Smartpay Raises $7M to Expand Operations and Develop Digital Credit Service

Smartpay Raises $7M in Pre-Series A Funding

Key Highlights:

• Funding Round: Smartpay, a Tokyo-based digital embedded finance startup, raised $7 million in a pre-Series A funding round.
• Investors: The round was led by SMBCVC and Angel Bridge VC.
• Expansion and Development: The funds will be used to expand operations and further develop Smartpay's digital credit service.

Smartpay's Target Market

• Japanese Consumers: Targeting Japanese consumers looking for a seamless and convenient payment experience.
• Merchants and Retailers: Providing solutions to improve merchant conversion rates and enhance the overall payment experience for customers.
• Credit Card Users: Offering interest-free and hassle-free payment options for credit card users.

What Smartpay Needs to Buy

• Technology Development: Investing in technology and software development to enhance their digital credit service and payment solutions.
• Marketing and Customer Acquisition: Partnering with marketing agencies and customer acquisition specialists to expand their user base and reach.
• Strategic Partnerships: Collaborating with financial institutions and payment processors to strengthen their payment infrastructure and expand their network.