Founded: 2007
Funding Raised: $37.5M
Key Milestone: Acquired by PayPal in 2019
Key Investors: PayPal, Worldline
In the fast-paced world of finance, where decisions need to be swift, secure, and scalable, CFOs are under constant pressure to stay ahead of the curve. Enter GoPay, a fintech pioneer seamlessly blending innovation and security to meet the demands of Asia’s dynamic economy. As we honour the “10 Best CFOs in Asia,” GoPay stands as a vital force driving this digital revolution, transforming the way financial leaders approach payments and transactions.
Founded in 2007, GoPay has evolved from a startup into a fintech powerhouse, revolutionising how businesses manage payments. By providing real-time, secure, and adaptable solutions, it empowers CFOs to streamline operations and enhance their strategic financial planning. Acquired by PayPal in 2019, GoPay has rapidly expanded its footprint across Asia, becoming the preferred choice for CFOs aiming to lead in a digital-first world.
With a focus on innovation, GoPay is more than just a payment platform—it’s the trusted partner financial leaders rely on to navigate the complexities of modern finance, ensuring a future built on efficiency, security, and growth.
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Driving Financial Innovation
What began as a vision by founder Pavel Schwarz in 2007 has now evolved into a global player in fintech. With co-CEOs Michal Babouček and Petr Vaněk at the helm, GoPay’s leadership brings together a wealth of experience in financial technology. Under their guidance, GoPay has grown exponentially, positioning itself as a reliable partner for businesses and individuals seeking to streamline their financial transactions. Their expertise has been instrumental in integrating GoPay’s services into high-demand markets, ensuring that businesses in Asia have access to world-class payment infrastructure.
Aligning with Asia’s Financial Revolution
In this special edition of “10 Best CFOs from Asia 2024,” GoPay’s rise reflects a broader trend across the continent: the need for cutting-edge financial solutions that empower CFOs to make strategic decisions in a digitised economy. As financial operations in Asia become more complex and instantaneous, GoPay’s platform offers real-time, secure, and scalable payment solutions. CFOs across industries are leveraging these tools to ensure smoother operations, reduce transaction risks, and future-proof their financial strategies.
Revolutionary Technologies: Empowering Businesses at Scale
What sets GoPay apart is its relentless pursuit of innovation. The company’s proprietary no-code platform is a game-changer, allowing businesses, regardless of size, to implement highly secure payment gateways without needing in-depth technical knowledge. GoPay’s compliance with PCI DSS Level 1 ensures that all transactions are handled with the utmost security, a critical factor for CFOs managing sensitive financial data.
Further enhancing its offering, GoPay introduced PSD2 payments and launched the next generation of user interfaces to support both businesses and consumers in making transactions easier, faster, and more secure. CFOs can manage multiple financial channels through a unified dashboard, simplifying operations and freeing up resources for strategic growth.
Impact Across Asia and Beyond
GoPay’s influence extends far beyond its Czech origins, especially following its strategic acquisition by PayPal in 2019. This acquisition enabled GoPay to expand into Asia’s burgeoning markets, making it the first foreign payment platform to provide licensed online payment services in China. Today, GoPay is processing millions in transactions across Asia and Europe, contributing to the fast-paced digitisation of economies like India, Indonesia, and China.
For the CFOs featured in this edition, GoPay represents more than just a service provider; it is a partner in financial transformation. By offering local solutions tailored to global challenges, GoPay empowers businesses to scale without sacrificing security or efficiency.
Bright Future – Shaping the Next Generation of Payments
With backing from financial giants like PayPal and Worldline, GoPay is set to lead the digital payments space into a new era. Looking ahead, the company is focused on expanding its product offerings, such as the GoPay Financing initiative, which aims to provide small and medium businesses access to flexible financing solutions. This initiative is especially crucial for CFOs looking to capitalise on growth opportunities while managing financial risks.
As Asia continues its digital transformation, GoPay’s forward-thinking approach will be instrumental in supporting businesses through this journey. For CFOs in Asia, platforms like GoPay are not just tools but essential partners that help them navigate an increasingly digital and interconnected world.
In a financial landscape that’s evolving faster than ever, GoPay’s commitment to innovation and security is ensuring that CFOs have the tools they need to lead their companies into a secure, scalable, and successful future. As Petr Vaněk, co-CEO of GoPay, sums up,
“Our mission is to democratise financial services across borders, enabling every business to thrive in the global digital economy.”
For this reason and more, GoPay is not just a fintech company—it’s a beacon for financial leaders driving the future of Asia’s economy.
