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§ Private Profile · Cape Town, NA - South Africa, South Africa
Buy Now Pay Later solutions for South African eCommerce merchants and consumers, offering interest-free, fee-free installments.
Happy Pay, based in Cape Town, South Africa, provides interest-free buy now, pay later (BNPL) solutions, enabling shoppers to split purchases over two pay periods without deposits or fees. The platform operates an ad-subsidised model, with costs covered by merchants and brands, and employs AI-driven affordability checks for responsible credit. It has grown to over 600,000 registered users, reporting 800% GMV and 500% revenue growth in 2024, alongside 900% user growth in the past year. The company secured $1.8 million in a September 2024 pre-seed round led by 4Di Capital, and a $5 million seed round in March 2026 led by Partech, with Futuregrowth Asset Management. Happy Pay was founded in 2021 by Wesley Billett and Patrick Postrehovsky.
Happy Pay has raised $5.0M across 1 funding round.
Happy Pay has raised $5.0M in total across 1 funding round.
Happy Pay has raised $5.0M across 1 funding round. Most recently, it raised $5.0M Seed in March 2026.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Mar 1, 2026 | $5M Seed | Partech, Matthieu Marchand, Partech Ventures | 4DI Capital, E4E Africa, Equitable Ventures, Felix Strategic Investments, Futuregrowth Asset Management | Announced |
Happy Pay has raised $5.0M in total across 1 funding round.
Happy Pay's investors include Partech, Matthieu Marchand, 4Di Capital, E4E Africa, Equitable Ventures, Felix Strategic Investments, Futuregrowth Asset Management.