KP Technologies (KyoPay), an online marketplace for invoice receivables that offers a fast, simple, and secure way for businesses in Myanmar to improve cash liquidity.
KyoPay connects businesses in need of liquidity to third-party funders willing to invest in an under-utilized asset class.
Using a model proven in emerging markets, KyoPay offers SMEs the opportunity to auction off their invoice receivables from financially-sound clients in order to secure cash for business growth.
KyoPay, the brand name of KyoPay Technologies, a Myanmar-registered joint venture, was founded by Acudeen Technologies Inc. of the Philippines and Anthem Asia (Myanmar) Ltd. in late 2017.
“Kyo Pay” means “pay in advance” in Myanmar language. Our brand is an owl, a symbol of a higher wisdom and strategy, and in Myanmar culture, is a symbol of goodluck.
KyoPay empowers Myanmar-based business owners and operators and helps them thrive amidst the economic challenges and rising competition found in Southeast Asia’s newest frontier market.
Register and accomplish basic ‘KYC/AML’ requirements.
Upload invoice receivable/s and wait for verification and approval.
Invoices will be awarded to the Funder with the highest bid amount.
Discounted funds are transferred to the Invoice Seller within 1 – 3 days.
KyoPay helps local SMEs get immediate cash by selling their invoices at discounted prices.
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