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Top 50 Payments Startup Investors in Japan (October 2026)

The most active venture capital funds and angel investors investing in Japan Payments startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Japan Payments startup companies. Find investors to raise a Seed, Series A or Venture - Series Unknown round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
East Ventures
VC Fund
11 Japan, Indonesia, Singapore Seed, Series A, Venture - Series Unknown Software, Information Technology, E-Commerce $250k–$30M
SMBC Venture Capital
VC Fund
9 Japan, United States, Singapore Venture - Series Unknown, Series A, Series B Information Technology, Software, Health Care $800k–$34M
Ceres
VC Fund
8 Japan, Singapore Venture - Series Unknown, Seed, Series A Cryptocurrency, Content, Blockchain $450k–$120M
D4V
VC Fund
7 Japan, United States, Singapore Seed, Series A, Venture - Series Unknown Software, Financial Services, E-Commerce $292k–$14M
Incubate Fund
VC Fund
7 Japan, United States, India Seed, Series A, Venture - Series Unknown Software, Information Technology, Artificial Intelligence $288k–$20M
JAFCO
VC Fund
7 Japan, United States, India Series A, Series B, Venture - Series Unknown Information Technology, Software, Artificial Intelligence $1.4M–$41M
Kotaro Chiba
Angel
7 Japan, United States Seed, Venture - Series Unknown, Series A Information Technology, Content, Software $215k–$18M
Global Brain Corporation
VC Fund
6 Japan, United States, United Kingdom Series A, Series B, Venture - Series Unknown Software, Artificial Intelligence, Information Technology $602k–$48M
Eric Di Benedetto
Angel
5 United States, Japan Seed, Series A FinTech, Internet, Developer APIs $1.8M–$6M
DNX Ventures
VC Fund
5 Japan, United States, Canada Seed, Series A, Series B Software, Information Technology, Artificial Intelligence $482k–$38M
Coral Capital
VC Fund
4 Japan, United States, Denmark Seed, Series A, Series B Software, Information Technology, SaaS $468k–$184M
NEC Capital Solutions
VC Fund
4 Japan, United States, Tanzania Venture - Series Unknown, Series B, Series A Manufacturing, Internet, Information Technology $452k–$184M
Archetype Ventures
VC Fund
4 Japan, United States Seed, Series A, Series B Software, Artificial Intelligence, Information Technology $605k–$32M
SBI Investment
VC Fund
4 Japan, United States, South Korea Series B, Series A, Venture - Series Unknown Software, Information Technology, Financial Services $1.3M–$62M
Arbor Ventures
VC Fund
4 United States, Singapore, Japan Series A, Series B, Series C FinTech, Financial Services, Finance $2.6M–$150M
ANRI
VC Fund
4 Japan, United States, Indonesia Seed, Series A, Venture - Series Unknown Software, Health Care, Information Technology $268k–$41M
Monex Ventures
VC Fund
4 Japan, United States, China Seed, Series A, Venture - Series Unknown Software, Financial Services, FinTech $372k–$17M
Kazuma Ieiri
Angel
3 Japan Seed, Angel, Venture - Series Unknown Content, Fashion, Finance $19k–$28M
Genesia Ventures
VC Fund
3 Japan, Vietnam, Indonesia Seed, Series A, Venture - Series Unknown Information Technology, Software, Artificial Intelligence $404k–$11M
Sony Innovation Fund
VC Fund
3 United States, Japan, United Kingdom Series A, Series B, Venture - Series Unknown Artificial Intelligence, Software, Health Care $1.5M–$52M
Sumitomo Mitsui Banking Corporation
VC Fund
3 Japan, United States, India Debt Financing, Post-IPO Debt, Venture - Series Unknown Energy, Financial Services, Renewable Energy $1M–$3B
AG Capital
VC Fund
3 Japan Venture - Series Unknown, Series A, Seed Finance, Software, Internet $462k–$28M
XTech Ventures
VC Fund
3 Japan, Italy, United Arab Emirates Seed, Series A, Venture - Series Unknown Software, Information Technology, Artificial Intelligence $480k–$11M
Nissay Capital
VC Fund
3 Japan, United States, Ethiopia Venture - Series Unknown, Seed, Series A Health Care, Software, Medical $455k–$12M
Mitsubishi UFJ Capital
VC Fund
3 Japan, United States, Israel Series A, Venture - Series Unknown, Seed Software, Information Technology, Manufacturing $470k–$21M
Oyster Ventures
VC Fund
3 United States, Hong Kong, Singapore Seed, Series A, Venture - Series Unknown FinTech, Software, Financial Services $150k–$101M
ANOBAKA
VC Fund
3 Japan, United States, India Seed, Venture - Series Unknown, Series A Artificial Intelligence, Software, Information Technology $283k–$10M
Shintaro Yamada
Angel
3 Japan, United States, Kenya Seed, Angel, Pre-Seed Internet, Finance, Content $251k–$5M
Saison Capital
VC Fund
3 India, Singapore, Indonesia Seed, Series A, Pre-Seed Financial Services, FinTech, Information Technology $1.5M–$33M
Kobe University Capital
VC Fund
2 Japan Series A, Series B, Seed Medical, Sales, Health Care $644k–$170M
GMO VenturePartners
VC Fund
2 Japan, United States, India Seed, Series A, Series B Financial Services, FinTech, Software $1.3M–$170M
Cherubic Ventures
VC Fund
2 United States, China, Taiwan Seed, Series A, Angel Software, Artificial Intelligence, E-Commerce $220k–$27M
Kyokuto Securities
VC Fund
2 Japan Seed, Series A FinTech, InsurTech, Insurance
PKSHA SPARX Algorithm Fund
VC Fund
2 Japan, China, United States Seed, Series A Information Technology, Artificial Intelligence, Human Resources $953k–$142M
Komura Fujio
Angel
2 Japan Seed, Angel Content, Ethereum, Marketing
KDDI
VC Fund
2 Japan, United States, South Korea Series A, Series B Mobile, Software, Internet $2.8M–$950M
Mizuho Financial Group
VC Fund
2 Japan, United States, China Series A, Post-IPO Debt Financial Services, Finance, FinTech
Osamu Ogasawara
Angel
2 Japan Angel SNS, Content, Fashion
Yusuke Tanaka
Angel
2 Japan Seed Tourism, Consulting, E-Commerce $16M–$18M
OKWave
VC Fund
2 Japan, Switzerland Corporate Round, Seed, Series A Cryptocurrency, FinTech, Software $271k–$926k
Masaru Sunagawa
Angel
2 Japan Seed, Angel, Venture - Series Unknown Finance, Software, Artificial Intelligence $608k–$1.2M
Social Leverage
VC Fund
2 United States, Canada, Israel Seed, Series A, Series B Software, FinTech, Financial Services $925k–$50M
Sumitomo Mitsui Financial Group
VC Fund
2 Japan Series A, Corporate Round Banking, FinTech, Payments
Money Forward
VC Fund
2 Japan, Singapore, India Seed, Series A Software, Financial Services, Accounting $1.6M–$47M
Shunsuke Oyu
Angel
2 Japan, Singapore, United States Seed, Angel, Venture - Series Unknown Content, Internet, E-Commerce $320k–$36M
VOYAGE VENTURES
VC Fund
2 Japan, China, Germany Seed, Series A Software, Internet, Information Technology $200k–$77M
Jungle Ventures
VC Fund
2 India, Singapore, Indonesia Series A, Seed, Series B E-Commerce, Software, Financial Services $628k–$45M
Berkeley Angel Network
VC Fund
2 United States, India, Italy Seed, Angel, Series A Health Care, Medical, Software $200k–$5M
IDEO
VC Fund
2 United States, Germany, United Kingdom Seed, Series A Health Care, FinTech, Cryptocurrency $1M–$200M
Shinji Kimura
Angel
2 United States, India, Japan Seed, Series B, Venture - Series Unknown FinTech, Financial Services, Software $67k–$220M
Access all 228 investors in Japan Payments startups.

Access 48,091 investors

822 industries, 177 countries. Updated daily. Emails and phones included.

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Investor list

East Ventures
VC Fund · Tokyo, Tokyo, Japan · 11 investments in Japan Payments startups

East Ventures is an early stage venture capital (VC) focused on Southeast Asia, Indonesia & Japan. Success cases include Tokopedia, Traveloka, and Mercari.

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Investment focus

  • Industry: Software, Information Technology, E-Commerce
  • Stage:Seed, Series A, Venture - Series Unknown
  • Geography: Japan, Indonesia, Singapore

Investor stats

  • Total investments: 693
  • Round size: Seed $250k–$5M; Series A $1.9M–$30M; Venture - Series Unknown $366k–$30M
  • Lead/follow: 41% lead, 59% follow
  • Last fund: Likely still investing — raised $150M in 2022

Portfolio highlights

  • Sisuta — Sisuta is a purpose-driven organization committed to addressing fundamental social issues by seamlessly integrating human insight with advanced technology, creating innovative solutions that empower individuals, strengthen communities, and unlock the full potential of both people and digital tools to drive sustainable social impact.
  • BASE — BASE provides web-based services that develop and build e-commerce platforms. The company provides its services across Japan, such as net shop creation, development of shopping applications, development of online payment, and other services.
  • EveryWill — Every WiLL will hasten the creation of a new logistical infrastructure that addresses social problems, beginning with the "way we receive" our products.
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SMBC Venture Capital
VC Fund · Tokyo, Tokyo, Japan · 9 investments in Japan Payments startups

Sumitomo Mitsui Banking Corporation (SMBC) and its group companies offer a broad range of financial services centered on banking. They are also engaged in the leasing, securities, credit card, investment, mortgage securitization, venture capital and other credit related businesses. The following lists the activities of SMBC, its subsidiaries and affiliates in the various business segments.

