# NETSTARS Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/netstars-co

- Industry: Software
- Headquarters: Tokyo, Japan
- Website: www.netstars.co.jp
- Total disclosed funding: $60M
- Latest round: Series A (Apr 14, 2021)
- Investors on record: 3

## About

Based in Tokyo, Japan, NETSTARS Co., Ltd. is a fintech company specializing in innovative digital payment solutions that enhance transaction processes for retailers and businesses across various platforms.Founded in 2009 in Tokyo, Japan, NETSTARS Co., Ltd. focuses on providing digital payment solutions. The company has participated in 4 deals, with the most recent funding round being a SERIES A in March 2022, where it raised JPY 6,600.00 mn from investors including KKR, LUN Partners Capital, and SIG Asia Investment. Currently, the company is valued at JPY 37,962.00 mn. Tsuyoshi Ri serves as the CEO.NETSTARS specializes in fintech solutions aimed at streamlining and enhancing the flow of money through innovative digital payment products. Their core offering, StarPay, is a multi-cashless payment solution designed for retailers and businesses to facilitate seamless transactions across various platforms. Additionally, they provide tailored solutions such as StarPay-DX, which aims to optimize store operations through digital transformation, and StarPay-Global, which promotes cashless transactions internationally. These products target a diverse clientele, including merchants, retail establishments, and local governments, primarily within Japan and select international markets. By focusing on convenience, efficiency, and security, NETSTARS addresses the pressing need for effective cash flow management in an increasingly digital economy.In 2022, NETSTARS generated revenue of JPY 22,729,485.9 through its payment solutions, primarily from transaction fees associated with the use of its StarPay system. Businesses utilizing StarPay engage in various transactional structures, including B2B partnerships and retail transactions, incurring fees for each transaction processed. The company may also implement subscription models for ongoing service and support, with costs varying based on service tiers or transaction volume. Strategic collaborations with entities such as Merucari further enhance their market reach and revenue potential as businesses increasingly adopt their innovative payment solutions.In March 2022, NETSTARS Co., Ltd. secured funding that will be utilized to accelerate the expansion of their StarPay business into the Hokkaido region and other areas. The company is also focused on developing new products to enhance its service offerings, although specific product launches and timelines have not been detailed.

## Funding rounds

- Series A, Apr 14, 2021, $60M — KKR, SIG Asia Investment, LUN Partners Capital

## Investors

- KKR (https://capitalatlas.ai/funds/kkr) — Series A
- SIG Asia Investment (https://capitalatlas.ai/funds/sig-asia-investment) — Series A
- LUN Partners Capital (https://capitalatlas.ai/funds/lun-partners-capital) — Series A