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Line acquires Japanese payment startup WebPay

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See the original story in Japanese. Line Pay, the payments solution-focused subsidiary of Japanese messaging company Line, has agreed to buy out Tokyo-based WebPay Holdings [1] in order to accelerate Line Pay’s business expansion. See also: Japanese startup Fluxflex launches easy-to-install card payment solution WebPay provides a Stripe-compatible payment processing solutions for e-commerce, web services, and mobile developers in Japan. The company raised 110 million yen (about $1.1 million) from CyberAgent Ventures, Architype, and GMO Payment Gateway in February 2014. Meanwhile, Line Pay was launched by Line to provide payment solutions for Line’s affiliated services, third-party services, and real-store retailers. Line wants to improve usability and enhance functions of the payment solution by leveraging the expertise under WebPay’s belt. Translated by Masaru Ikeda Edited by “Tex” Pomeroy Previously known as FluxFlex.  ↩

linepay-webpay

See the original story in Japanese.

Line Pay, the payments solution-focused subsidiary of Japanese messaging company Line, has agreed to buy out Tokyo-based WebPay Holdings [1] in order to accelerate Line Pay’s business expansion.

See also:

WebPay provides a Stripe-compatible payment processing solutions for e-commerce, web services, and mobile developers in Japan. The company raised 110 million yen (about $1.1 million) from CyberAgent VenturesArchitype, and GMO Payment Gateway in February 2014.

Meanwhile, Line Pay was launched by Line to provide payment solutions for Line’s affiliated services, third-party services, and real-store retailers. Line wants to improve usability and enhance functions of the payment solution by leveraging the expertise under WebPay’s belt.

Translated by Masaru Ikeda
Edited by “Tex” Pomeroy


  1. Previously known as FluxFlex

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. Previously known as FluxFlex.  ↩

cardpayment
Image credit: Stock photo

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