Pace Enterprise’s $40 Million Series A Investment Round

Rajah & Tann Singapore assisted Pace Enterprise Holdings Pte. Ltd. on the round.

Pace Enterprise Holdings Pte. Ltd.a Singapore-based fintech solution company, has raised USD40 million in its Series A investment round.

Investors that joined the round include UOB Venture Management (Singapore), Marubeni Ventures (Japan), Atinum Partners (South Korea), AppWorks (China Taiwan), and a series of family offices from Japan and Indonesia. Previous investors, Vertex Ventures Southeast Asia, Alpha JWC, and Genesis Alternative Ventures also participated. 

Pace is the fastest-growing multi-territory fintech solutions company from Singapore with a mission to democratize financial services across Asia. It allows consumers to split their purchase bills into three interest-free payments over 60 days, through an omnichannel experience that helps consumers spend sustainably.

The Rajah & Tann team included Partner Terence Quek (Picture), Benjamin Liew and Cheryl Tan. 

Involved fees earner: Benjamin Liew – Rajah & Tann LLP; Terence Quek – Rajah & Tann LLP; Cheryl Tan – Rajah & Tann LLP;

Law Firms: Rajah & Tann LLP;

Clients: Pace Enterprise;

Sonia Carcano

Author: Sonia Carcano