GrabPay – Company Profile & Funding

Company Name: GrabPay

Location: Singapore

Current Status: Operating

Founded: 2016

Company Size: 1,001-5,000 employees

Description: GrabPay is a mobile wallet and payment platform that is part of the Grab superapp. The platform offers a variety of services, including mobile payments, money transfers, and online payments. GrabPay is the most widely used e-wallet in Southeast Asia and is available in over 8 countries.

Products and Services (Short Description):

  • Mobile payments
  • Money transfers
  • Online payments
  • Bill payments
  • Investments
  • Financial services

Startup Category: Fintech

Founders:

  • Anthony Tan: CEO and co-founder of Grab. He is a Malaysian entrepreneur with a background in business administration.
  • Tan Hooi Ling: Co-founder and CTO of Grab. She is a Singaporean computer scientist with a background in artificial intelligence.

Funding Amount: $22.5 billion

Number of Rounds: 14

Round Stage: Series H

Investors: SoftBank Vision Fund 2, SoftBank Vision Fund, GGV Capital, Tiger Global Management, Sequoia Capital, Hillhouse Capital Management, Temasek Holdings, Booking Holdings, Microsoft, Ping An Insurance, eBay, Goldman Sachs, American Express, Allianz, Hyundai Motor Group, Toyota Motor Corporation

Website: https://www.grab.com/pay:

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