Nomupay secures $40m from SoftBank to enter Japan market

By Gloria Methri

Nomupay has announced a $40 million strategic investment from SB Payment Service Corp. (SBPS), a subsidiary of Japan’s SoftBank Corp., marking the company’s largest funding round to date. The investment signifies the beginning of a long-term partnership aimed at simplifying global commerce and expanding payment access across Asia and beyond.

The partnership represents more than just capital injection—it is a shared commitment to building a frictionless, unified payments experience for businesses navigating international growth.

SBPS, one of Japan’s leading payment providers, had been seeking a global payments partner capable of supporting its merchants’ expansion abroad without sacrificing customer ownership or contending with fragmented solutions.

Leveraging Nomupay’s Unified Payments platform, SBPS merchants can now expand globally through a single API and back office, eliminating the complexity of managing multiple integrations, contracts, and reporting systems. The result is a more streamlined, scalable approach to cross-border payments.

For Nomupay, the partnership unlocks greater access to the Japanese market, long recognised as a complex yet critical payments ecosystem. SBPS offers robust local infrastructure, including embedded payments and carrier billing via one of Japan’s major telecommunications groups. Together, the two firms aim to facilitate seamless, bi-directional commerce between Japan, Asia, and international markets.

A Shared Vision for Borderless Payments

Both companies share a common ambition to address the complexities of cross-border commerce. Beyond acquiring, today’s merchants require full-stack platforms that deliver payment acceptance, treasury, and payouts, alongside compliance, localisation, and seamless checkout experiences.

“This partnership allows us to double down on our mission to simplify access to complex, high-growth markets and to power commerce both into and out of Asia through a single, scalable infrastructure,” said Peter Burridge, CEO of Nomupay.

“Nomupay’s reach and flexibility make them an ideal partner,” added Jun Shimba, President and CEO of SBPS. “Together, we are building a more connected, cashless future across the region.”

The investment will enable Nomupay to expand its platform capabilities further, broadening support for local payment methods, entering new markets, and enhancing its merchant tools. It is a pivotal development in Nomupay’s mission to become the global payments partner of choice for enterprises seeking confident, scalable international growth.

With SBPS as a strategic partner, Nomupay is poised to accelerate innovation and deepen its presence in Asia, setting the stage for a more unified global payments infrastructure.