Durianpay Seeks New Investors to Expand B2B Payment Service

By Editorial Team 13/06/2023
digital payment
Summary

Business-to-business (B2B) payment platform Durianpay announced expansion plans after performing well towards the end of the first half 2023.

Durianpay co-founder Natasha Ardiani said the company recorded five times total processing value (TPV) growth year-on-year (YoY) with a run rate of US$700 million since 2022.

Durianpay also recorded a positive gross margin for the first time since launching in 2020. Natasha suggested that Durianpay must expand its team and operations to simultaneously handle thousands of daily transactions recorded in many large invoices.

"With the latest Durianpay product, corporate clients can immediately match transactions with the right invoices, which allows for additional payments by customers," she said on Monday.

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