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Home FINTECH

Irish FinTech startup Nomupay has just raised €35 million to expand and enter the Japanese market

EU Startupsby EU Startups
June 3, 2025
Reading Time: 3 mins read
in FINTECH, UK&IRELAND, VENTURE CAPITAL
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Dublin-based Nomupay has entered into a significant partnership with Japanese payments solution firm SBPS, with SBPS investing in a deal worth €35 million, at a €254 million valuation.

The capital investment represents a critical juncture in Nomupay’s commitment to provide unified access to the complex and fragmented Asia market for its European, SEA, Middle East and ROW merchant customers and clients.

Peter Burridge, Group CEO of Nomupay, said, “We are very excited to announce the SBPS investment in our business and the formalisation of a strategic partnership. Since our inception in 2021 we have been robustly active in the region, the SBPS investment now enables us to double down and support inter regional commerce by adding additional countries and payment methods to the platform in order to support bi-directional access between Japan, Asia and the rest of the world.”

Founded in 2021, Nomupay innovates how modern businesses manage payments across fragmented, fast-growth markets. Their unified payment platform streamlines acquiring, treasury, and payouts – enabling enterprises to scale with confidence across Asia, Europe, and the Middle East.

They aim to solve the complexity of payment fragmentation by aggregating dozens of local payment methods – bank transfers, wallets, and alternative schemes – into a single, consistent API. Whether transacting online or offline, directly or through partners, Nomupay provides centralised control for global payment flows while preserving the local experiences that customers expect.

On the back end, Nomupay’s treasury and reconciliation tools offer real-time visibility, automated fund flows, and multi-currency management – reducing operational overhead and FX leakage. With Nomupay, businesses can reportedly launch faster in new markets, meet local regulatory requirements, and offer localised checkout experiences – all without managing a patchwork of PSPs and banking partners.

In layman’s terms, they turn fragmented payment ecosystems into seamless, scalable infrastructure- empowering businesses to move money efficiently, compliantly, and intelligently.

“Both companies are very aligned on the root cause of complexity in cross border payments. This is not just about acquiring, this is a full-service payments platform that supports payment acceptance, treasury and payouts. Merchant growth in the region will be supported by this end-to-end holistic solution.

“SBPS, a SoftBank Corp. group company, their aspirations for global expansion, strongly aligns with our own, and we are totally committed to becoming the #1 payment platform in Asia,” added Burridge.

Nomupay will hereby expand and solidify its Asia footprint in Japan through SBPS’s strong enterprise and merchant relationships, providing extra reach and embedded payments capability with the tier 1 telco’s diverse digital coverage and direct carrier billing channels.

SBPS will broaden its leading domestic position globally through the alliance, while ramping up its payments offering for businesses through additional payment methods, ease of access and scalability. Nomupay provides this via a single API to its gateway agnostic, single back office platform.

Jun Shimba, Representative Director, President and CEO, SB Payment Service Corp., says, “With Nomupay as a key partner, we will leverage Nomupay’s payment solutions to support our clients entering the Asian market.

“Nomupay offers a wide range of services in the payment field in Asia and can meet flexible and diverse needs. Nomupay is a highly reliable partner.

“We intend to further deepen our cooperative relationship with Nomupay while leveraging SBPS’s advanced technological capabilities and expertise in digital payments to proactively work toward the realisation of a cashless society in the Asian region.”

In May 2025 Satoru Sakai, General Manager of SBPS Global Business Promotion Division, became a director of Nomupay.

Nomupay completed a third investment round of €32 million earlier this year, bringing the total investment over four years since inception in excess of €105 million.

Read the orginal article: https://www.eu-startups.com/2025/06/irish-fintech-startup-nomupay-has-just-raised-e35-million-to-expand-and-enter-the-japanese-market/

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