Investments

Paytner raises 5.3 billion yen in funding to expand business

Paytner, Inc., which provides the factoring service "Paytner" for freelancers , is pleased to announce that it has raised a total of 5.3 billion yen (including credit line) through the following initiatives in anticipation of future business expansion. To achieve our mission of "creating a financial system that allows people to take on new challenges," we have been providing the online factoring service "Paytner" since September 2019. "Since the service began, our services have expanded dramatically, with our annual factoring transaction volume increasing 500-fold in five years. We will use the funds raised this time to strengthen our financial base in order to respond to the expansion of transactions and the development of new functions." "Paytner" is an online factoring service that allows you to upload invoices sent to your…