Friday, November 8, 2024
16.9 C
New York

Paidy: Raises US $ 120 million in Series D Round

  • Paidy Japan’s pioneer and leading BNPL service with the mission to spread trust through society and to give people room to dream
  • Japanese buy now, pay later (BNPL) outfit Paidy raised US$120 million in a Series D funding round
  • JS Capital Management, Soros Capital Management, Tybourne Capital Management, and Wellington Management joined the round
  • Paidy launched its post-pay credit account for ecommerce in 2014, helping Japanese consumers make online purchases without credit cards
  • The firm now claims more than five million consumer accounts that used at over 700,000 websites
  • The new funding used to expand transactions with large merchants, develop new services

Hot this week

Banking as a Service: Meaning, Examples, Benefits and Future

The push for open banking has led to a...

What is Fintech?

Fintech: A term used to refer to innovations in...

Best fintech blogs and websites

Fintech (financial technology) has been an interesting part of...

How to buy shares online

Buying shares online in India has come a long...

Is it worth investing in life insurance over 60?

Is it worth investing in life insurance over 60? As...

Alliant Credit Union Appoints Ken Schaafsma as Interim CEO

Alliant Credit Union in Chicago has appointed Chief...

Kaizen Secures £42M Investment to Expand Regulatory Compliance Solutions

Kaizen, a UK-based regulatory compliance solutions provider, has...

FTC Challenges Neobank Dave Over Deceptive Marketing and Hidden Fees

The Federal Trade Commission (FTC) has filed a...

Bank of New Zealand Acquires BlinkPay to Boost Open Banking Solutions

Bank of New Zealand (BNZ) has acquired Auckland-based...

FE Fundinfo Acquires Matterhorn to Enhance AIFMD Reporting Services

FE Fundinfo has acquired Matterhorn Reporting Services to...

Konsentus Chosen to Drive Open Banking API Standards for Bank of Namibia

UK-based regtech Konsentus has been selected by the...

Monument Technology Appoints New CTO and CCO to Strengthen BPaaS Offerings

Monument Technology, a UK-based provider of Banking-Platform-as-a-Service (BPaaS)...

Related Articles

Popular Categories

spot_imgspot_img