PayEase BD
🔥 Hot Deal ⭐ FeaturedRaising
৳5,000,000
Stage
Seed
Sector
FinTech
Ask Amount
৳5,000,000
Sector
FinTech
Stage
Seed
Location
Dhaka
Business Overview
Problem
Over 60% of Bangladeshi SMEs cannot accept digital payments due to high setup costs and complex onboarding processes, forcing them to rely on cash-only transactions.
Solution
PayEase BD provides a zero-setup-cost digital payment infrastructure for SMEs. Merchants can start accepting payments via QR code, mobile banking, and card within 24 hours.
Target Market
Bangladesh has 7.8 million SMEs. We target the 4.5 million urban and semi-urban businesses currently underserved by traditional payment processors.
Traction
Processing ৳2 crore/month across 1,200 merchants. MoM growth of 28%. Partnerships with 3 major mobile banking providers.
Use of Funds
Product development (40%), Sales & marketing (35%), Operations & compliance (25%)
Key Metrics
Active merchants: 1,200
MoM growth: 28%
Transaction success rate: 99.2%
Deal Information
Disclaimer: Investment involves risk. This is not financial advice. Please conduct your own due diligence before investing.