PayTo fintech Hello Clever raises $4.5 million Seed round

A buy-to-earn fintech Hello Clever has raised $4.5 million in a Seed round as it looks to build out its instant rewards ecosystem.

The round was led by Vectr Fintech Partners with participation from CrossFund, Yolo Investments, Magnivia Ventures, Son Tech Ventures, Boson Ventures and notable angels such as Ken Cheung, the former APAC head of Facebook and Instagram, Daniel Johnson of Mercurien Insurance and Bosco Tan.

The announcement came just days after Hello Clever became the first payment platform in Australia to offer PayTo pre-authorised payments, and on August 17, completed the first PayTo payment in Australia with the RBA.

Launched in early 2022 by high school mates turned cofounders Caroline Tran and Gavin Nguyen, the pair are looking to use the capital to build a team of developers and designers as they also start to eye off other markets in the Asia Pacific region.

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