| Founded | 2019 |
|---|---|
| Closed | 2024 |
| Country | Singapore |
| Sector | Fintech |
| Collapse type | Mass Layoff Spiral |
| Founder | Rajith Shaji |
Volopay
"Southeast Asian corporate card that spent $1,800 acquiring customers worth only $900 annually."
Cascading layoffs that accelerated the decline
Key Events Timeline
Volopay, a Singapore-based corporate card and expense management platform, raised $29M including a $29M Series A in 2022, targeting Southeast Asian SMEs.
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