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Investment focus

  • Industry: Information Technology, Software, Health Care
  • Stage:Venture - Series Unknown, Series A, Series B
  • Geography: Japan, United States, Singapore

Investor stats

  • Total investments: 672
  • Round size: Series A $1.1M–$32M; Series B $2.3M–$34M; Venture - Series Unknown $800k–$12M
  • Lead/follow: 4% lead, 96% follow
  • Last fund: May invest from a new fund soon — last raise in 2019

Portfolio highlights

  • LQUOM — QWAVE offers cryptography communication technology.
  • Etaily — Etaily provides e-commerce and retail solutions in the Philippines, enabling brands with end-to-end services, from store management to fulfillment.
  • Link Therapeutics — Link Therapeutics specializes in developing therapeutic methods for targeting autoantibodies and identifying pathogenic autoantibodies.
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Ceres
VC Fund · Setagaya, Tokyo, Japan · 8 investments in Japan Payments startups

Ceres is a company providing internet marketing services and is engaged in the planning, development, and operation of smartphone media.

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Investment focus

  • Industry: Cryptocurrency, Content, Blockchain
  • Stage:Venture - Series Unknown, Seed, Series A
  • Geography: Japan, Singapore

Investor stats

  • Total investments: 52
  • Round size: Seed $464k–$2.7M; Series A $1.4M–$120M; Venture - Series Unknown $450k–$3.4M
  • Lead/follow: 19% lead, 81% follow

Portfolio highlights

  • Samansa — Samansa is a film production company that offers planning, production, and distribution of telefilms, dramas, and short series.
  • AndGAMER — AndGAMER is an eSports agency that develops custom controllers and gaming products for players.
  • TASIMOVF — Founder of Asimov Foundation. Investing in the future of AI & Crypto (a much more meaningful space than FX) prev. @xbox
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D4V
VC Fund · Minato, Chiba, Japan · 7 investments in Japan Payments startups, 7 in the past 12 months

D4V (Design for Ventures) is a Tokyo-based early-stage venture capital firm that invests in disruptive, consumer, and enterprise technology startups. Partnering with the global design company IDEO, D4V provides both hands-on assistance and coaching to help startups create value via human-centered customer experiences and interactions.

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Investment focus

  • Industry: Software, Financial Services, E-Commerce
  • Stage:Seed, Series A, Venture - Series Unknown
  • Geography: Japan, United States, Singapore

Investor stats

  • Total investments: 86
  • Round size: Seed $443k–$7M; Series A $1.2M–$10M; Venture - Series Unknown $292k–$14M
  • Lead/follow: 14% lead, 86% follow
  • Last fund: May invest from a new fund soon — raised $46M in 2018

Portfolio highlights

  • Sazo — Sazo specializes in constructing a global e-commerce and logistics network with AI.
  • Dioseve — Dioseve is providing novel possibilities for all life.
  • Genba Hub — Genba Hub specializes in providing business management systems for construction and maintenance enterprises.
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Incubate Fund
VC Fund · Tokyo, Tokyo, Japan · 7 investments in Japan Payments startups

Incubate Fund is an independent early-stage venture capital that specializes in providing capital to technology startups at the seed stage. The firm built a portfolio of over 300 companies in Asia, taking 12 companies to public and 20 companies to M&A exit since 2010.

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Investment focus

  • Industry: Software, Information Technology, Artificial Intelligence
  • Stage:Seed, Series A, Venture - Series Unknown
  • Geography: Japan, United States, India

Investor stats

  • Total investments: 395
  • Round size: Seed $288k–$7.1M; Series A $1.8M–$20M; Venture - Series Unknown $368k–$9.2M
  • Lead/follow: 32% lead, 68% follow
  • Last fund: Likely still investing — raised $127M in 2024

Portfolio highlights

  • Akari Hosho — Akari Hosho provides a group of trusted professionals, including lawyers and judicial scriveners. Akari Hosho provides a guarantee service.
  • Black Cat Carnival — Tell us about anything development-related. Our founder, who launched Niconico Live, SUGAR and GANMA! from scratch, helps with planning, design, development and operations.
  • Carbon CryoCapture — Carbon CryoCapture specializes in the carbon dioxide separation systems aimed at creating economically viable, energy-efficient, and genuinely sustainable CO2 separation and recovery technologies. The company is dedicated to deploying cost-effective, efficient systems for CO2 capture that integrate smoothly with current infrastructures, all whileenhancing energy consumption and production. This enables clients to attain zero emissions throughout the development and application of resources.
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JAFCO
VC Fund · Tokyo, Tokyo, Japan · 7 investments in Japan Payments startups

Since its founding in 1973, JAFCO has always worked with leading-edge entrepreneurs. The total capital commitments of its investment funds in Japan and overseas have exceeded 1 trillion yen and the number of portfolio IPOs to date has reached over 1,000. In addition to venture investment, JAFCO also carries out buyout investment and commit to the creations of innovative technologies and services worldwide. As entrepreneurs’ closest partner in bringing their visions to life, JAFCO provides support in areas of HR, marketing/ sales, and back-office operations, in addition to providing financing.

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Investment focus

  • Industry: Information Technology, Software, Artificial Intelligence
  • Stage:Series A, Series B, Venture - Series Unknown
  • Geography: Japan, United States, India

Investor stats

  • Total investments: 370
  • Round size: Series A $2.1M–$41M; Series B $4.2M–$36M; Venture - Series Unknown $1.4M–$13M
  • Lead/follow: 35% lead, 65% follow
  • Last fund: May invest from a new fund soon — raised $567M in 2019

Portfolio highlights

  • CaTe — CaTe is based in Tokyo. CaTe develops and manufactures a Digital Therapeutic (DTx) for remote cardiac rehabilitation. Their invention allows heart disease patients to safely and successfully complete cardiac rehabilitation utilizing standing exercise in a confined space, such as at home, without the use of ergometers or similar instruments.
  • ADiXi — Adixi is a tech-driven business that supports the idea that people and technology may work together. It strives to open doors by utilizing cutting-edge technology, such as artificial intelligence, to promote long-term, sustainable corporate and societal progress.
  • Alxtal — Alxtal is a tech company who optimize the development, design, and manufacturing processes of the manufacturing industry with IT and AI.
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Kotaro Chiba
Angel · Tokyo, Tokyo, Japan · 7 investments in Japan Payments startups

Kotaro Chiba is the founder of ChibaDojo Fund. Kotaro Chiba attended Keio University.

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Investment focus

  • Industry: Information Technology, Content, Software
  • Stage:Seed, Venture - Series Unknown, Series A
  • Geography: Japan, United States

Investor stats

  • Total investments: 78
  • Round size: Seed $215k–$18M; Series A $841k–$14M; Venture - Series Unknown $947k–$11M
  • Lead/follow: 9% lead, 91% follow

Portfolio highlights

  • MI-6 — MI-6 is a research, development, consulting, and project management for material development using IT. We will promote materials informatics in the field of material development with our technological capabilities and a wealth of project knowledge that challenge the world's most advanced technologies .
  • ELESTYLE — ELESTYLE are promoting mobile payments and providing high value-added services for users to realize a cashless society.
  • Luup — Luup is Japan's #1 e-scooter and e-bike sharing service provider. Luup currently operates in Tokyo, Osaka, Kyoto, and Yokohama, while planning to expand to other cities all over Japan. The service is based on a high-density port network, where anyone can rent and return to their original fleets.
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Global Brain Corporation
VC Fund · Tokyo, Tokyo, Japan · 6 investments in Japan Payments startups

Global Brain Corporation is a venture capital firm that invests in companies from seed or early to pre-IPO startups. Global Brain has invested in 300+ startups from seed/early to pre-IPO startups and achieved 25 IPOs and 61 M&As as a result of providing hands-on support services and resources to its portfolio startups. Global Brain has managed a pure investment fund as well as multiple corporate venture capital funds partnered together with tier 1 public companies of telecom, real estate development, financial service, beverages, agriculture food, logistics, and electronic devices.

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Investment focus

  • Industry: Software, Artificial Intelligence, Information Technology
  • Stage:Series A, Series B, Venture - Series Unknown
  • Geography: Japan, United States, United Kingdom

Investor stats

  • Total investments: 834
  • Round size: Series A $1.9M–$31M; Series B $3.4M–$48M; Venture - Series Unknown $602k–$10M
  • Lead/follow: 30% lead, 70% follow
  • Last fund: Likely actively investing — fresh fund, raised $65M in 2025

Portfolio highlights

  • Josys — Stop letting runaway SaaS costs & unsecured SaaS access ruin your day. Josys is the only SaaS Management Platform that provides true 360-degree control.
  • Essen — Essen is a technological company that specializes in mobility and data analysis, as well as using data to improve transportation.
  • Deeping Source — Real-time Video Analytics based on Data Anonymization. High-accuracy computer vision for large-scale spaces: hypermarkets, shopping malls, convention centers, hospitals, logistics warehouses, construction sites, etc.
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Eric Di Benedetto
Angel · San Francisco, California, United States · 5 investments in Japan Payments startups

Private investor at the crossroads of finance & technology: seed, private & public, hedge and other alternatives. Over 30 IPOs and M&A exits in excess of $13 billion in aggregate value...Professional investor in software start-ups for over 25 years, first as a VC, then as a professional angel investor. Specialties include technologyinnovation in financial services, AI and mobile services. Most recent primary focus: disruptive financial technologies with massive impact. Original investor in Lending Club - the world's largest P2P lending marketplace -, Clairmail, now Monitise - the world's leader in mobile banking and mobile money -, Signio, now PayPal - the world's leader in online and mobile payments -, Sentient Technologies - a company seeking to solve the world’s most complex problems through massively scaled artificial intelligence -, etc.Currently, investor in such companies as: Alpaca, Aromyx, Coursekey, Fuzzy, GoShare, GraphWear, Jyve, LeadCrunch, PeerIQ, QMerit, Sentient, Siftery...Please have your project referred and strongly supported by one of my LinkedIn network connections for consideration.

