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New Deal


Announced

Completed

Paidy raises $143m in additional funding in series C round.

Financials

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Transaction Value£110m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Minority

financial service providers

Private Equity

Single Bidder

Japan

online payment

Private

Friendly

Payments / Commerce

Completed

fintech industry

Acquisition

Synopsis

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Paidy, a fintech startup that enables Japanese consumers to shop online without using a credit card raised $143m in series C funding round. The investors include PayPal Ventures, Soros Capital Management, JS Capital Management, and Tybourne Capital Management. The round comprises both equity in ‘Series C extension’ and debt financing. While $83m has been raised as part of ‘Series C Extension’, the remaining $60m has flown into the company as part of debt financing.

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