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HomeBankingPaidy: Raises US $ 120 million in Series D Round

Paidy: Raises US $ 120 million in Series D Round

  • Paidy Japan’s pioneer and leading BNPL service with the mission to spread trust through society and to give people room to dream
  • Japanese buy now, pay later (BNPL) outfit Paidy raised US$120 million in a Series D funding round
  • JS Capital Management, Soros Capital Management, Tybourne Capital Management, and Wellington Management joined the round
  • Paidy launched its post-pay credit account for ecommerce in 2014, helping Japanese consumers make online purchases without credit cards
  • The firm now claims more than five million consumer accounts that used at over 700,000 websites
  • The new funding used to expand transactions with large merchants, develop new services
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