Don Pansacola

Founder, NextPay


Financials Beta

Business Model: Not Specified

Revenues: $63,000 - $188,000 / year

Expenses: $63,000 - $188,000 / year

Debt: Request

Operating Status: Active

Funding Raised: $125,000

Investment Rounds: 1 Rounds

Funding Stage: Pre-Seed

Last Funding Date: Pre-Seed


Investors

Y Combinator

Not your average fixed point combinator.


Funding Rounds

Funding

$125,000

Funding Rounds

1 rounds

PS

$125,000

Pre-Seed Round

Early Stage

Mar 2021

Y Combinator Logo

Frequently Asked Questions

What industry is NextPay in?

NextPay is in the Finance & Financial Services and Software/Internet industry.

Who are NextPay's founders and individuals in key leadership positions?

NextPay has 2 founders and people in key management positions. They are:
  • Aldrich Tan
  • Don Pansacola
  • How long has NextPay been in business?

    NextPay was established in 2019 (5 years in business).

    Is NextPay currently hiring?

    No, NextPay is currently not hiring.

    Visit NextPay's Jobs Page to stay updated with any upcoming open positions.

    Which country is NextPay headquartered in?

    NextPay is based in Philippines.

    How much funding has NextPay raised to date?

    NextPay has raised USD$125,000 in funding over 1 rounds. Their most recent round was a Pre-Seed round.

    Who are NextPay's investors?

    NextPay has 1 investors. They are:
    • Y Combinator

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