Nearpay, a disruptive fintech startup, has successfully closed their Series A funding round with an impressive
USD 14 million. The funding will help further accelerate the development of their innovative payment platform.

Nearpay stands at the forefront of revolutionizing the payment landscape, utilizing cutting-edge technology and
unique features to simplify financial transactions for businesses and consumers alike.

This Series A funding has been led by prominent venture capital firms with a keen interest in supporting
disruptive fintech solutions. The usage of funds will primarily focus on expanding Nearpay’s operations,
enhancing scalability, and continuing to innovate their already impressive range of features.

Michael Adams, CEO of Nearpay, expressed his gratitude for the support and enthusiasm displayed by the venture
capital firms involved in this funding round. He stated, “We are thrilled to secure this funding that will play
a crucial role in our mission to transform the payment landscape. With this investment, we will be able to
significantly broaden our reach and bring our user-friendly payment platform to businesses and consumers around
the globe.”

The Nearpay platform eliminates the need for physical cards or cash by allowing transactions to be conducted
seamlessly through smartphones. They offer a secure and efficient system that ensures hassle-free payments for
customers and businesses, promoting a frictionless experience for all parties involved.

Nearpay’s innovative approach to payments has gained significant attention in the market, with a rapidly growing
user base and partnerships with major financial institutions and retailers.

The Series A funding comes at a time when Nearpay has experienced remarkable growth and positioned themselves as
key disruptors in the fintech industry. With this substantial funding secured, Nearpay is well-equipped to
further their mission of revolutionizing the way payments are made.

Nearpay’s success in attracting such substantial funding underscores the confidence investors have in their
ability to transform the payment landscape. The future looks promising for Nearpay as they continue to innovate
and drive change in the fintech industry.

For more information, visit www.nearpay.com