# enpay

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/enpay

- Industry: Software
- Headquarters: Tokyo, Japan
- Website: www.enpay.co.jp
- Total disclosed funding: $9M
- Latest round: Series B (Dec 20, 2023)
- Investors on record: 8

## About

Based in Japan, enpay, Inc. specializes in providing cashless payment and collection support services aimed at enhancing operational efficiency for businesses and educational institutions.Founded in 2020 and headquartered in Tokyo, Japan, enpay, Inc. offers services that streamline billing and collections for its clients. The company has successfully conducted 4 deals, with the most recent funding round being Series B, where they raised JPY 759.000 mn from investors including Chugin Capital Partners and GMO Payment Gateway, Inc. The current company valuation stands at JPY 4418.661 mn.GMO's Enpay by GMO is a cashless payment and collection support service that allows organizations, including educational institutions and childcare facilities, to manage their billing processes in a cashless manner. This service offers automated invoicing, real-time payment tracking, and digital receipt issuance to reduce manual workload and improve operational efficiency.Enpay by GMO generates revenue through a subscription-based model, charging a monthly fee for access to its services, in addition to transaction fees related to payment processing. This model enables educational facilities to automate fee collection, thus easing administrative burdens and enhancing user experience through digital payments.In January 2025, enpay, Inc. raised an undisclosed amount of venture funding from GMO Payment Gateway, Inc. The investment is aimed at accelerating cashless payment adoption and driving digital transformation within Japan's education sector. The company plans to leverage this funding to expand its services and develop new products, further integrating cashless solutions into the educational landscape.

## Funding rounds

- Series B, Dec 20, 2023, $5.3M — DNX Ventures, MIXI, GMO Payment Gateway, Inc., Spiral Capital, Obunsha Ventures, Hakuhodo DY Ventures, Chugin Capital Partners
- Series A, Apr 1, 2021, $3.6M — DNX Ventures, Chugin Lease

## Investors

- DNX Ventures (https://capitalatlas.ai/funds/dnx-ventures) — Series A, Series B
- Chugin Lease (https://capitalatlas.ai/funds/chugin-lease) — Series A
- MIXI — Series B
- GMO Payment Gateway, Inc. — Series B
- Spiral Capital (https://capitalatlas.ai/funds/spiral-capital) — Series B
- Obunsha Ventures (https://capitalatlas.ai/funds/obunsha-ventures) — Series B
- Hakuhodo DY Ventures (https://capitalatlas.ai/funds/hakuhodo-dy-ventures) — Series B
- Chugin Capital Partners (https://capitalatlas.ai/funds/chugin-capital-partners) — Series B