Announced
Completed
Financials
Sources
Tags
Minority
financial service providers
Private Equity
Single Bidder
Japan
online payment
Private
Friendly
Payments / Commerce
Completed
fintech industry
Acquisition
Synopsis
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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