# Payme Co.

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

- Industry: Financial Services
- Headquarters: Tokyo, Japan
- Website: www.payme.tokyo
- Total disclosed funding: $9.6M
- Latest round: Series D (Sep 5, 2023)
- Investors on record: 4

## About

Based in Tokyo, Japan, and founded in 2017, Payme, Inc. offers a payroll prepayment service that empowers workers to receive their hard-earned money without the need to wait for the traditional payday cycle. In July 2019, Payme, Inc. raised JPY 700 million in venture funding from investor Mixi and returning investors CyberAgent Capital and Incubate Fund. As of September 2023, the company’s CEO is Hiroki Kabu.

The core product of Payme, Inc. is payroll prepayment service, which streamlines the payroll prepayment process and allows employees to access a portion of their accrued wages in advance. The platform allows users to link service with the attendance data of companies to calculate salaries based on actual working hours and make prepayments. The service helps individuals manage unexpected expenses, avoid high-interest payday loans, and gain better control over their finances.

## Funding rounds

- Series D, Sep 5, 2023, $2.7M — World Innovation Lab
- Series C, Jul 7, 2019, $6.5M — CyberAgent Capital, Incubate Fund, MIXI
- Angel, Sep 4, 2017, $0.5M — Incubate Fund

## Investors

- Incubate Fund (https://capitalatlas.ai/funds/incubate-fund) — Angel, Series C
- CyberAgent Capital (https://capitalatlas.ai/funds/cyberagent-capital) — Series C
- MIXI — Series C
- World Innovation Lab — Series D