Are you tired of juggling multiple payment methods for your business? Look no further than Netstars, the payments aggregator and fintech company that is revolutionizing the way merchants in Japan handle transactions. With their StarPay platform being used by over 280,000 merchants, it’s no wonder they’ve just raised $60.6 million in funding led by KKR. Keep reading to learn more about this innovative company and how they’re changing the game in the world of finance.
What is Netstars?
Netstars, a payments aggregator and fintech company, has raised $60.6M led by KKR. Netstars’ StarPay is used by K merchants in Japan.
KKR’s investment will be used to fuel the growth of Netstars and its StarPay platform. StarPay is a mobile payment solution that allows users to make in-store and online purchases using their smartphones. The platform is currently used by over K merchants in Japan, and the company plans to expand its merchant network in the future.
This investment marks KKR’s first fintech investment in Japan.
What is StarPay?
Netstars is a payments aggregator and fintech company that has raised $60.6M led by KKR. Netstars’ StarPay is used by K merchants in Japan. StarPay allows customers to make purchases using their own currency, whether it be yen, dollars, or euros. Customers can also use StarPay to send money to friends and family members in other countries.
Who is KKR?
KKR is a leading global investment firm that manages multiple alternative asset classes, including private equity, energy, infrastructure, real estate, credit, and hedge funds. KKR has a team of over 1,300 professionals operating in 22 countries around the world. Headquartered in New York City, KKR has offices in London, Hong Kong, Mumbai, San Francisco, Tokyo, and other major cities.
KKR was founded in 1976 by Henry Kravis and George Roberts. The firm today is led by Co-Chief Executives and Co-Chairmen Josh Harris and George Roberts.
Over the past 40 years, KKR has completed more than 280 private equity investments in companies with an aggregate transaction value of over $585 billion. KKR’s portfolio companies employ more than 1.5 million people around the world.
In 2018 alone, KKR invested $17.8 billion of equity capital across 28 platform investments and completed 23 add-on acquisitions for its portfolio companies globally.
How much money did Netstars raise?
In a funding round led by private equity firm KKR, Netstars, a payments aggregator and fintech company, raised $60.6M. Netstars’ StarPay is used by K merchants in Japan. The funds will be used to scale up the business and expand into new markets.
What will the money be used for?
Netstars, a payments aggregator and fintech company, has raised $60.6M led by KKR. Netstars’ StarPay is used by K merchants in Japan Mars W. Mosqueda Jr/DealStreetAsia to process payments and manage their finances. The company will use the funds to expand its team and technology infrastructure, as well as to grow its merchant base.
How many merchants use StarPay in Japan?
Netstars, a Japanese payments aggregator and fintech company, has raised $60.6M in a Series B funding round led by global investment firm KKR.
This brings Netstars’ total funding to date to $60.6M. The round also saw participation from existing investors Rakuten Ventures and Daiwa PI Partners.
Founded in, Netstars provides an online platform that helps businesses accept credit cards and other electronic payments. The company’s flagship product is StarPay, a payment gateway that is used by over K merchants in Japan.
In addition to processing payments, Netstars also offers merchant solutions such as fraud detection, customer analytics, and invoicing. The company plans to use the new funding to further expand its product offerings and grow its merchant base in Japan.
Mosqueda Jr/DealStreetAsia’s opinion on Netstars
Netstars, a payments aggregator and fintech company, raises $60.6M led by KKR; Netstars’ StarPay is used by K merchants in Japan
Mars W. Mosqueda Jr./DealStreetAsia:
Netstars, a payments aggregator and fintech company, has raised $60.6M in a Series B round led by global investment firm KKR. This brings Netstars’ total funding to date to $60.6M.
Founded in, Netstars operates the StarPay platform, which allows users to make digital payments through QR codes at physical stores. StarPay is currently used by over, merchants in Japan. In addition to QR code payments, the platform also supports mobile wallets such as Alipay and WeChat Pay.
The new funding will be used to further expand the reach of StarPay in Japan and other Asian markets. “We are very excited to partner with KKR as we continue our mission to provide innovative payment solutions that make life easier for consumers and businesses alike,” said Netstars CEO Hiroshi Takahashi in a statement.