Led by Japanese serial entrepreneur Kei Kubo, FluxFlex is a startup working out of PariSoma, a notable co-working space in San Francisco. It recently announced the launch of WebPay, an easy-to-install, freemium card payment solution for Japanese e-commerce companies. The service was previously made available last April to a limited number of developers for testing purposes.
Compared to conventional solutions, the WebPay service is not difficult to install, and its API is compatible with Stripe, a leading payment processor in the US. Because cross-border transactions are not permitted under international card transaction rules, WebPay aspires to fill card transaction needs for web payment services in the Japanese market.
In order to give developers an easy-to-install interface for payments, the startup has partnered with GMO Payment Gateway, one of the oldest and biggest payment processing companies in Japan. Upon its official launch, the company also received an undisclosed amount of funding from CyberAgent Ventures, Architype, and GMO Payment Gateway.