FundedIQ
Financial Services

NextPay: Funding, Investors & Team (Sep 2026)

NextPay is an alternative to bank accounts for small businesses and entrepreneurs. Its platform enables companies to collect customer payments via digital invoices, manage their cash, and pay their employees, suppliers, or bills in batches to any bank or e-wallet.

nextpay.world LinkedIn Makati, Philippines 11-50 employees
Total raised
$1.7M
Rounds
2
Latest
Seed
Jul 2021

NextPay has raised $1.7M across 2 funding rounds on record, the most recent a Seed of $1.6M announced in Jul 2021.

That round is below the $14M median round size for Financial Services companies tracked on FundedIQ over the last two years.

NextPay Company Profile and Key Stats

Total funding raised
$1.7M
across 2 rounds on record
Funding rounds on record
2
Latest funding round
Seed
$1.6M in Jul 2021
Employees
11-50
reported band
Headquarters
Makati, Philippines

Latest funding round on record: Jul 2021.

NextPay Funding Rounds

Date
Round
Amount
Seed
$1.6M
Pre-Seed
$100k

NextPay raised $100k in a Pre-Seed announced in Mar 2021.

4 months later, a Seed of $1.6M was announced in Jul 2021.

NextPay Founders and Leadership Team

Name
Role
Contact
Don Pansacola
CEO

No contact details are on record for this team yet.

NextPay Funding Compared to Other Financial Services Startups

Segment
Companies
Median round
97
$5.2M
16,485
$3.1M

NextPay's latest round of $1.6M is below the median round in Financial Services. Medians cover the last 24 months of disclosed rounds.

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NextPay Funding FAQs

What does NextPay do?

NextPay is an alternative to bank accounts for small businesses and entrepreneurs. Its platform enables companies to collect customer payments via digital invoices, manage their cash, and pay their employees, suppliers, or bills in batches to any bank or e-wallet.

How much funding has NextPay raised?

NextPay has raised $1.7M across 2 rounds on record. The most recent is a Seed of $1.6M announced in Jul 2021.

When did NextPay last raise funding?

NextPay's most recent funding round on record is a Seed of $1.6M, announced in Jul 2021.

Who is the CEO of NextPay?

Don Pansacola is listed as CEO at NextPay.

Where is NextPay headquartered?

NextPay is based in Makati, Manila, Philippines.

How many employees does NextPay have?

NextPay is in the 11-50 employee band.

How does NextPay's funding compare to other Financial Services startups?

NextPay's latest round of $1.6M is below the $14M median round size for Financial Services companies on FundedIQ across 5,745 tracked companies over the last two years.

About FundedIQ's NextPay Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for NextPay is left off this page rather than filled in.

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