CarePay projects to onboard 10,000 healthcare centers by FY24

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Summary

CarePay says it has recorded 100% month-on-month growth in 2023 and expects to keep scaling quickly in the current quarter. The company raised $850K in pre-seed capital from several investors in August 2023. It plans to use the fresh funding to expand its B2B2C healthcare financing platform and target a 20x increase in scale. CarePay also says it has processed $10 million in annualized transactions and has already onboarded hundreds of merchants, centers, and clinics.

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Amount $1.4M Total raised
Date August 11, 2023 Announcement date
Investors Powerhouse Ventures Lead investors
Company https://www.carepay.money/ Funded company

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