Published by Global Banking & Finance Review®
Posted on June 3, 2025
1 min readLast updated: January 23, 2026
Add as preferred source on GoogleNomupay secures $40M from SoftBank to expand in Asia, integrating Japanese payment methods and aiming for profitability by year-end.
STOCKHOLM (Reuters) -Irish fintech Nomupay said on Tuesday it had received a $40 million investment from an unit of SoftBank Corp at a valuation of $290 million to help it expand in Asian countries such as Japan.
Nomupay started operations in 2021 after buying licences from payments company Wirecard, which collapsed a year earlier in Germany's biggest post-war fraud scandal.
Nomupay has since raised $120 million, with the last round of $37 million in January valuing it at $200 million.
"We will integrate the Japanese payment methods that are provided by SoftBank, which means the rest of the world can now access Japan, and then we will jointly expand into other markets," Nomupay CEO Peter Burridge told Reuters.
Nomupay is a payment processor focusing on local and cross-border payments and operates in an industry dominated by the likes of Stripe and Adyen.
"We aim to be profitable by the end of the year," Burridge said.
(Reporting by Supantha Mukherjee in Stockholm. Editing by Mark Potter)
Nomupay received a $40 million investment from a unit of SoftBank Corp.
Nomupay started operations in 2021 after acquiring licenses from Wirecard.
Nomupay aims to be profitable by the end of the year, according to CEO Burridge.
Nomupay has raised a total of $120 million, including $37 million in its last funding round.
Nomupay plans to integrate Japanese payment methods and expand into other markets globally.
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