GMO Financial Gate, Inc. (GMO-FG) has announced a capital alliance with fintech-as-a-service (FaaS) company Soft Space.
This investment from GMO-FG precedes Soft Space’s planned Series C funding round, aiming to transform Japanese society into a cashless one.
This collaboration highlights a mutual commitment to promote the adoption of contactless and cashless payments by leveraging the unique strengths of both entities. GMO-FG is poised to introduce Soft Space’s innovative, patented payment solutions to its existing markets and bank partners.
Conversely, Soft Space is set to benefit from GMO’s vast client network, potentially exploring new opportunities in transportation, hospitality, and the extensive food and beverage (F&B) sector, which currently operates predominantly using cash. As Japan is a key destination for tourists…
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