Cape Town Fintech Happy Pay Raises $5M to Reinvent BNPL in South Africa

Cape Town fintech Happy Pay raises $5M to reinvent BNPL in South Africa

Happy Pay, one of Africa’s fastest-growing Buy Now Pay Later platforms, has secured a $5 million seed round led by global technology investor Partech. The

Happy Pay Secures $5M Seed Round to Scale Africa’s First Ad-Subsidised BNPL Network

South African Buy Now, Pay Later (BNPL) platform Happy Pay has raised $5 million in a seed funding round to accelerate the growth of what it describes as Africa’s first ad-subsidised payments network. The round was led by Partech, with participation from Futuregrowth Asset Management, 4Di Capital, E4EAfrica, Equitable Ventures, Felix Strategic Investments, Summit.Deals, and […] The post Happy Pay Secures $5M Seed Round to Scale Africa’s First Ad…

South Africa’s Happy Pay Raises $5M Seed Round Led by Partech

Happy Pay, one of Africa’s fastest-growing Buy Now, Pay Later (BNPL) platforms, has closed a $5 million seed round led by global technology investor Partech. The round saw participation from Futuregrowth Asset Management, 4Di Capital, E4E Africa, Equitable Ventures, and Felix Strategic Investments. The Cape Town-based startup, with more than 600 000 registered users, is building what it calls an ad-subsidised payments network, a model that remov…

Happy Pay Raises USD 5 M To Build Ad-Subsidised BNPL In South Africa

Cape Town-based fintech Happy Pay has raised a USD 5 M seed round led by Partech to scale what it calls Africa’s first ad-subsidised payments network. Founded in 2021 by Wesley Billett (CEO), Patrick Postrehovsky (COO) and Mark Geary, the startup is rethinking Buy Now, Pay Later (BNPL) by removing interest and fees for consumers, instead monetising through merchants who pay for conversions driven by flexible payments and targeted advertising. Wi…

SA’s Happy Pay Raises $5M Seed Round to Scale Ad-Subsidized Payments Network

​​Happy Pay, a South African startup has announced it raised $5 million in seed funding to scale its ad-subsidized payments network, in order to provide consumers with a fee-free alternative to traditional Buy Now, Pay Later (BNPL) platforms.This seed rounding was led by global venture capital firm Partech, with participation from several regional investors. With this funding, the company aims to expand its services across South Africa and other…

South African fintech Happy Pay raises $5m to scale zero-interest BNPL

Cape Town-based buy now, pay later startup Happy Pay has raised $5 million in seed funding to expand its merchant-funded payment platform, which charges consumers no interest or fees. Partech, a Paris-headquartered venture capital firm, led the round, with participation from Futuregrowth Asset Management, 4Di Capital, E4E Africa, Equitable Ventures, Summit Deals, the University Technology Fund, and Felix Strategic Investments. Happy Pay operates…