GINKAN, Inc. announced that it has received ¥280 million in funding from a group of investors
June 01, 2020
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GINKAN, Inc. announced that it has received ¥280 million in a round of funding led by returning investor MTG Ventures Co., Ltd. on June 2, 2020. The transaction also involved participation from new investors, Sansei Capital Investment Co., Ltd., Aucfan Co., Ltd. (TSE:3674), and returning investors Orient Corporation (TSE:8585), Mitsubishi UFJ Capital Co., Ltd., SLD Entertainment, Inc. (JASDAQ:3223), giftee Inc. (TSE:4449), Ceres inc. (TSE:3696), and DD Holdings Venture Capital. The company has raised ¥400 million in funding till date.
The company issued common shares in the transaction. The company has raised $3.7 million (¥402.634 million) in funding till date.
giftee Inc. is a Japan-based company principally engaged in the planning, development and operation of e-gift services for individuals, corporations and local governments. The main services include giftee service, giftee for Business service, eGift System service, and local currency service Welcome! STAMP. The giftee service allows an individual user to select an e-gift on the giftee application or a Website browser, purchase it by credit card or carrier payment and send it to those who receive it via social networking service (SNS). The giftee for Business can be used when a corporation gives a gift to its users through a campaign. The eGift System service allows corporations such as restaurants and retail stores to generate, distribute, sell, settle, and manage results for e-gifts. The Company also receives system usage fees from local currency issuers who have introduced the Welcome! STAMP local currency service.
GIFTEE INC. 
