ExpressPay Secures $8.5M to Accelerate Payment Solutions Expansion in Azerbaijan

ExpressPay, a pioneering payment system in Azerbaijan since 2013, is thrilled to announce that it has successfully raised $8,500,000 in new funding to drive its next phase of growth and innovation. Over the past decade, ExpressPay has transformed the way payments are made in the region by offering a comprehensive suite of services through its extensive network of over 700 payment terminals conveniently located in Baku and surrounding regions, alongside a user-friendly website and a dynamic mobile application. This versatile ecosystem enables seamless transactions ranging from utility and banking payments to mobile operator bills and many other payment needs, thereby making everyday financial tasks simpler and more efficient for its users. This new capital infusion will empower ExpressPay to further enhance its technological infrastructure and expand its market presence. The funding is earmarked for upgrading existing systems, increasing the reach of its payment terminals, and integrating innovative digital solutions to secure and expedite transactions. In an era where digital payments are rapidly becoming the norm, this strategic investment supports ExpressPay’s commitment to creating a frictionless payment experience for both current and future customers, ensuring that the system remains robust and responsive to evolving market demands. As the company embarks on this exciting chapter, ExpressPay remains dedicated to fostering innovation and driving customer satisfaction while setting new benchmarks in the digital payment sector. Stakeholders, partners, and customers alike can look forward to a range of enhanced services and new, streamlined features that will continue to make ExpressPay a trusted name and an indispensable part of daily financial operations across Azerbaijan.