A consortium of investors led a $120m Series D funding round in Paidy.

JS Capital Management, Soros Fund Management, Tybourne Capital Management and Wellington Management, four investment firms, led a $120m Series D funding round in Paidy, a "buy now, pay later" service provider. "Having the support of a powerful lineup including our existing shareholder JS Capital and Soros Capital of the United States and Tybourne of Hong Kong, and Wellington Management, makes me feel very encouraged about the future growth potential of a born-in-Japan startup that offers new values to the world. We intend to continue expanding our horizons and raising our sights. As our payment volume increases and '3-Pay' is used by more and more customers, we are strengthening our financial base to secure our growth trajectory as a trusted brand and reliable business partner for our merchants," Russell Cummer, Paidy Founder and Executive Chairman.