KPay Group, a financial management and business operations platform catering to over 72,000 merchants across the Asia-Pacific, has opened a new office in Sydney to meet the growing need for streamlined payment solutions in Australian businesses.
The company was recently named “PayTech of the Year” at the 2025 Asia FinTech Awards and featured on Forbes Asia’s “100 to Watch 2025,” signalling its continued growth in the digital payments sector.
KPay’s consolidated platform provides transparent and affordable payment solutions designed for the retail, F&B, and e-commerce sectors. It includes same-day settlement and a multi-tiered support system with 24/7 multilingual live support, a Merchant Success Team for personalised service, and guidance from Solution Consultants.
“We are thrilled to serve Australia’s vibrant merchant community. With a record-breaking US$55 million (approximately A$83.77 million) Series A fund raise—2024’s largest globally in the payments sector, KPay aims to elevate the local fintech ecosystem with innovative solutions that drive merchant success,” said Davis Chan, Co-Founder and CEO of KPay.
“Australia marks our first expansion beyond Asia, and we are dedicated to setting new standards and laying the foundation for our global growth.”
As of 2024, Australia’s payments market stood at around A$1.23 trillion and is expected to grow to approximately A$2.04 trillion by 2033, reflecting a 5.3 per cent CAGR. The presence of more than 2.65 million SMEs underscores the country’s significance as a strategic expansion market for KPay.
“Small and medium-sized enterprises (SMEs) are the backbone of our local communities. They drive economic opportunity, jobs and growth. They are too big to ignore, but they too face cost-of-living challenges. KPay’s arrival in Australia is a positive and innovative step in empowering our SMEs,” said Matt Cross MP, Member of the NSW Parliament.
“Congratulations on this significant milestone, and I look forward to seeing KPay’s impact on Australia’s fintech future.”
KPay introduced its global product roadmap at the Product Blueprint Reveal and Sydney office opening ceremony, as well as a suite of pay-in, pay-out, and business solutions for merchants of all sizes to improve operations and efficiency.
“It’s encouraging to see organisations with roots in a global hub like Hong Kong recognising these challenges that Aussie businesses face. Hong Kong understands the dynamics of digital transformation, the need for efficiency, and the power of connection,” said Helen Wai-Har Sham-Ho OAM, former New South Wales Legislative Council member.
“When that understanding is brought to Australia with a mission to support our local SMEs, to empower them with the tools for modern commerce, it’s a partnership that deserves our attention.”