IOT Pay

company

About

IOT Pay is a Canadian payment solution leader, enabling merchants to accept Omnichannel payment in-store and online on a global scale.

  • 11 - 50

Details

Last Funding Type
Seed
Last Funding Money Raised
$1.30M
Industries
Financial Services,FinTech,Information Technology,Payments
Founded date
Jan 1, 2017
Number Of Employee
11 - 50
Operating Status
Active

Eway Pay Technology Inc. is an official overseas partner with Tencent(wechat pay) and Alibaba(Alipay) in north America. They provide services and solutions in payment abroad for wechat pay and Alipay. When a consumer spends and amount of monty using digital payment in RMB, local business will receive the equivalent in US dollars. The whole transaction usually completes within 1-3 business day.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
2
$2M
IOT Pay has raised a total of $2M in funding over 2 rounds. Their latest funding was raised on Mar 6, 2020 from a Seed round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Mar 6, 2020 Seed $1.30M 2 Detail
Oct 1, 2018 Angel $700K 1 CentreGold Capital Detail

Investors

Number of Lead Investors
Number of Investors
1
2
IOT Pay is funded by 2 investors. CentreGold Capital and PinYi Capital are the most recent investors.
Investor Name Lead Investor Funding Round
CentreGold Capital Seed
PinYi Capital Seed