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Investment focus

  • Industry: FinTech, Internet, Developer APIs
  • Stage:Seed, Series A
  • Geography: United States, Japan

Investor stats

  • Total investments: 9
  • Round size: Seed $1.8M–$4M; Series A $5.7M–$6M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • GoShare — Moving, hauling, and delivery help is just a tap away with GoShare's easy app. Get a truck or cargo van in less than an hour.
  • Alpaca — Alpaca API allows developers and businesses to build apps, embed investing, and trade algorithms
  • AlpacaJapan — Alpaca is a technology company developing financial system platforms powered by the collaboration of AI and people.
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DNX Ventures
VC Fund · San Mateo, California, United States · 5 investments in Japan Payments startups

DNX Ventues is an early stage VC firm focusing on B2B Startups that are shaping industries and transforming the way we live and work.

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Investment focus

  • Industry: Software, Information Technology, Artificial Intelligence
  • Stage:Seed, Series A, Series B
  • Geography: Japan, United States, Canada

Investor stats

  • Total investments: 395
  • Round size: Seed $482k–$11M; Series A $2.2M–$25M; Series B $2.7M–$38M
  • Lead/follow: 29% lead, 71% follow
  • Last fund: Likely actively investing — fresh fund, raised $20M in 2026

Portfolio highlights

  • Hibot — Hibot offers robotic platforms, and related hardware and software solutions. The company offers robots for hazardous operations as well as for maintenance and inspection of infrastructure, search, and rescue missions. The company was founded in 2004 and is based in Tokyo, Japan.
  • Kauli — Kauli is an Online Ad Network Management System pioneered in Japan. Kauli supports Real Time Bidding. This service allows advertisers to place bids for their ads in real time and according to users' characteristics.Kauli frequently reviews Ad Networks so that the Ad Network with the best expected ad revenue will be selected. As aresult, every ad frame always has the best expected ad revenue.
  • FLUX — FLUX provide “FLUX Header Bidding Solution” that creates fair competition opportunities and significantly increases advertising revenue within the header bidding server, ad requests are sent to SSPs and ad exchanges all at once, so it is possible to have a pure price competition without prioritization, and to determine the highest bid amount andvalue of the advertising space. I can. Then, the price of the highest bid ad in the header bidding and the ad set in the ad server are competed, and the ad with the higher bid is delivered.
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Access 48,091 investors

822 industries, 177 countries. Updated daily. Emails and phones included.

Browse database — It's Free!
Coral Capital
VC Fund · Tokyo, Tokyo, Japan · 4 investments in Japan Payments startups, 12 in the past 12 months

Coral Capital is a seed stage venture capital firm in Japan.

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Investment focus

  • Industry: Software, Information Technology, SaaS
  • Stage:Seed, Series A, Series B
  • Geography: Japan, United States, Denmark

Investor stats

  • Total investments: 111
  • Round size: Seed $468k–$8.5M; Series A $3.2M–$41M; Series B $7.6M–$184M
  • Lead/follow: 29% lead, 71% follow
  • Last fund: Likely actively investing — fresh fund, raised $6M in 2026

Portfolio highlights

  • Facilo — Facilo is a real estate communication provider that uses cloud computing to enhance sales and ease transactions of real estate brokerage.
  • Albert Invent — 1000’s of scientists, technicians, and engineers across 30+ countries rely on Albert’s end-to-end Cloud Platform to accelerate the innovation of new materials. With Albert, R&D organizations get the data insights and tools needed to increase speed to market, automate regulatory compliance, and heighten the impact of new products.Built fromthe ground up for the chemical and material science industry, the Albert Platform connects R&D processes and creates a single data source of truth across the R&D organization. Augmented with AI, machine learning and a comprehensive materials database, key platform functionality includes inventory, worksheets, workflows, tasks, and more. www.albertinvent.com
  • DeltaForesight — DeltaForesight is a business that creates B2B services and goods with a focus on stablecoins and cryptocurrencies. In order to develop solutions that may be applied in Japan, it emphasizes bridging laws, business practices, and technological advancements.
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NEC Capital Solutions
VC Fund · Tokyo, Tokyo, Japan · 4 investments in Japan Payments startups

NEC Capital Solutions Limited provides financial services in Japan. It's Main Business is Leasing for Information and Communication Equipment, Office Equipment, Industrial Equipment and Installment Sales, Business Loans, Factoring Services, Business Outsourcing and Sales of Used Equipment.

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Investment focus

  • Industry: Manufacturing, Internet, Information Technology
  • Stage:Venture - Series Unknown, Series B, Series A
  • Geography: Japan, United States, Tanzania

Investor stats

  • Total investments: 57
  • Round size: Series A $1.3M–$142M; Series B $452k–$184M; Venture - Series Unknown $543k–$16M
  • Lead/follow: 12% lead, 88% follow
  • Last fund: May invest from a new fund soon — last raise in 2018

Portfolio highlights

  • GITAI — GITAI is the world’s leading space robotics startup, aiming to provide safe and affordable means of labor in space and reduce operational costs by 100 times. GITAI is developing highly capable, safe, and reliable robots to help build and maintain satellites, space stations, lunar bases, and cities on Mars.
  • Luup — Luup is Japan's #1 e-scooter and e-bike sharing service provider. Luup currently operates in Tokyo, Osaka, Kyoto, and Yokohama, while planning to expand to other cities all over Japan. The service is based on a high-density port network, where anyone can rent and return to their original fleets.
  • Idea Record — Idea Records provided various business support solutions since its founding as a company promoting digital transformation in the restaurant industry. Among them, the SaaS platform GATE, released in 2018, has many functions that are particularly suited to the needs of restaurants, and is being introduced in many stores.
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Archetype Ventures
VC Fund · Tokyo, Tokyo, Japan · 4 investments in Japan Payments startups, 17 in the past 12 months

Archetype Ventures is a venture capital firm specializing in B2B Tech seed and early stage venture investments.

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Investment focus

  • Industry: Software, Artificial Intelligence, Information Technology
  • Stage:Seed, Series A, Series B
  • Geography: Japan, United States

Investor stats

  • Total investments: 131
  • Round size: Seed $605k–$6.8M; Series A $1.2M–$32M; Series B $1.7M–$13M
  • Lead/follow: 17% lead, 83% follow
  • Last fund: May invest from a new fund soon — raised $60M in 2018

Portfolio highlights

  • Nocall — Nocall develops an automated calling system utilizing AI voice technology.
  • Voxela, Inc. — Voxels is an AI powered platform on a mission to reinvent caregiving by making incident detection intelligent and actionable.
  • Bulwark Dynamics — Bulwark Dynamics develops autonomous maritime systems for contested logistics and distributed military operations. Its CARAVEL platform is an autonomous beach-landing resupply vessel that delivers cargo from ship to shore without requiring port infrastructure. The vessel supports JMIC and ISO containers, autonomous cargo handling, GPS-deniednavigation, and operations in shallow or degraded maritime conditions. The company also develops vessel autonomy, command-and-control, hull production, payload integration, and sustainment capabilities for defense and maritime logistics applications.
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SBI Investment
VC Fund · Minato, Chiba, Japan · 4 investments in Japan Payments startups

SBI Investment supports the business development and growth of private venture companies through fund investment. It manages and manages venture capital funds under the management philosophy of becoming a leading company responsible for the creation and development of core industries in the 21st century as a "new industry creator". SBI Investment has invested in a total of 986 companies in the past, of which 169 (17.1% of investment companies) have exited through IPO or M & A.

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Investment focus

  • Industry: Software, Information Technology, Financial Services
  • Stage:Series B, Series A, Venture - Series Unknown
  • Geography: Japan, United States, South Korea

Investor stats

  • Total investments: 456
  • Round size: Series A $1.9M–$28M; Series B $4.5M–$62M; Venture - Series Unknown $1.3M–$20M
  • Lead/follow: 27% lead, 73% follow
  • Last fund: May invest from a new fund soon — raised $77M in 2020

Portfolio highlights

  • LQUOM — QWAVE offers cryptography communication technology.
  • Alxtal — Alxtal is a tech company who optimize the development, design, and manufacturing processes of the manufacturing industry with IT and AI.
  • Zerodoor HD — Zerodoor HD specializes in digital transformation in constructing industry.
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Arbor Ventures
VC Fund · Singapore, Central Region, Singapore · 4 investments in Japan Payments startups

Arbor Ventures is a visionary fintech-focused VC, partnering with innovators to shape a smarter future.

