Berrypay
Fintech solutions for secure, inclusive online transactions, connecting 13,000+ bank branches and serving 3 million users.
| Date | Investors | Amount | Round |
|---|---|---|---|
N/A | Seed | ||
| Total Funding | 000k | ||
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BerryPay is a fintech company that provides digital financial solutions aimed at promoting financial inclusion. The company focuses on serving unbanked, unserved, and underserved populations, while also catering to the general market. BerryPay operates in multiple countries, including Malaysia, Indonesia, Singapore, and the United Arab Emirates. The business model revolves around offering secure online transactions through a combination of several online products. BerryPay partners with various banks, including Bank Rakyat Indonesia, Permata Bank, QNB Indonesia, and Affin Bank, to ensure a wide reach and robust service. The company generates revenue through its B2B mode, collaborating with cooperatives and microfinance organizations. BerryPay's platform is connected to over 13,000 bank branches and has an aggregated user base of over 3 million people. Key features include live daily exchange rate displays, e-KYC (electronic Know Your Customer) processes, and responsive mobile design for ease of use.
Keywords: fintech, financial inclusion, secure transactions, unbanked, underserved, B2B, microfinance, bank partners, e-KYC, mobile design.