Japanese online payment platform Paidy has announced a Series C funding round of $55 million, led by trading company ITOCHU Corporation, with participation from U.S. financial services firm Goldman Sachs.
Combined with two previous rounds (Series A and B), the round increases the total amount of capital raised by Paidy to $80 million.
With the fund, Paidy expects to launch new merchants in order to deliver the company’s frictionless and intuitive financial solution to a much broader audience.
The company plans to add new payment functions and diverse financial services to make its customer attachments much more robust.