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Investment focus

  • Industry: FinTech, Financial Services, Finance
  • Stage:Series A, Series B, Series C
  • Geography: United States, Singapore, Japan

Investor stats

  • Total investments: 83
  • Round size: Series A $5M–$110M; Series B $12M–$70M; Series C $2.6M–$150M
  • Lead/follow: 29% lead, 71% follow
  • Last fund: Likely still investing — raised $7.8M in 2024

Portfolio highlights

  • AppliedAI — AppliedAI is an Abu Dhabi technology company building AI-native workflow systems for banking, fintech, insurance, and healthcare. Its platform, Opus, automates and supervises mission-critical, document-heavy processes with embedded governance and human oversight.
  • Tabby — Tabby is the money app that lets you buy now and pay later, send and receive money, earn cashback and save.
  • Stitch — Build and launch loans, cards, wallets, deposits, and payments on one operating system. Trusted by leading banks and fintechs worldwide.
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ANRI
VC Fund · Tokyo, Tokyo, Japan · 4 investments in Japan Payments startups

ANRI is a Japanese venture capital firm that mainly invests in seed and early-stage startups.

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Investment focus

  • Industry: Software, Health Care, Information Technology
  • Stage:Seed, Series A, Venture - Series Unknown
  • Geography: Japan, United States, Indonesia

Investor stats

  • Total investments: 315
  • Round size: Seed $268k–$9.9M; Series A $967k–$41M; Venture - Series Unknown $616k–$9.1M
  • Lead/follow: 24% lead, 76% follow
  • Last fund: Likely still investing — raised $102M in 2022

Portfolio highlights

  • Any Style — Any Style develops a messaging app from voice actors that regularly sends messages via subscription. It also engages in the planning and production of audio content and the VTuber production business.
  • Arrowsmith — Arrowsmith is committed to unlocking the full potential of bacteriophages to revolutionize the treatment of bacterial infectious diseases. Through transformative science, Arrowsmith strive to create a world free from the pain and fear caused by antimicrobial resistance.
  • Typewriter Therapeutics — Typewriter Therapeutics, Inc. develops mRNA-based gene therapies using a gene writing, or gene writing, platform for precise insertion of therapeutic genes into the genome. The company builds on transposon-based technologies originating from research by Professor Emeritus Haruhiko Fujiwara at the University of Tokyo. Its programs focus on all‑RNA,nonviral gene writing systems that repurpose natural genetic elements to address severe genetic disorders with limited treatment options. Typewriter Therapeutics conducts research and development across its U.S. and Japan operations and collaborates with investors and partners to advance genetic medicine candidates toward the clinic.
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Monex Ventures
VC Fund · Minato, Chiba, Japan · 4 investments in Japan Payments startups

Monex Ventures is a venture capital firm based in Japan that finances seed and early stage investments in startup companies.

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Investment focus

  • Industry: Software, Financial Services, FinTech
  • Stage:Seed, Series A, Venture - Series Unknown
  • Geography: Japan, United States, China

Investor stats

  • Total investments: 99
  • Round size: Seed $372k–$2.9M; Series A $1M–$17M; Venture - Series Unknown $473k–$2.5M
  • Lead/follow: 12% lead, 88% follow
  • Last fund: May invest from a new fund soon — last raise in 2018

Portfolio highlights

  • HEAL-lll — HEAL-lll is a multifaceted firm that merges healthcare, technology, and gamification to promote individual and organizational well-being.
  • Pale Blue — Water propulsion systems for sustainable space development
  • Rise — Rise is a credit-led platform that enables underserved consumers to access installment-based purchasing power.
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Kazuma Ieiri
Angel · Tokyo, Tokyo, Japan · 3 investments in Japan Payments startups

Born in 1978 and raised in Fukuoka prefecture, Kazuma founded paperboy&co. inc. (currently GMO Pepabo) and went on to become the youngest CEO ever (at the time) to take a company public in Japan by taking paperboy&co. public on the JASDAQ Japanese stock exchange. After leaving paperboy&co, he continued his startup trail by foundingBASE, CAMPFIRE, and XIMERA. Kazuma also dabbled in the food services industry via the founding of On The Corner (a cafe) and is active in the startup investment scene. He also started the Liverty-house project which attempts to create shared housing for young people in need.

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Investment focus

  • Industry: Content, Fashion, Finance
  • Stage:Seed, Angel, Venture - Series Unknown
  • Geography: Japan

Investor stats

  • Total investments: 22
  • Round size: Seed $380k–$28M; Angel $64k–$474k; Venture - Series Unknown $19k–$363k
  • Lead/follow: 9% lead, 91% follow

Portfolio highlights

  • Taliki — Taliki is a Coworking Space Operates Social Entrepreneurs Development Support for Intrepreneur Development.
  • One Nova — One Nova is a lifestyle brand and online platform that offers a range of innerwear products, such as men's boxers.
  • Vivid Garden — vivid garden is an Agriculture company.
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Genesia Ventures
VC Fund · Tokyo, Tokyo, Japan · 3 investments in Japan Payments startups

Genesia Ventures is a venture capital firm focused on seed/early stage startups in Japan and Southeast Asia. Since it's inception in Dec 2016, Genesia Ventures has invested in over 90 companies in Japan, Indonesia, Vietnam, Singapore and the US. Genesia Ventures invests in various sectors: SaaS, marketplace, Media, Finance, Insurance, RealEstate, Healthcare, Medical, Travel, Education, Manufacturing, Construction, HR, Agriculture, Sports, Retail, Entertainment, etc.

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Investment focus

  • Industry: Information Technology, Software, Artificial Intelligence
  • Stage:Seed, Series A, Venture - Series Unknown
  • Geography: Japan, Vietnam, Indonesia

Investor stats

  • Total investments: 241
  • Round size: Seed $462k–$5.7M; Series A $1.2M–$11M; Venture - Series Unknown $404k–$2.1M
  • Lead/follow: 43% lead, 57% follow
  • Last fund: Likely still investing — raised $110M in 2022

Portfolio highlights

  • THE PHAGE — The phage is a medical device company that focuses on developing AI technology to predict postprandial blood glucose levels.
  • AI Mage — AI Mage is an IT company that provides AI solutions for anime production business industries.
  • Umami United — Umami United is a plant-based food brand with unique focus on Japanese food technologies and traditional ingredients to make delicious and healthy food to unite people at one table. The wide lineups are designed to be vegan-friendly, buddhist friendly, and halal friendly for all.
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Sony Innovation Fund
VC Fund · Tokyo, Tokyo, Japan · 3 investments in Japan Payments startups, 18 in the past 12 months

Sony Innovation Fund is investing in technology-driven transformational companies shaping the future of business, entertainment and society.

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Investment focus

  • Industry: Artificial Intelligence, Software, Health Care
  • Stage:Series A, Series B, Venture - Series Unknown
  • Geography: United States, Japan, United Kingdom

Investor stats

  • Total investments: 223
  • Round size: Series A $1.9M–$25M; Series B $6.9M–$52M; Venture - Series Unknown $1.5M–$40M
  • Lead/follow: 18% lead, 82% follow
  • Last fund: Likely actively investing — fund raised in 2026

Portfolio highlights

  • QNu Labs — QNu Labs is the first and only Indian company to develop Quantum cyber-security products using Quantum Key Distribution (QKD) Technology. QKD solves the problem of key distribution by allowing the exchange of a cryptographic key between two remote parties with unconditional security over a quantum channel.
  • ElleThermo — elleThermo aims to implement Semiconductor-Sensitised Thermal Cells (STCs), an energy conversion technology that can generate electricity from unused waste heat above room temperature.
  • Primitive Labs — Our mission is to make human behavior a first-class primitive of software development.
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Sumitomo Mitsui Banking Corporation
VC Fund · Tokyo, Tokyo, Japan · 3 investments in Japan Payments startups, 70 in the past 12 months

Sumitomo Mitsui Banking Corporation offers a broad range of financial services centered on banking. They are also engaged in leasing, securities, credit card, investment, mortgage securitization, venture capital, and other credit-related businesses. The following lists the activities of SMBC, its subsidiaries, and affiliates in the various business segments. It is a wholly-owned subsidiary of Sumitomo Mitsui Financial Group. As of the year 2009, SMBC was the second largest bank in Japan in terms of assets.

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Investment focus

  • Industry: Energy, Financial Services, Renewable Energy
  • Stage:Debt Financing, Post-IPO Debt, Venture - Series Unknown
  • Geography: Japan, United States, India

Investor stats

  • Total investments: 331
  • Round size: Post-IPO Debt $93M–$3B; Debt Financing $3.4M–$1.3B; Venture - Series Unknown $1M–$54M
  • Lead/follow: 23% lead, 77% follow

Portfolio highlights

  • Facilo — Facilo is a real estate communication provider that uses cloud computing to enhance sales and ease transactions of real estate brokerage.
  • GX MINERALS — GX MINERALS develops, manufactures, and markets high-performance fillers that promote decarbonization.
  • Crux AI — Crux AI is a integrated AI infrastructure firm founded to overcome the physical and operational limits on meaningful AI goals.
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AG Capital
VC Fund · Shiba, Tokyo, Japan · 3 investments in Japan Payments startups

AG Capital is an investment firm that provides investment and property management solutions for middle-size businesses. The company was founded on December 12, 1985 and its headquarters are located in Minato-ku, Tokyo.

