| Founded | 2021 |
|---|---|
| Closed | 2023 |
| Country | Singapore |
| Sector | Fintech |
| Total raised | $40M |
| Collapse type | Sudden Collapse |
| Founder | Turochas Fuad |
Pace
"The Southeast Asian BNPL startup raised $40M then shut down as rising rates made the model unworkable"
Unexpected shutdown within weeks of a trigger
Key Events Timeline
Pace was a Singapore-based buy now, pay later startup founded in 2021, operating across Singapore, Malaysia, Hong Kong, and Thailand.
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