Paytner Secures 5.3 Billion Yen in Funding for Expansion
Paytner Secures 5.3 Billion Yen for Business Growth
Paytner Inc., a leading provider of online factoring services tailored for freelancers, has successfully raised a total of 5.3 billion yen, which includes a credit line, to facilitate its business expansion plans. This initiative marks an important step towards solidifying its financial foundation amid significant growth in its service offerings.
Overview of the Fundraising
The funding was obtained from several prominent financial institutions, including Mizuho Bank, Sumitomo Mitsui Banking Corporation, Fivot (Flex Capital), SDF Capital, and Hokuriku Bank. The structure of the fundraising is designed to tap into business assets, ensuring a strategic setup for debt financing. Notably, the transaction did not involve any dilutive measures such as the issuance of new shares or stock options.
Background Behind the Funding
Founded in September 2019, Paytner’s mission is to
Topics Financial Services & Investing）
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