Prosper Pay raised $1.5 million in funding to scale into new markets and develop EWA in the region

FinTech startup Prosper Pay has secured investments in a Pre-series A round and is preparing for international scaling. The round was led by Murat Abdrakhmanov, with investors including Rakhimbayev Family Office Ltd, Askar Dostiyarov, and Yermek Ashkenov. The deal was supported by investors from the MA7 Angels Club.

Prosper Pay demonstrates venture growth and holds leading positions in the Earned Wage Access segment in Kazakhstan. Over the past year, the company's revenue grew tenfold, the number of users increased more than twentyfold, reaching 52,000. More than 40 companies are connected to the platform, including Magnum, Zammler Kazakhstan, Raimbek Group, and Jumis Go.

The raised investments will accelerate product development, enable scaling in Central Asia and the Caucasus, and expand the ecosystem of financial solutions. Plans include integration with HR systems, accounting platforms, and the launch of additional features that will help businesses manage payroll more efficiently.

Prosper Pay is a leading FinTech startup in Kazakhstan, developing an Earned Wage Access service. The platform allows employees to instantly access already earned money, reducing their financial stress and increasing job satisfaction. The service helps employers retain staff, reduce turnover, and speed up the hiring process.