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Investment focus

  • Industry: Finance, Software, Internet
  • Stage:Venture - Series Unknown, Series A, Seed
  • Geography: Japan

Investor stats

  • Total investments: 56
  • Round size: Seed $462k–$28M; Series A $921k–$4.1M; Venture - Series Unknown $547k–$9.6M
  • Lead/follow: 2% lead, 98% follow

Portfolio highlights

  • Mento — UGOKU is a provider of management of personal coaching service.
  • KAUCHE — KAUCHE is a discovery-based e-commerce model where friends and family can “discover” and purchase daily sale items together. They provide services for online retail shops. KAUCHE is committed in creating an exciting shopping experience for both customers and partners who want to sell products.
  • Unito — Unito is a hospitality firm that offers lodging and accommodation facilities.
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XTech Ventures
VC Fund · Tokyo, Tokyo, Japan · 3 investments in Japan Payments startups

XTech Ventures aims to achieve dramatic growth for investee companies by supporting entrepreneurship, multifaceted management support, and IPO support for the excellent middle class who are enthusiastic about entrepreneurship.

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Investment focus

  • Industry: Software, Information Technology, Artificial Intelligence
  • Stage:Seed, Series A, Venture - Series Unknown
  • Geography: Japan, Italy, United Arab Emirates

Investor stats

  • Total investments: 119
  • Round size: Seed $480k–$3.7M; Series A $1.1M–$7.8M; Venture - Series Unknown $549k–$11M
  • Lead/follow: 37% lead, 63% follow
  • Last fund: May invest from a new fund soon — raised $27M in 2018

Portfolio highlights

  • Yondemy — Yondemy is an online platform for children reading books.
  • Yokohama Vanilla — Yokohama Vanilla is a Company which operates Yokohama-based gift sweets brand.
  • Zeal Boxing Fitness — Zeal Boxing Fitness combines power of sports with the power of technology to provide a service that allows to enjoy fitness.
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Nissay Capital
VC Fund · Tokyo, Tokyo, Japan · 3 investments in Japan Payments startups

Nissay Capital is a venture capital Company specializing in seed, start-up, growth capital, middle stage, and later stage investment.

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Investment focus

  • Industry: Health Care, Software, Medical
  • Stage:Venture - Series Unknown, Seed, Series A
  • Geography: Japan, United States, Ethiopia

Investor stats

  • Total investments: 327
  • Round size: Seed $455k–$9.6M; Series A $1.2M–$12M; Venture - Series Unknown $899k–$7M
  • Lead/follow: 29% lead, 71% follow
  • Last fund: May invest from a new fund soon — raised $92M in 2019

Portfolio highlights

  • Indent — Indent creates products that help writers create original works such as novels, manga, screenplays, and game scenarios. They will work to create an environment in which artists can focus on their creations and enjoy sharing their work.
  • Spectronix — Spectronics is a development of new technologies and new applications to bring about innovation, focusing on the future of laser technology.
  • Zeal Boxing Fitness — Zeal Boxing Fitness combines power of sports with the power of technology to provide a service that allows to enjoy fitness.
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Mitsubishi UFJ Capital
VC Fund · Tokyo, Tokyo, Japan · 3 investments in Japan Payments startups

Mitsubishi UFJ Capital is a venture capital firm focusing on life science, ICT, and high technology investments.

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Investment focus

  • Industry: Software, Information Technology, Manufacturing
  • Stage:Series A, Venture - Series Unknown, Seed
  • Geography: Japan, United States, Israel

Investor stats

  • Total investments: 689
  • Round size: Seed $470k–$16M; Series A $1.2M–$21M; Venture - Series Unknown $525k–$11M
  • Lead/follow: 10% lead, 90% follow
  • Last fund: May invest from a new fund soon — raised $94M in 2020

Portfolio highlights

  • Smart Craft —
  • Luxna Biotech — Luxana Biotech is a biotechnology firm dedicated to promoting the practical use of safe and effective nucleic acid therapies. Utilizing nucleic acid chemistry technology, the company strives to provide nucleic acid medicines to patients suffering from diseases that currently lack effective treatments.
  • Link Therapeutics — Link Therapeutics specializes in developing therapeutic methods for targeting autoantibodies and identifying pathogenic autoantibodies.
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Oyster Ventures
VC Fund · San Francisco, California, United States · 3 investments in Japan Payments startups

Capital for extraordinary founders.

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Investment focus

  • Industry: FinTech, Software, Financial Services
  • Stage:Seed, Series A, Venture - Series Unknown
  • Geography: United States, Hong Kong, Singapore

Investor stats

  • Total investments: 77
  • Round size: Seed $150k–$4.2M; Series A $4M–$45M; Venture - Series Unknown $1.1M–$101M
  • Lead/follow: 5% lead, 95% follow
  • Last fund: Likely still investing — raised $4.4M in 2022

Portfolio highlights

  • Sogni AI — Unleash creativity with the Sogni Supernet: a purpose-built DePIN protocol for Creative AI. Empowering Creative AI apps with unmatched speed and scale.
  • Ridepanda — Employer sponsored leases on the widest selection of pedal bikes, e-bikes and e-scooters from top brands.
  • New Social Theory — New Social Theory is a FinTech company focused on empowering the creator economy. We believe that the future of content and commerce lies in fostering deeper connections between creators and their passionate fan bases.
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ANOBAKA
VC Fund · Shibuya, Kanagawa, Japan · 3 investments in Japan Payments startups, 13 in the past 12 months

ANOBAKA is a Tokyo-based venture capital firm with rich group resources to add value to seed-stage startups. ANOBAKA actively invests in and supports startups aiming to be a global leader in the innovative Internet business and promising to greatly grow up in the future. ANOBAKA's investment focuses on fledgling seed-stage startups. In addition to investment financing, ANOBAKA provides founders with a variety of business support such as development consulting by our engineers, sales support, and international marketing support.

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Investment focus

  • Industry: Artificial Intelligence, Software, Information Technology
  • Stage:Seed, Venture - Series Unknown, Series A
  • Geography: Japan, United States, India

Investor stats

  • Total investments: 180
  • Round size: Seed $283k–$1.9M; Series A $944k–$10M; Venture - Series Unknown $389k–$2.8M
  • Lead/follow: 24% lead, 76% follow
  • Last fund: May invest from a new fund soon — raised $31M in 2018

Portfolio highlights

  • IGU — IGU is a professional team dedicated to designing, refining, and delivering exceptional entertainment experiences. With a strong focus on creativity, quality, and innovation, IGU brings together talented professionals who transform ideas into engaging and memorable experiences.
  • GEMBA — GEMBA develops on-site improvement DX services specialising in the manufacturing industry.
  • NexusAdvisors — NexusAdvisors operates AvaCareer, an AI-powered recruitment platform that leverages intelligent AI agents to support both companies and job seekers by streamlining hiring processes, enhancing candidate matching, and improving recruitment efficiency.
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Shintaro Yamada
Angel · Tokyo, Tokyo, Japan · 3 investments in Japan Payments startups

During his years at Waseda University, Shintaro worked at Japan’s biggest e-commerce mall, Rakuten, Inc. On August 1st 2001, Shintaro established “Unoh Inc.” after graduating university. At Unoh he was responsible for designing and developing several web services, one of which was the online magazine subscription . Services provided by Unohinclude planning, development and management of the film enthusiast community site “Movie Life” (acquired by PIA Corporation) as well as “Sugu.CC” , “NeoAd” (both acquired by GMOAP) and the photo sharing site “Photozou” (acquired by Digital Garage).In 2009 Unoh entered into social gaming, creating multiple successful social games. Among these games, “Machitsuku!” has been its biggest hit with over 5 million users. On August 3rd 2010, Unoh joined Zynga and Shintaro became General Manager of Zynga Japan. He resigned on January 2012. After traveling around the world, He established the new company “Mercari, Inc.” on February 2013 and released the resale shopping app “Mercari” on July 2013 in Japan.He is a true Internet geek, spending a lot of time on the Internet and boasts around 180,000 followers on Twitter.

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Investment focus

  • Industry: Internet, Finance, Content
  • Stage:Seed, Angel, Pre-Seed
  • Geography: Japan, United States, Kenya

Investor stats

  • Total investments: 18
  • Round size: Seed $251k–$5M; Angel $320k–$3.7M; Pre-Seed $277k–$510k
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • AssetHub — Turn a concept image into editable 3D parts with AI agents for generation, assembly and review. Work with AssetHub to build a production workflow for your team.
  • Peach Cars — Buy or sell your car in Nairobi-Kenya with ease. Browse a wide range of vehicles, connect with trusted sellers, and find the perfect car today. Simple, fast, and secure transactions.
  • AnotherBall — AnotherBall is a blockchain startup that combines entertainment and blockchain.
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Saison Capital
VC Fund · Singapore, Central Region, Singapore · 3 investments in Japan Payments startups

They invest in Seed to Series A companies across emerging markets. Although they have a sector agnostic fund mandate, they particularly like to work with founders that are building ecosystems with the potential to distribute financial services to the unbanked.

