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Paytner raises ¥2.3B in a Series D funding round, led by multiple investors including IF Growth No. 1 Investment Limited Partnership. The funds will enhance marketing, recruitment, and product functionality.
Paytner, based in Minato-ku, Tokyo, has successfully raised ¥2.3 billion in its Series D funding round. The company plans to allocate the capital towards marketing initiatives and strengthening its internal structure, among other aims. Investors included notable firms such as Mizuho Capital Co., Ltd. and JIC Venture Growth Investments Co., Ltd
Company Information
Company
Paytner Ltd
Location
Japan
About
Paytner provides an online factoring service for sole proprietors and SMEs. Founded in 2019 by Yu Sakai, the company allows businesses to upload invoices and receive cash advances in as little as one day. Their mission is to create a financial system that helps small businesses overcome financial management and funding challenges. Paytner is preparing for an initial public offering with the funds raised.
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