Pay2o Raises ¥170M Seed

Pay2o, located in Chuo-ku, Tokyo, is a fintech startup that provides a payment service specialized for monthly tuition and membership fees. The company has successfully raised 170 million yen in a seed round to scale its operations.

Investors

The funding round was led by XTech Ventures Inc., with participation from Mizuho Capital Co., Ltd. and Plaid Inc.

Pay2o Use of Funds

Pay2o plans to use the new capital to expand its presence among major businesses, foster partnerships and collaborations with SaaS providers, and strengthen its recruitment efforts, specifically for sales and development personnel.

About Pay2o

Founded in 2024 by Ryosuke Sekine, Pay2o provides a payment service that allows users to pay directly from their bank accounts using smartphones. By eliminating the need for credit card numbers and offering competitive fees starting from 0.95%, the platform helps businesses automate billing, reduce collection costs, and improve security via phishing-resistant passkey authentication.

Funding Details

Company: Pay2o Corporation
Raised: ¥170 million
Round: Seed
Funding Date: November 5, 2026
Lead Investor: XTech Ventures Inc.
Additional Investors: Mizuho Capital Co., Ltd., Plaid Inc.
Company Website: https://pay2o.jp/
Software Category: Fintech
Source: https://prtimes.jp/main/html/rd/p/000000001.000192950.html