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Investment focus

  • Industry: Financial Services, FinTech, Information Technology
  • Stage:Seed, Series A, Pre-Seed
  • Geography: India, Singapore, Indonesia

Investor stats

  • Total investments: 112
  • Round size: Seed $1.8M–$8.4M; Pre-Seed $1.5M–$6M; Series A $3.4M–$33M
  • Lead/follow: 14% lead, 86% follow
  • Last fund: May invest from a new fund soon — raised $55M in 2019

Portfolio highlights

  • Mylapay — Mylapay, a rising fintech startup, was established in 2019 and incorporates as 'Mindeed Technologies and Services Pvt Ltd' by a dynamic team of co-founders (Ex Hitachi and Worldline) who bring over 50 years of collective experience in the payment domain. Mylapay has been officially registered with the DIPP under the Startup Indiainitiative, signifying its commitment to pioneering financial technology solutions. We specialize in payment enablement, crafting cutting-edge payment solutions to simplify the complete card payment cycle. Mylapay aimed at redefining the payment processing experience with its core product line up; (3DS-Authentication: The linchpin of online commerce, turning payment security into an art form), (Authorization Switch: Your go-to solution for speed and security, ensuring high success rates with fast and safe approvals), (IntelleEngine-Transaction Processing System: An all-in-one platform that manages the post authorization transaction processing end-to-end) Our aim is to transform Mylapay into a holistic tech ecosystem for all your acquiring payment processing needs. We offer cloud-based solutions that equip Payment Aggregators and Banks across the globe with complete payment processing capabilities. With us, you get a one-stop-shop for all your payment solutions, making transaction experiences smoother than ever!
  • Pagaleve — pagaleve offers payment in installments at PIX, with no interest and no credit card required. They provide merchants with a new payment method in order to increase their sales in a simple, uncomplicated, and agile manner, but they also want to provide people with the opportunity to buy what they want without committing to the card'shigh-interest rates and credit.
  • AIsa — AIsa is the capability layer for the Agentic Economy. Everything AI agents need to reason, act, and transact. Pay per call.
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Kobe University Capital
VC Fund · Kobe, Kyoto, Japan · 2 investments in Japan Payments startups

Kobe University Capital is create new indstry academia cllabration and technology transfer models.

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Investment focus

  • Industry: Medical, Sales, Health Care
  • Stage:Series A, Series B, Seed
  • Geography: Japan

Investor stats

  • Total investments: 10
  • Round size: Seed $7.1M–$21M; Series A $644k–$170M; Series B $5.7M–$7.8M
  • Lead/follow: 30% lead, 70% follow

Portfolio highlights

  • TelaAxon — TelaAxon develops artificial intelligence technology for sustainable operations, enhancing human-AI coexistence, safety, and wellness.
  • SecureNavi — SecureNavi offers automation tools for the information security management system. It reduces conventional analogue operations using excel and word. For inquiries, telephone numbers and physical addresses are available on their website.
  • Link Therapeutics — Link Therapeutics specializes in developing therapeutic methods for targeting autoantibodies and identifying pathogenic autoantibodies.
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GMO VenturePartners
VC Fund · Tokyo, Tokyo, Japan · 2 investments in Japan Payments startups

An investment that restructures the value and quality.Supplying big capital is not an essential value of our firm.We have a strong attitude to input and drive critical thinking behind a new startup.After the problem is clarified and solution become established in the world,people could not imagine the society without that solution.An investment that innovates this world.We will become a real partner to execute the strategy together.INVENTION OF THE ESSENCE ----we will keep on doing it.

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Investment focus

  • Industry: Financial Services, FinTech, Software
  • Stage:Seed, Series A, Series B
  • Geography: Japan, United States, India

Investor stats

  • Total investments: 163
  • Round size: Seed $1.3M–$71M; Series A $1.5M–$41M; Series B $5.2M–$170M
  • Lead/follow: 9% lead, 91% follow
  • Last fund: May invest from a new fund soon — raised $415M in 2018

Portfolio highlights

  • Balus — Balus provides motion capture, Unity systems, and AR live permanent venues.The company provides character content infrastructure using real-time animation, we also support the production of original content. Balus provides the necessary technology for event planning, casting, VR events, recording and creation of production images, real-timemotion capture during live events, real-time transmission, event management, and systems that allow users to participate in the production.
  • Aperza — Aperza's mission is to contribute to redesigning the manufacturing industry by eliminating three barriers in the industry which are the barrier of information, transaction and communication which most of companies and people often face in this industry.Manufacturing industry is Japanese core industry. We would like to contribute to therebirth of this industry by those activities such as supporting those companies who challenges the global market and supporting those start-ups who tries brand-new industry trend such as Industry 4.0, smart factory or IoT. We believe that this lead to the increase of the people in this industry, and the growth of the industry eventually.
  • Monochrome — Monochrome is creating a home operating system in order to power the next generation of energy-producing homes and roofs. The company is based in Chuo Ward, Tokyo.
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Cherubic Ventures
VC Fund · Taipei, T'ai-pei, Taiwan · 2 investments in Japan Payments startups

Cherubic Ventures is an early stage focused venture capital firm based in Silicon Valley and Greater China.

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Investment focus

  • Industry: Software, Artificial Intelligence, E-Commerce
  • Stage:Seed, Series A, Angel
  • Geography: United States, China, Taiwan

Investor stats

  • Total investments: 168
  • Round size: Seed $1M–$8M; Angel $220k–$3M; Series A $2.5M–$27M
  • Lead/follow: 15% lead, 85% follow
  • Last fund: Likely still investing — raised $110M in 2022

Portfolio highlights

  • Wondera — Wondera is a developer of Web3-based social entertainment software designed to reward users for singing and other creative performances. The platform allows users to create personalized AI singers, participate in karaoke, record music, and contribute to the training of artificial intelligence models—all free of charge. By integrating user-generatedcontent with advanced AI technologies, Wondera enables individuals to express their creativity, develop their talents, and engage in an interactive, rewards-driven entertainment experience.
  • Tokenz — Tokenz is your all-in-one platform for global digital payments, cross-border tax compliance, and seamless payouts.
  • Lima Technology — Lima Technology is an insurance intermediary mobile marketing and office management platform. Lima Technology develops an intelligent hub in the insurance supply chain and delivers targeted solutions for insurance sales agencies. It provides innovative and reliable technical support for insurance sales organizations of different sizes, based oncloud computing and big data. It also integrates the mobile application services needed by the exhibition industry to enhance operation efficiency and develops an efficient self-service sales experience.Lima Technology promotes the transformation of insurance sales agencies to digitalization and intelligence, and maintains the vitality of development, through its intelligent business management platform.Lima Technology is headquartered in Beijing, China.
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Kyokuto Securities
VC Fund · Kayabacho, Tokyo, Japan · 2 investments in Japan Payments startups

Kyokuto Securities is a Japanese financial company focusing on securities dealing and securities brokerage.

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Investment focus

  • Industry: FinTech, InsurTech, Insurance
  • Stage:Seed, Series A
  • Geography: Japan

Investor stats

  • Total investments: 2
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Habitto — Habitto by SJ Mobile Labs is a new financial services venture focused on the Japanese market. The team and its advisors have a breadth of experience ranging from insurance, banking, e-commerce, adtech and ventures across five continents. This provides them with a unique approach to entering new markets and building valuable businesses.
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PKSHA SPARX Algorithm Fund
VC Fund · Tokyo, Tokyo, Japan · 2 investments in Japan Payments startups

PKSHA SPARX Algorithm Fund focuses on start-ups and projects that have machine intelligence, AI-related and robotics technology.

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Investment focus

  • Industry: Information Technology, Artificial Intelligence, Human Resources
  • Stage:Seed, Series A
  • Geography: Japan, China, United States

Investor stats

  • Total investments: 33
  • Round size: Seed $953k–$43M; Series A $3.9M–$142M
  • Lead/follow: 30% lead, 70% follow

Portfolio highlights

  • Knowns — Knowns offers consumer data analysis services.
  • Palplat — Palplat specializes in IT consulting and DX promotion utilizing as well as offers beauty counseling platform.
  • RoboTruck — RoboTruck develops autonomous driving technologies for huge trucks, as well as practical applications.
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Komura Fujio
Angel · 2 investments in Japan Payments startups

Komura Fujio

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Investment focus

  • Industry: Content, Ethereum, Marketing
  • Stage:Seed, Angel
  • Geography: Japan

Investor stats

  • Total investments: 2
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • Ginkan — GINKAN is the managing company of SynchroLife, the world's first restaurant recommendation platform where users and can earn cryptocurrency token rewards for dining out and posting restaurant reviews. GINKAN was selected for Plug and Play Japan Batch 1 in the fintech category and we won for best domestic fintech company and won the audienceaward at the Plug and Play Japan Batch 1 EXPO (Demo Day) in September 2018.GINKAN was also selected for Mitsubishi UFJ Financial Group’s MUFG Digital Accelerator’s Batch 4 and won the Grand Prix, Audience Award, and AWS Award in a triple win on their demo day on July 26, 2019.
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KDDI
VC Fund · Tokyo, Tokyo, Japan · 2 investments in Japan Payments startups

KDDI Corporation is a Japanese telecommunications operator. It was created in 2000 through a merger of DDI, KDD and IDO and now employs over 15,000 people.The company provides a broad range of services, including fixed-line phone communication, mobile phone and web services, and Internet services. It also has a ownership stake in two Japanesecable television companies, Jupiter Telecommunications (J:COM) and Japan Cablenet (JCN). KDDI's mobile phone and web arm is branded as "au". The company is the current No. 2 in Japan's mobile communications market, trailing NTT DoCoMo and ahead of SoftBank.

