Latitude Technologies, an Auckland-based online payments company which operates under the brand name LatiPay, has secured US$3 million in Series A funding from Singapore-based venture capital firm Jubilee Capital Management, with participation from Tuhua Fund, Zino Fund (both based in New Zealand) and an angel investor.
These four investors are the latest to fund this fintech company, whose existing shareholders include Jim Rogers (Chairman of Rogers Holdings and Beeland Interests).
With this capital, LatiPay will onboard more merchants onto its platform, in addition to expanding into Singapore and the US.
Started a year ago by Peter Wei, LatiPay allows Chinese consumers to…