FinTech start-up Pace Enterprise announced its launch on Jan 19 with a BNPL solution, headed by veteran entrepreneur Turochas “T” Fuad, previously of Travelmob and Spacemob.

Headquartered in Singapore, the company raised a “high seven-figure” seed round co-led by Vertex Ventures, a Temasek subsidiary, and Indonesia’s Alpha JWC.

See: Buy now, regulate later? Are 'buy now, pay later' services good for cash-strapped consumers?

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