Japanese payment startup WebPay raises $1.1 million

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See the original story in Japanese.

Tokyo-based WebPay Holdings [1], a startup providing Stripe-compatible payment processing solutions for web services, announced yesterday that it has raised 110 million yen (approximately $1.1 million) from CyberAgent Ventures and two other undisclosed VC firms. Prior to this round, the company raised an undisclosed amount of funding from CyberAgent Ventures, Architype, and GMO Payment Gateway upon its launch back last year.

The company says they plan to use the funds for hiring more engineers to improve their solution’s usability in order to serve their users better.

  1. Previously known as FluxFlex