Aug 7, 2014

[The Bridge] Japan’s ExCo raises $3.3M, launches cardless online payments platform

Tokyo-based startup Exchange Corporation (ExCo for short) announced yesterday that it has launched a new payment solution called Paidy and raised about 330 million yen (or $3.3 million) from Arbor Ventures (Hong Kong), CyberAgent Ventures (Japan), Recruit Strategic Partners (Japan), 500 Startups (USA), and Cherubic Ventures (Taiwan). 
ExCo has developed various personal finance services including P2P loan market Aqush. Paidy allows you to complete an online payment without entering credit card numbers or login procedure. To buy something online with Paidy, all you need is to enter your name and e-mail address. You can also choose a lump-sum payment or installed payments up to 36 months. ...
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The Bridge 7/31/2014 [en]

  • There are not much information about how it works, but it seems Paidy is innovative solution for both online shoppers and customers.

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