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

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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