# Payd funding: rounds and investors

> Payd has raised $2.1M across 2 rounds since 2022. Investors include Antler, IFS Capital and Orbit Ventures. Every round with its source.

Source: https://millionrounds.com/company/payd (Millionrounds; every figure on the page links to its filing or article)

Malaysia · [Seed startup](https://millionrounds.com/companies)

# Who invested in *Payd*

2 rounds we have observed, with the 6 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Consumer Apps B2B Fintech Future of Work

Funding summary Updated 26 Oct 2026

**$2.1M** raised across 2 rounds since 2022, from 2 sources

**$1.7M** Seed **$400K** Seed

- **Latest round:** Seed, $400K Feb 2025
- **Biggest round:** $1.7M Seed · Apr 2022
- **Investors:** 6 (1 led)

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2023 2024 2025

**$1.7M** Seed

**$400K** Seed

- **First round:** Seed, $1.7M
- **Biggest round:** $1.7M
- **Between rounds:** 2.8 years

## The rounds

- **Feb 2025** Seed **$400K** *1 new* *1 returning* [Antler](https://millionrounds.com/fund/antler) [Orbit Ventures](https://millionrounds.com/fund/orbit-ventures) Source recorded
- **Apr 2022** Seed **$1.7M** *5 new* [IFS Capital](https://millionrounds.com/fund/ifs-capital) Lead [Antler](https://millionrounds.com/fund/antler) [1982 Ventures](https://millionrounds.com/fund/1982-ventures) [The Hive Southeast Asia](https://millionrounds.com/fund/the-hive-southeast-asia) [Delight Capital](https://millionrounds.com/fund/delight-capital) Reported by Firms' own news pages

## Founders and team

From Payd's own website: 1 founder, 3 on the team.

**Benaiah Wepundi** Founder and Chief Maverick

- **Diana Mongina** Director of Happiness (COO)
- **Vincent Omondi** Lead Architect (CTO)
- **Japheth Achimba** Director of Chaos (Growth and CX)

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Seed** 2022 **Seed** 2025 [Antler](https://millionrounds.com/fund/antler) [IFS Capital](https://millionrounds.com/fund/ifs-capital) L [Orbit Ventures](https://millionrounds.com/fund/orbit-ventures) [1982 Ventures](https://millionrounds.com/fund/1982-ventures) [The Hive Southeast Asia](https://millionrounds.com/fund/the-hive-southeast-asia) [Delight Capital](https://millionrounds.com/fund/delight-capital)

## Everyone who backed them

[Antler](https://millionrounds.com/fund/antler) VC firm **2** rounds

[IFS Capital](https://millionrounds.com/fund/ifs-capital) VC firm **1** round, led 1

[Orbit Ventures](https://millionrounds.com/fund/orbit-ventures) VC firm **1** round

[1982 Ventures](https://millionrounds.com/fund/1982-ventures) VC firm **1** round

[The Hive Southeast Asia](https://millionrounds.com/fund/the-hive-southeast-asia) VC firm **1** round

[Delight Capital](https://millionrounds.com/fund/delight-capital) VC firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=payd).

## Also claim to have backed them

This firm lists Payd as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above.

[Nairobi Business Angel Network](https://millionrounds.com/fund/nairobi-business-angel-network) Angel network Per its own site

## Quick answers about Payd

### Who invested in Payd?

Payd's investors include Antler, IFS Capital, Orbit Ventures, 1982 Ventures and The Hive Southeast Asia, and 1 more on record.

### How much has Payd raised?

Payd has raised $2.1M across 2 rounds since 2022.

### When did Payd last raise?

Payd's most recent round was a Seed of $400K in Feb 2025.

### What was Payd's biggest round?

Payd's largest round on record is $1.7M (Seed), in Apr 2022, led by IFS Capital.

### Who backed Payd first?

Payd's first round on record, in Apr 2022, was backed by IFS Capital, Antler and 1982 Ventures and 2 others.

### What stage is Payd at?

Payd's latest named round is a Seed, in Feb 2025.

### Where is Payd based?

Payd is based in Malaysia.

### Who led Payd's rounds?

IFS Capital led the Seed in 2022.

## Companies like Payd

In the same sector, and raised in the last eighteen months.

[**PolicyStreet** $42M · Apr 2026](https://millionrounds.com/company/policystreet)[**xPay** $1.5M · Oct 2026](https://millionrounds.com/company/xpay)[**Kalshi** $2.7B · Oct 2026](https://millionrounds.com/company/kalshi)[**Ghanem** $1.5M · Oct 2026](https://millionrounds.com/company/ghanem)[**Cashin** $404K · Oct 2026](https://millionrounds.com/company/cashin)[**ZeroW** $417K · Oct 2026](https://millionrounds.com/company/zerow)

## Find investors like these

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