
The new investment signals the beginning of a partnership between Nomupay and SB Payment Service Corp (SBPS) — a SoftBank Corp Group company. The new partnership provides Nomupay with access to the Japanese market, and enables SBPS to ‘go global’
- The latest and largest investment to date marks a defining moment in Nomupay’s mission to open up complex Asia payments landscape for European, US and ROW merchants
- Japanese payment provider, SB Payment Service Corp., a SoftBank Corp. group company, (SBPS), signals a seminal shift in its strategy through the deal, expanding globally while reinvigorating its leading position domestically and bridging the payments market between Japan and Asia
- Huge global potential for merchants will be realised through this dynamic alliance, which brings together Nomupay’s single back office and gateway agnostic platform with the diverse payments expertise of SBPS
Nomupay has entered into a significant partnership with Japanese payments solution firm SBPS in a deal worth $40m, at a $290m valuation.
The capital investment represents a critical juncture in Nomupay’s commitment to provide unified access to the complex and fragmented Asia market for its European, SEA, Middle East and ROW merchant customers and clients.
Nomupay will hereby expand and solidify its Asia footprint in Japan through SBPS’s strong enterprise and merchant relationships, providing extra reach and embedded payments capability with the tier 1 telco’s diverse digital coverage and direct carrier billing channels.
SBPS will broaden its leading domestic position globally through the alliance, while ramping up its payments offering for businesses through additional payment methods, ease of access and scalability. Nomupay provides this via a single API to its gateway agnostic, single back office platform.
Peter Burridge, Group CEO of Nomupay, says, “We are very excited to announce the SBPS investment in our business and the formalisation of a strategic partnership. Since our inception in 2021 we have been robustly active in the region, the SBPS investment now enables us to double down and support inter regional commerce by adding additional countries and payment methods to the platform in order to support bi-directional access between Japan, Asia and the rest of the world.
“Both companies are very aligned on the root cause of complexity in cross border payments. This is not just about acquiring, this is a full-service payments platform that supports payment acceptance, treasury and payouts. Merchant growth in the region will be supported by this end-to-end holistic solution.
“SBPS, a SoftBank Corp. group company, their aspirations for global expansion, strongly aligns with our own, and we are totally committed to becoming the # 1 payment platform in Asia.”
Differing local regulations and diverse payment method preferences mean businesses wanting to expand into and within Asia require multiple licences, leading to costly back office processes and complexity. And yet there is increasing and palpable demand for accessibility from growing companies who want to serve the Asian market and vice versa.
Jun Shimba, Representative Director, President and CEO, SB Payment Service Corp., says, “With Nomupay as a key partner, we will leverage Nomupay’s payment solutions to support our clients entering the Asian market.
“Nomupay offers a wide range of services in the payment field in Asia and can meet flexible and diverse needs. Nomupay is a highly reliable partner.
“We intend to further deepen our cooperative relationship with Nomupay while leveraging SBPS’s advanced technological capabilities and expertise in digital payments to proactively work toward the realisation of a cashless society in the Asian region.”
In May 2025 Satoru Sakai, General Manager of SBPS Global Business Promotion Division, became a director of Nomupay.
Nomupay’s platform enables online, POS and payout capability and the single back office platform addresses the need for ease of scalability.
Nomupay completed a third investment round of $37m earlier this year, bringing the total investment over four years in excess of $120m.
The agreement is subject to approval from relevant authorities.