AccordX Inc Raises ¥210M in Pre-Series A Funding Round

AccordX Inc. is pleased to announce that it has raised funds in a pre-series A round, with ANOBAKA Inc. as the lead investor and Sparkle Inc., NES Inc., and MobileCom Inc. as underwriters. With this round of funding, the total amount raised has reached 210 million yen (including debt). Please refer to the end of this release for comments from each investor.

With this funding, the company will accelerate the enhancement of its functionality and organizational expansion of its cancellation fee digital billing service “Kuwa Dekiru Kun,” and aim to realize a next-generation Fintech platform based on small debt collection.

AccordX’s mission is to “achieve transparent and fair economic circulation” and has continued to tackle the cancellation challenges faced by businesses.

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The service industry, including the food and beverage industry, is an essential part of the infrastructure that supports life and culture in Japan, yet it is in the midst of rapid structural change, including population decline, labor shortages, and slow digitalization.

AccordX has continued to provide on-site support to set a new standard in small debt collection by balancing “certainty of debt collection” and “smooth customer experience” without compromising the inherent value of the service industry.

The company has raised funds with a view to further expanding the use of “Kuken Dekiru Kun” and developing the next generation of small debt collection products. The funds will be used to enhance the functionality of existing services and to create services that solve the issues faced by businesses of all types and scales in operating cancellation policies.

SOURCE: PRTimes