What does NomuPay do?
NomuPay offers a unified payment system via a single API that enables businesses to manage payments across markets by streamlining acquiring, treasury, and payouts. The platform supports enterprises to scale confidently across Asia, Europe, and the Middle East.
How much did they raise?
The company raised $40M at a $290M valuation in a funding round led by SB Payment Service Corp, a SoftBank Corp Group company. Previously, NomuPay completed a $37M round, contributing to over $120M of total investments over four years.
What are their plans for the money?
NomuPay intends to use the funds to expand and solidify its footprint in Japan, aiming to broaden its domestic and global market presence while enhancing its payments offering with additional methods and scalability.
What have they achieved so far?
The successful previous investment of $37M and the cumulative total of over $120M in funding over four years reflect NomuPay's steady progress and growing impact in the payments management sector.
