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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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