Nomupay raises $40M Softbank company SBPS to dominate Asian payment market

Irish fintech Nomupay has raised $40 million and entered into a significant partnership with Japanese payments solution firm SB Payment Service Corp (SBPS), a SoftBank Corp. group company, — the deal is at a valuation of $290 million.

Founded in 2021 and operating across Asia, EMEA and Europe, Nomupay has built a seamless, all-in-one payment solution. From pay-ins and payouts to acquiring, it powers global growth for 1,500+ merchants with a dedicated team of 230+ innovators.

The capital investment represents a critical juncture in Nomupay’s commitment to provide unified access to the complex and fragmented Asia market for its European, SEA, Middle East and ROW merchant customers and clients.

Further, SBPS will broaden its leading domestic position globally through the alliance, while ramping up its payments offering for businesses through additional payment methods, ease of access, and
scalability. Nomupay provides this via a single API to its gateway agnostic, single back office platform.

Peter Burridge, Group CEO of Nomupay, said:

“We are very excited to announce the SBPS investment in our business and the formalisation of a strategic partnership.

Since our inception in 2021, we have been robustly active in the region.

The SBPS investment now enables us to double down and support inter-regional commerce by adding additional countries and payment methods to the platform in order to support bi-directional access between Japan, Asia and the rest of the world.”

The investment solidifies Nomupay’s intention to become the number one payment platform in Asia.

Differing local regulations and diverse payment method preferences mean businesses wanting to expand into and within Asia require multiple licences, leading to costly back office processes and complexity. And yet there is increasing and palpable demand for accessibility from growing companies who want to serve the Asian market and vice versa.

Jun Shimba, Representative Director, President and CEO, SB Payment Service Corp., shared:

“With Nomupay as a key partner, we will leverage Nomupay's payment solutions to support our clients entering the Asian market.”

In May 2025 Satoru Sakai, General Manager of SBPS Global Business Promotion Division, became a director of Nomupay.

Nomupay completed a third investment round of $37 million earlier this year, bringing the total investment over four years in excess of $120 million.