(L-R) Beam Co-Founders Nattapat Chaimanowong, Mike Chinakrit Piamchon, and Win Vareekasem
Bangkok-headquartered one-click checkout firm Beam has announced the completion of its US$2.5 million seed funding led by Sequoia Surge with participation from Partech Partners.
The payment firm plans to use the fresh funding to hire employees, acquire more merchants, and expand to other countries in Southeast Asia.
Also Read: Humble Sustainability raises funding to bring excess inventory back into circularity
Founded in 2019 by Nattapat Chaimanowong, Mike Chinakrit Piamchon, and Win Vareekasem, Beam makes online transactions easier on e-commerce and social platforms. The firm claims its solution takes just 20 seconds, 4x faster than an average online checkout, enabling brands to go direct-to-consumer.
“We want to help brands go direct-to-consumer and cultivate shopper loyalty by improving the online transaction experience and optimising platform fees. Shoppers should be able to shop wherever they want and check out with just one click,” said CEO Vareekasem.
Beam is part of Surge’s seventh cohort of 15 Southeast Asian and Indian startups.
—
Fundraising or preparing your startup for fundraising? Build your investor network, search from 400+ SEA investors on e27, and get connected or get insights regarding fundraising. Try e27 Pro for free today.
The post One-click checkout startup Beam raises US$2.5M seed funding led by Surge appeared first on e27.