QFPay digital payments receives funding to expand globally

QFPay digital payments recieves funding - Investors - money

QR code-based payment technology company, QFPay receives $20 million in funding. The new funding comes from QFPay digital payments investors, Sequoia Capital China and Matrix Partners. The Hong Kong-based company also received funding from new investors, Japan-based Rakuten Capital, Dubai-based VentrueSouq, and the corporate VC arm of Telkom Indonesia, MDI Ventures. With this new financial support, QFPay intends to expand its digital payments presence further. These new investments will give QFpay digital payments the chance to not only continue to expand within its core markets across Asia, but also further…

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