Strategic investment · Fintech

Digital Garage backs Phi Commerce in Japan payments alliance

The investment accompanies a partnership that gives DGFT exclusive distribution rights for Phi Commerce’s technology in Japan.

Digital Garage Group announced an investment in Phi Commerce on May 9, 2025, alongside a strategic business alliance. The group did not disclose financial terms in its announcement.

Under the agreement, DG Financial Technology will exclusively distribute Phi Commerce’s payment solutions in Japan. The partners plan to use the Indian company’s technology to build payment processing infrastructure for other providers entering or expanding in the market.

Phi Commerce develops omnichannel payment technology for banks, payment networks and enterprises. The partnership combines that platform with DGFT’s local payments operations and distribution in Japan.

Use of funds

Japan expansion

Payment processing partnership with DGFT

Funding history

Strategic investment · This roundUndisclosed
Series A1$10MSeries A$4M

Sources

  1. Digital Garage Group invests in Phi Commerce and forms strategic capital and business alliancegarage.co.jp · May 9, 2025