Singapore’s Tazapay used this pitch deck to bag $3.2m from Sequoia India’s Surge

ABOUT

Tazapay is a cloud-based trade management startup that helps small and medium-sized enterprises conduct cross-border commerce safely. The app allows users to do background checks on businesses, enabling transparency in trade.

Founded in April 2020 by Rahul Shinghal, Saroj Mishra, and Arul Kumaravel, Tazapay aims to mitigate uncertainties that SMEs face when expanding to international markets by providing payment protection services and counterparty verification.

The Singapore-based company is backed by Surge, Sequoia India’s accelerator program for startups, and Saison Capital, the corporate venture arm of Japanese consumer finance firm Credit Saison.

Tazapay will use the US$3.2 million from its recent seed round to develop products, recruit fresh talent, and expand into newer markets in Southeast Asia.

Fundraising journey

• 2020: Raised US$3.2 million in a seed funding round, led by Sequoia Capital India’s Surge and Saison Capital

How is the deck compelling?

• The pitch deck introduces Tazapay’s founders in the initial slides and details the problems in cross-border payment by using data points.
• It also elaborates on how the company’s service will help users eliminate risks and trust issues in payments.
• The deck maps out the fintech firm’s go-to-market strategy and its target market plan, which focuses on Southeast Asia and features a graphical representation of data.

SOURCE

Deck: Tazapay