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Investment focus

  • Industry: Mobile, Software, Internet
  • Stage:Series A, Series B
  • Geography: Japan, United States, South Korea

Investor stats

  • Total investments: 92
  • Round size: Series A $8.5M–$950M; Series B $2.8M–$638M
  • Lead/follow: 32% lead, 68% follow
  • Last fund: May invest from a new fund soon — raised $2.8B in 2018

Portfolio highlights

  • Yuime — Yuime is an HR consulting firm that offers agricultural staffing, contract farming, and recruitment services.
  • RLWRLD — RLWRLD specializes in "Physical AI" by creating robotics foundation models (RFMs) designed to enable robots to function autonomously in real-world environments.
  • Bounce — Luggage Storage Near Me 24/7 - Store your baggage in 32,000+ worldwide locations. Bounce is the BEST luggage storage app for finding and booking left luggage & lockers near you!
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Mizuho Financial Group
VC Fund · Otemachi, Tokyo, Japan · 2 investments in Japan Payments startups

Mizuho Financial Group, Inc. is a bank holding company which manages and engages in ancillary operations related to the management of its legally–owned subsidiaries as defined by the Japanese Banking Act. Its activities include streamlining group management functions, creating synergies across various business fields and capabilities, andleveraging the defining strengths and characteristics of the Mizuho group.

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Investment focus

  • Industry: Financial Services, Finance, FinTech
  • Stage:Series A, Post-IPO Debt
  • Geography: Japan, United States, China

Investor stats

  • Total investments: 17
  • Lead/follow: no public data

Portfolio highlights

  • CoreWeave — CoreWeave provides flexible compute services and products to empower innovators. The company provides GPU accelerated compute solutions to the CGI and machine learning industries. Backed by quality hardware and systems management infrastructure, CoreWeave is built to help clients scale and adapt to evolving compute requirements at industry leadingeconomics.
  • Zap Energy — Zap Energy's fusion reactor stabilizes plasma using sheared flows rather than magnetic fields. Driving electric current through the flow creates the magnetic field, which confines and compresses the plasma. The higher the current, the greater the pressure and density in the plasma. Zap Energy's reactor is the least expensive, mostcompact, most scalable solution with the shortest path to commercially viable fusion.
  • MARELLI — Be part of innovation of automotive industry co-creating technological solution with an experienced partner as Marelli enpowering automakers.
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Osamu Ogasawara
Angel · Tokyo, Tokyo, Japan · 2 investments in Japan Payments startups

Osamu Ogasahara is the founder, CEO, and president of FGN ABBA Lab.

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Investment focus

  • Industry: SNS, Content, Fashion
  • Stage:Angel
  • Geography: Japan

Investor stats

  • Total investments: 2
  • Lead/follow: no public data

Portfolio highlights

  • CAMPFIRE — Campfire engages in the planning, development, and operation of a crowd funding platform.They operate the largest cloud funding platform in Japan [CAMPFIRE (campfire)], which supports "whoever wants to start something."The fee is 5% of the domestic level, and about 15,000 projects have collected about $70million in total from over700,000 people.
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Yusuke Tanaka
Angel · Tokyo, Tokyo, Japan · 2 investments in Japan Payments startups

"Shin"ichiro joined Yahoo Japan in April 2013. From July 2013, he joined YJ Capital. He has served as COO of YJ Capital since January 2015. Prior to Yahoo! Japan, Shin was General Director of Dream Incubator Vietnam from 2007 to 2012, managing US$50 million private equity funds in Vietnam. He was formerly a Project Manager at DreamIncubator Japan. He started his career at Future Architect as a system engineer.Shin received his bachelor's degree in Policy Management from Keio University.

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Investment focus

  • Industry: Tourism, Consulting, E-Commerce
  • Stage:Seed
  • Geography: Japan

Investor stats

  • Total investments: 2
  • Round size: Seed $16M–$18M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • TakeMe Co., Ltd. — TakeMe aims to provide an “One-stop Inbound destination service” by enabling tourist to easily find, communicate with, and pay with smartphones via QR code at In-Travel destinations. TakeMe, is the country’s largest inbound service platform in Japan, which lets tourists find, communicate with, and pay with QR code at our affiliated shops,restaurants and tourist attractions. Since our launch in 2015 as JapanFoodie, we have expanded our merchant base to tens of thousands beyond food and restaurants, to include travel, lodging, shopping and events, providing every tourist with the best experience as your best local guide and friend.
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OKWave
VC Fund · Tokyo, Tokyo, Japan · 2 investments in Japan Payments startups

OKWAVE is an internet company that provides a question-and-answer site and aims to enhance customer response to inquiries.

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Investment focus

  • Industry: Cryptocurrency, FinTech, Software
  • Stage:Corporate Round, Seed, Series A
  • Geography: Japan, Switzerland

Investor stats

  • Total investments: 7
  • Round size: Corporate Round $271k–$926k
  • Lead/follow: 71% lead, 29% follow

Portfolio highlights

  • BRD — BRD designs, develops, and markets financial software. It offers a platform that delivers crypto purchasing, commercial register, credit rating information, management, figures, contact and news, trading, and merchant services. BRD serves customers worldwide. Aaron Voisine and Adam Traidman founded it in 2015, with its headquarters in Zurich inSwitzerland.
  • LastRoots — LastRoots is a cryptocurrency developer.
  • Tech Bureau — Tech Bureau provides cryptographic currency and Blockchain technology using exchange API to handle currency encryption.
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Masaru Sunagawa
Angel · 2 investments in Japan Payments startups

After joining Mitsubishi Corporation, he studied at Harvard Business School. After graduating, he joined Globespan Capital Partners, an independent United States VC, and worked as a director of investment. He started LocationValue after the company's representative in Japan. Joined Google after selling the company to NTT DOCOMO. He served asDirector of Product Development for Google Maps and General Manager for Android. He left Google in February 2018 and started Smartround Co., Ltd. in May.

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Investment focus

  • Industry: Finance, Software, Artificial Intelligence
  • Stage:Seed, Angel, Venture - Series Unknown
  • Geography: Japan

Investor stats

  • Total investments: 7
  • Round size: Seed $608k–$1.2M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Flyle — Flyle provides a cloud based platform for product management helping customers to improve productivity & creativity in product development.
  • Sustainable Lab — SusLab is a data bank that uses AI technology to support SDG and ESG development goals and investments.
  • Paytner — Paytner is providing services to support freelance people's funding. The freelance population in Japan has been shown to continue to increase in many Chosa. While working styles are diversified, they are not able to respond to the development of the working environment, and they will develop their business to change the situation whereproblems such as funding, credit, sexual harassment, and power harassment are accumulated.
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Social Leverage
VC Fund · Phoenix, Arizona, United States · 2 investments in Japan Payments startups

Social Leverage An early stage seed investment fund.

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Investment focus

  • Industry: Software, FinTech, Financial Services
  • Stage:Seed, Series A, Series B
  • Geography: United States, Canada, Israel

Investor stats

  • Total investments: 164
  • Round size: Seed $925k–$4M; Series A $1.7M–$13M; Series B $4M–$50M
  • Lead/follow: 23% lead, 77% follow
  • Last fund: Likely actively investing — fresh fund, raised $85M in 2026

Portfolio highlights

  • Newcase.ai — Connect all facts from records, depositions, and evidence into clear timelines with one intelligence layer. Get case-wide context that uncovers contradictions and highlights key admissions with exact citations.
  • SyntheticFi — Help your client borrow against their investments at under 4% interest rate with universal tax deductibility. Support major RIA custodians such as Schwab and Fidelity.
  • Elio Mortgage — Elio Mortgage LLC is an AI-native mortgage brokerage startup designed to blend human relationships with automated backend support. The company functions as a modern alternative to traditional retail lenders and legacy brokerages.
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Sumitomo Mitsui Financial Group
VC Fund · Tokyo, Tokyo, Japan · 2 investments in Japan Payments startups

Sumitomo Mitsui Financial Group primarily conducts commercial banking through the following financial services such as leasing, securities, consumer finance, system development, and data processing. The company was founded in 2002 and is headquartered in Tokyo, Japan.

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Investment focus

  • Industry: Banking, FinTech, Payments
  • Stage:Series A, Corporate Round
  • Geography: Japan

Investor stats

  • Total investments: 4
  • Lead/follow: no public data

Portfolio highlights

  • Axiata — As one of Asia's leading telecommunications groups, Axiata has grown into a Triple Core Business centred on digital telco, businesses and infrastructure.
  • BitFlyer — BitFlyer is a bitcoin exchange and marketplace that enables its customers to buy, sell, and spend bitcoins.
  • Kyash — Kyash is a fintech platform providing mobile banking services with full-stack banking technology currently offering digital wallet app. It has built proprietary full-stack banking infrastructure from the ground up to offer mobile-first consumer-facing digital wallets in Japan.The platform offers online payment and personal remittance apps underthe Kyash service name, and issues prepaid cards that can be used at Visa merchants. It also provides a new card that is available in three colors, navy, silver, and pink and adopts a simple design with card numbers and card names placed on the back. The first Visa card in Japan with an IC chip and contactless payment function that has no card number on the front side.Kyash was founded on January 23, 2015, and is based in Tokyo, Japan.
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Money Forward
VC Fund · Tokyo, Tokyo, Japan · 2 investments in Japan Payments startups

Money Forward provides online personal accounting for individuals, allowing them to easily manage their daily expenses by integrating with their bank passbooks and credit purchase history with information scraped from their web bank and credit accounts. The service is also available for desktop, as well as iOS and Android platforms. The companyalso announced that it will launch a cloud-based accounting service for individual and corporate users, and it will also start publishing an online newsletter.

