Seed · Fintech
Pay2o raises ¥170 million seed round for recurring bank payments
XTech Ventures led the financing, joined by Mizuho Capital and Japan’s PLAID.
Pay2o has raised ¥170 million in seed equity financing through a third-party share allotment. XTech Ventures led the round, with Mizuho Capital and PLAID participating.
Pay2o develops recurring payment services for tuition, membership fees and other subscription charges. Customers pay directly from a bank account, avoiding the need to enter a credit-card number.
The company will strengthen its sales and development teams, expand adoption among larger operators and integrate with business software. Founded in October 2024, Pay2o is based in Tokyo.
Use of funds
Sales and development hiring
Larger operator adoption
SaaS integrations
Funding history
Seed · This round¥170M