Drip Capital, Inc. announced that it has received $113 million in funding from Sumitomo Mitsui Banking Corporation, GMO Payment Gateway, Inc., and other investors
Published on 09/04/2024 at 18:00
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Drip Capital, Inc. announced that it has raised $90 million in a round of funding co-led by new lenders International Finance Corporation and East West Bank on September 5, 2024. The transaction also included participation from debt partners. The company has received $640 million in equity and debt funding till date.
GMO Payment Gateway, Inc. is a Japan-based company mainly engaged in the provision of payment agency services, finance related services and payment activation services. The Company operates in three business segments. The Payment Agency segment is engaged in the provision of online and continuous payment agency services and face-to-face payment agency services. The Finance Related segment is engaged in the provision of payment, remittance services and other money services, the provision of transaction lending to finance growth funds, as well as the provision of early payment services to improve the cash flow of member stores. The Payment Activation segment is engaged in the provision of mobile payment, authentication, notification and other services, as well as the provision of customer collection support services to improve sales of member stores.
Drip Capital, Inc. announced that it has received $113 million in funding from Sumitomo Mitsui Banking Corporation, GMO Payment Gateway, Inc., and other investors
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