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Investment focus

  • Industry: Software, Financial Services, Accounting
  • Stage:Seed, Series A
  • Geography: Japan, Singapore, India

Investor stats

  • Total investments: 31
  • Round size: Seed $3M–$47M; Series A $1.6M–$22M
  • Lead/follow: 19% lead, 81% follow

Portfolio highlights

  • Sleek — All-in-one business finances and admin for business owners, SMEs and investors in Singapore. Get started with our 100% online platform.
  • Chatwork — Chatwork is a communication platform designed for companies and teams, also comes with fully integrated task and file management feature.
  • Leading Mark — Leading Mark, a rising human resources startup in Japan. Leading Mark is branching out into mid-career and international hiring. It currently has a one-man team in China working to bring the top Japanese-speaking Chinese students to domestic companies. He also touts his startup’s focus on the average job seeker. “We want to make sure that the usersget the info that he or she needs the most,” he says. Large scale, legacy players can sometimes prioritize the needs of the hiring company, and their commission, over the needs of applicants themselves. This leads to frustration and short-circuited careers.
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Shunsuke Oyu
Angel · Tokyo, Tokyo, Japan · 2 investments in Japan Payments startups

Shunsuke Oyu is the co-founder of Connehito Inc. Started an online Q&A platform “mamari” which is the largest platform for moms in Japan. Connehito was acquired by one of the telecom giant KDDI in 2016. Selected as a “Forbes 30 Under 30 Asia” at consumer technology department. Angel-investing 50+ companies globally.

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Investment focus

  • Industry: Content, Internet, E-Commerce
  • Stage:Seed, Angel, Venture - Series Unknown
  • Geography: Japan, Singapore, United States

Investor stats

  • Total investments: 22
  • Round size: Seed $320k–$3.3M; Venture - Series Unknown $1.5M–$36M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Tohakusha — Tohakusha is a creative agency that offers design, production and sale of digital content and EC websites, and content creation services.
  • Ai-Dounyu.com — Ai-Dounyu.com is a platform that helps organizations looking to integrate AI choose their ideal AI implementation partner for free.
  • Neighbor — Neighbor is a metaverse game developer that specializes in Fortnite.
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VOYAGE VENTURES
VC Fund · Tokyo, Tokyo, Japan · 2 investments in Japan Payments startups

Voyage Ventures is the venture capital arm of Voyage Group specializing in seed and early-stage investments. The firm seeks to make investments in the internet and mobile internet industry. It invests from JPY1 million ($.01million) to JPY to 10 million ($.12 million) in its portfolio companies. The firm typically invests in Japan, China, and othergrowing Asian markets. Voyage Ventures, Inc., formerly known as EC Navi Ventures Company, was founded on March 25, 2011, and is based in Tokyo, Japan.

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Investment focus

  • Industry: Software, Internet, Information Technology
  • Stage:Seed, Series A
  • Geography: Japan, China, Germany

Investor stats

  • Total investments: 70
  • Round size: Seed $200k–$8.5M; Series A $1.4M–$77M
  • Lead/follow: 19% lead, 81% follow

Portfolio highlights

  • pickupon — Pickupon is a SaaS product that automatically records and inputs calls.
  • Bravesoft — bravesoft is a software company that operates events and in-house product for contract development and events. The company offering services such as UI / UX design, application consignment development service, appvisor push, and technical research service.
  • ventus Japan — ventus is an Media and Entertainment based company.ventus aiming to be an entertainment company that provides technology that all fans can enjoy.
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Jungle Ventures
VC Fund · Singapore, Central Region, Singapore · 2 investments in Japan Payments startups

Jungle Ventures is one of Southeast Asia's largest independent venture capital firms based in Singapore. We invest in early and growth-stage startups in Southeast Asia and India, focused on building category-defining businesses that stand the test of time.

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Investment focus

  • Industry: E-Commerce, Software, Financial Services
  • Stage:Series A, Seed, Series B
  • Geography: India, Singapore, Indonesia

Investor stats

  • Total investments: 213
  • Round size: Seed $628k–$6.5M; Series A $4M–$25M; Series B $8.3M–$45M
  • Lead/follow: 50% lead, 50% follow
  • Last fund: Likely still investing — raised $600M in 2022

Portfolio highlights

  • waresix — Segala Informasi tentang Beranda
  • Showroom B2B — SHOWROOM B2B is building the largest B2B “Phygital” platform for India’s $108 Bn fashion industry by connecting Tier 2+ clothing retailers directly with small to mid-scale apparel manufacturers and providing all parties with solutions for distribution, credit, logistics, and marketing.Showroom works on “Touch & Feel” mode of selling where itsunique distribution model ensures that there is almost NO RETURN of products sold. It creates Experience Centres for its retailers which gives them the confidence to buy without any iota of doubt about product quality.Showroom's offerings = Better Margins for Clothing Retailers + Aggressive Growth for Clothing Manufacturers
  • Escape Plan — Enchante Brands Private Limited
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Berkeley Angel Network
VC Fund · San Francisco, California, United States · 2 investments in Japan Payments startups

The Berkeley Angel Network is a group of angel investors who are alumni, faculty and former faculty of UC Berkeley.

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Investment focus

  • Industry: Health Care, Medical, Software
  • Stage:Seed, Angel, Series A
  • Geography: United States, India, Italy

Investor stats

  • Total investments: 68
  • Round size: Seed $200k–$2.7M; Angel $400k–$1.8M; Series A $1M–$5M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Monetization Solutions, Inc. — Monetizr™ is a turn-key solution enabling game developers and game IP holders to sell personalized game gear from inside the game’s UI and create meta-experiences for high-value players. Give players more than they expect!★ Platform to design, import, and control product inventory, launch, and manage campaigns in real-time. ★ A technologysolution that enables a to sell personalized game gear or give away physical rewards right from the game itself. ★ Support for multi-languages and multi-currencies with the most popular payment methods, including ApplePay, GooglePay, CreditCards, PayPal, Bitcoin. ★ Handling product procurement, fulfillment, legal compliance, and customer support for you. ★ Knowledge-base with the best campaign tactics recommendations to enhance the experience for your most high-value players.We've increased customer lifetime value (CLTV) by up to 25% and our conversion rates are as high as 10.6%. Today we're working with more than 30 game publishers, reaching 17 million monthly active users. Monetizr is focused on Mobile Games - the fastest growing (29% YoY) segment of the gaming industry with 41% of market share and $56.4 Billion dollars spent on digital currencies annually.Learn more at www.themonetizr.com
  • HealthMe — HealthMe is a marketplace platform that allows patients to shop for healthcare like they shop for any other product. They provide prepayment of packages, which streamlines office workflow, decreases no-shows, and enhances patient communications.
  • RealSeq Biosciences — We're discovering new biomarkers to advance next-generation diagnostics that provide deeper insights and improve more lives.
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IDEO
VC Fund · Palo Alto, California, United States · 2 investments in Japan Payments startups

IDEO is a global design and innovation consultancy firm. Some of their clients include Procter & Gamble, Pepsi, Microsoft , Nokia , Intel, Eli Lilly, Samsung , and Steelcase.

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Investment focus

  • Industry: Health Care, FinTech, Cryptocurrency
  • Stage:Seed, Series A
  • Geography: United States, Germany, United Kingdom

Investor stats

  • Total investments: 25
  • Round size: Seed $1.3M–$200M; Series A $1M–$14M
  • Lead/follow: 16% lead, 84% follow

Portfolio highlights

  • GPx — GPx is a biotech company that revolutionizes remote chronic disease management with bloodless blood tests. It is dedicated to transforming the standard of care of cardiorenal diseases and enabling patients to better understand their condition, much like the continuous glucose monitor has transformed diabetes care.The company was founded in 2020and is based in Boston, Massachusetts.
  • LifeScore — LifeScore is the generative music platform embracing AI for the benefit of artists. We provide high quality, endlessly varying, commercializable streams of music that respond to listener input.
  • EarlyBird — EarlyBird simplifies investing for parents and elevates gifting by empowering friends and family to make meaningful investments to the children they love.
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Shinji Kimura
Angel · Tokyo, Tokyo, Japan · 2 investments in Japan Payments startups

Shinji Kimura - Chairman/Founder @ AnyPay

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Investment focus

  • Industry: FinTech, Financial Services, Software
  • Stage:Seed, Series B, Venture - Series Unknown
  • Geography: United States, India, Japan

Investor stats

  • Total investments: 31
  • Round size: Seed $120k–$107M; Series B $4M–$220M; Venture - Series Unknown $67k–$20M
  • Lead/follow: 32% lead, 68% follow

Portfolio highlights

  • POKKT — POKKT is an Alternate Mobile Payment Platform that helps owners of Paid Digital Goods and Services to monetise thier users through an advertiser-funded Model. Develpoers and Publishers of Digital content can significantly increase monetization and convert non-paying users into paying users.
  • misterb&b — Find & book the best gay bnbs worldwide with trusted hosts . Gay Hotels, resorts & more in 220 countries. Loved by 1M+ travelers. Safe travels with the LGBTQ travel community!
  • Drifting in Space — Cloud infrastructure for teams that develop, train, and serve AI applications at scale.
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Payments Investor funding in Japan at a glance

Stats across 125 deals from 228 investors.

228
investors
in Japan Payments startups
125
deals
in Japan Payments startups
$8.2M
median round
in Japan Payments startups
26%
lead investors
lead at least one round
17%
Venture - Series Unknown
most common funding stage
89/11
VC / Angel
share of investor count

Access all 228 investors in Japan Payments startups.

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