7 Articles
7 Articles
Nomupay secures $40M investment from Softbank to accelerate payment expansion across Asia
Ireland-based Nomupay has secured $40 million investment from Softbank to accelerate its global payment expansion across Asia. Nomupay said in a statement on Tuesday that a SoftBank Corp. group company, SB Payment Service Corp. (SBPS), has made a strategic investment in the firm. This marks Nomupay largest investment to date and the beginning of a long-term partnership designed to unlock payment access across Asia and beyond. Nomupay highlighted…
SoftBank unit invests $40M in Nomupay
SoftBank Corp’s payment services subsidiary agreed to spend about $40 million to acquire a 13.8 per cent stake in Dublin-headquartered Nomupay, a provider of global standard payment products. Numopay CEO Peter Burridge (pictured, left) noted in a joint statement the investment will enable it to double down and support inter-regional commerce by adding additional countries and payment methods to its platform to support bi-directional access betwe…
Irish fintech NomuPay lands $40mn from SoftBank unit to push for Asia growth - The Tech Portal
NomuPay, an Ireland-based fintech company, has now secured a fresh investment of $40 million from a SoftBank unit – SB Payment Service (SBPS). This Series C funding round values the startup at $290 million, and the proceeds of the same are intended to accelerate the company’s expansion, particularly within Asian markets such as Japan. Four-year old NomuPay began its operations after acquiring licenses from Wirecard, and has since accumulated app…
Nomupay raises $40m to expand Asia payments with SBPS partnership
Nomupay has secured $40m in funding alongside entering a strategic partnership with Japan-based SB Payment Service Corp (SBPS). According to Tech EU, the latest funding round, which values Nomupay at $290m, includes an investment from SBPS. The capital injection marks a milestone in the company’s efforts to accelerate cross-border payment capabilities between Asia and the rest of the world. Founded in 2021, Nomupay offers a seamless, all-in-one …
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