FundedIQ
Financial Services

Paywatch: Funding, Investors & Team (Sep 2026)

Paywatch is the only earned wage access service provider backed by major banks and recognized by the United Nations, Central Banks and regulators for its commitment to financial access and ESG. Working with top banks and employers in each of its markets, Paywatch serves as a bridge to help employees get banked, start getting credit the right way and find financial security. Paywatch operates in South Korea, Malaysia and Hong Kong.

www.paywatchglobal.com LinkedIn Kuala Lumpur, Malaysia 11-50 employees
Finance Financial Services Payments Software B2B Fintech App And digital economy
Total raised
$44.9M
Rounds
4
Latest
Series A
Nov 2025

Paywatch has raised $44.9M across 4 funding rounds on record, the most recent a Series A of $20.0M announced in Nov 2025.

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

Paywatch Company Profile and Key Stats

Total funding raised
$44.9M
across 4 rounds on record
Funding rounds on record
4
1 with no disclosed amount
Latest funding round
Series A
$20.0M in Nov 2025
Employees
11-50
reported band
Headquarters
Kuala Lumpur, Malaysia

Latest funding round on record: Nov 2025.

Paywatch Funding Rounds

Date
Round
Amount
Series A
$20.0M
Undisclosed round
$15.9M
Undisclosed round
Undisclosed
Seed
$9.0M

1 of 4 rounds was announced without a disclosed amount and is excluded from the total.

Paywatch raised $9.0M in a Seed announced in Dec 2022.

2 months later, an undisclosed round was announced in Feb 2023 with no disclosed amount.

1.3 years later, an undisclosed round of $15.9M was announced in Jun 2024.

1.4 years later, a Series A of $20.0M was announced in Nov 2025.

Paywatch Founders and Leadership Team

Name
Role
Contact
Alex Kim
Founder
Locked
Noel Mijares
Founder
Richard Kim
Founder
Locked
Richard H Kim
Locked

Contact details for the Paywatch team: 3 of 4 have an email address on file, 1 has a LinkedIn profile.

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Paywatch Funding Compared to Other Financial Services Startups

Segment
Companies
Median round
147
$1.9M
8,352
$15M

Paywatch's latest round of $20.0M is above the median round in Financial Services. Medians cover the last 24 months of disclosed rounds.

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Paywatch Funding FAQs

What does Paywatch do?

Paywatch is the only earned wage access service provider backed by major banks and recognized by the United Nations, Central Banks and regulators for its commitment to financial access and ESG. Working with top banks and employers in each of its markets, Paywatch serves as a bridge to help employees get banked, start getting credit the right way and find financial security. Paywatch operates in South Korea, Malaysia and Hong Kong.

How much funding has Paywatch raised?

Paywatch has raised $44.9M across 4 rounds on record. The most recent is a Series A of $20.0M announced in Nov 2025.

When did Paywatch last raise funding?

Paywatch's most recent funding round on record is a Series A of $20.0M, announced in Nov 2025.

Who founded Paywatch?

FundedIQ lists Alex Kim (Founder), Noel Mijares (Founder), Richard Kim (Founder) at Paywatch.

Where is Paywatch headquartered?

Paywatch is based in Kuala Lumpur, Malaysia.

How many employees does Paywatch have?

Paywatch is in the 11-50 employee band.

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

Paywatch's latest round of $20.0M is above the $14M median round size for Financial Services companies on FundedIQ across 5,745 tracked companies over the last two years.

About FundedIQ's Paywatch 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 Paywatch is left off this page rather than filled in.

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