Ireland-based Nomupay has secured $40 million investment from Softbank to accelerate its global payment expansion across Asia.
Nomupay said in a statement on Tuesday that a SoftBank Corp. group company, SB Payment Service Corp. (SBPS), has made a strategic investment in the firm.
This marks Nomupay largest investment to date and the beginning of a long-term partnership designed to unlock payment access across Asia and beyond.
Nomupay highlighted that this partnership isn’t just about capital, as the investment reflects strong confidence in its vision and capabilities.
It noted that it is also a shared commitment to simplifying global expansion for its customers.
Meanwhile, SBPS, Japan’s payment provider, has been seeking the right partner to support its merchants in expanding globally — without losing control of the customer relationship or navigating the headache of fragmented solutions.
The firm found Nomupay after two years of searching.
Through its unified payments platform, SBPS merchants can now scale internationally without the burden of managing multiple providers, contracts, integrations and reporting systems.
Its single back office and API bring clarity and efficiency to what has traditionally been a complex and costly endeavor.
For Nomupay, the partnership provides a powerful opportunity to solidify its presence in Japan, a critical but often challenging market to access.
SBPS also brings deep domestic reach, embedded payments capabilities and access to carrier billing through one of Japan’s top telecom groups.
Together, the duo are making bi-directional commerce between Japan, the rest of Asia and the wider world easier than ever.
According to the statement, both Nomupay and SBPS are laser-focused on solving the complexity of cross-border payments.
This partnership reflects a mutual belief that merchants do not just need better acquiring; they need a full-service platform that handles payment acceptance, treasury and payouts, while also providing localized checkout experiences and compliance out of the box.
“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, Chief Executive Officer of Nomupay.
Meanwhile, Jun Shimba, President and Chief Executive Officer of SBPS, shared that Nomupay’s reach and flexibility make them an ideal partner.
“Together, we’re building a more connected, cashless future across the region,” he added.
With SBPS’s support, Nomupay will continue to enhance our platform by expanding payment method coverage, launching in new countries and deepening the tools available to merchants.
This is a pivotal step in Nomupay journey to become the world’s preferred global payments partner and a trusted ally for enterprises looking to grow globally with confidence.