FinTech startup Pace Enterprise announced its launch today with a “buy now, pay later” solution, headed by veteran entrepreneur Turochas “T” Fuad, previously of Spacemob and Travelmob.

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.

Fuad was last at WeWork, where he served as managing director of Southeast Asia and Korea for close to three years before departing last June. 

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