NextPay boasts of P21.5M donations processed for humanitarian groups

Homegrown fintech platform NextPay said Tuesday it has processed over P20 million worth of donations for humanitarian and non-profit groups as it aims to simplify their fee collections and fundraising processes.

In a news release, NextPay said it has processed over 1,500 transactions worth P21.5 million over the past 12 months for its non-profit organization clients.

“Far more than helping your typical growing business, assisting non-profit organizations is aligned with our goal of supporting the promotion of inclusive growth in the country,” said NextPay chief experience officer and co-founder Aldrich Tan.

NextPay said its end-to-end digital financial operations platform streamlines the non-profit group’s outreach, fee collections, and fundraising processes.

“We believe that NextPay is more than just an all-in-one financial tool for growing businesses in the Philippines. Simplifying fundraising and fund management also allows non-profit organizations to focus on their humanitarian and social projects,” said NextPay chief executive officer and co-founder Don Pansacola.

Humanitarian organizations may also use NextPay’s platform to pay suppliers, disburse funds directly to beneficiaries in batches, and distribute employees’ salaries.

NextPay is backed by Silicon Valley-based startup accelerator Y Combinator, Singapore-based VC firm  Golden Gate Ventures, the Ayala Group’s Kickstart, and Gentree Fund, the private investment vehicle of the Sy Family of the SM Group conglomerate, and other investors. —VAL, GMA Integrated News