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Japanese QR Code gateway Netstars raises $60 million


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Japanese QR Code gateway Netstars raises $60 million
2 hours ago
Netstars, the operator of Japan’s largest QR code payment gateway, has completed a $60 million funding round amid plans for international expansion.
The round, which was made through a combination of a capital infusion and the allotment of new shares, includes a $40 million investment made from funds managed by KKR.
Headquartered in Tokyo, the company operates StarPay, a digital gateway for efficient point-of-sale processing for consumers across multiple payment apps. To date, StarPay is used by more than 280,000 merchants across Japan and has aggregated 37 payment providers onto its platform, including PayPay, LINE Pay, AliPay, WeChat Pay, and VIA. ....

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KKR leads $60.6m funding in Japan's largest QR code payment gateway Netstars


KKR leads $60.6m funding in Japan’s largest QR code payment gateway Netstars
Image from Netstars website.
April 14, 2021
Netstars Co Ltd, the operator of Japan’s largest QR code payment gateway, has raised 6.6 billion yen ($60.6 million) in its latest funding round led by private equity giant KKR & Co, according to an announcement.
KKR made a 4 billion yen investment through funds it manages. Hong Kong-based investment firms SIG and LUN Partners also participated in the round, which was made through a combination of capital infusion and allotment of new shares.
Netstars, a payments aggregator and fintech company headquartered in Tokyo, operates StarPay, a payments aggregation solution that integrates payment providers into a single device or software platform. ....

Asia Pacific , Eiji Yatagawa , Asia Real Estate Partners Fund , Netstars Co Ltd , Hillhouse Capital Group For Asia , Asian Fund , Hillhouse Capital Group , Asia Pacific Infrastructure Investors Funds , Asia Real Estate Partners , ஆசியா பெஸிஃபிக் , ஆசியா ரியல் எஸ்டேட் கூட்டாளர்கள் நிதி , ஹில்ஹவுஸ் மூலதனம் குழு க்கு ஆசியா , ஆசிய நிதி , ஹில்ஹவுஸ் மூலதனம் குழு , ஆசியா பெஸிஃபிக் உள்கட்டமைப்பு முதலீட்டாளர்கள் நிதி , ஆசியா ரியல் எஸ்டேட் கூட்டாளர்கள் ,