Solutions Market Analysis
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Payments / Cards, Loyalty and eCommerce <strong>Solutions</strong> Financings<br />
Highlighted Transactions<br />
Date<br />
Company / Investor(s)<br />
Value ($ mm)<br />
Comments<br />
• Yunnex provides an Internet-based point-of-sale device that incorporates two-dimensional bar codes, coupons,<br />
messaging, e-commerce platforms and sales management software<br />
08/08/16 Investor(s): GSR<br />
$45<br />
Ventures; Ajisen Ramen;<br />
Undisclosed Investors<br />
• On August 8, 2016, the Company announced that it had raised a RMB 300 mm (approximately $45 mm in USD)<br />
Series B financing round led by GSR Ventures and Ajisen Ramen<br />
• The funding will be used for research and development for continual product optimization and for market expansion<br />
• Omise offers a payment API for merchants to provide an online payment solutions platform and white label<br />
payment gateway<br />
• On July 21, 2016, the Company announced that it has raised $17.5 mm in a Series B financing round led by SBI<br />
Investment with participation from undisclosed investors<br />
07/21/16<br />
Investor(s): SBI<br />
18<br />
Investment; Undisclosed<br />
Investors<br />
• The financing will be used to expand its operations across Southeast Asia and to accelerate product development<br />
• The Company is also bringing on new management and advisors, including June Seah from Visa Asia Pacific as<br />
an advisor, Michael Bradley from CyberSource as Chief Commercial Officer and Sanjeev Kumar from Visa<br />
CyberSource in Asia Pacific as Chief Product Officer<br />
• Coinbase offers a digital currency wallet and platform where merchants and consumers can transact<br />
• Coinbase has 4 million customers across 32 countries and so far $4 billion in bitcoin have been exchanged on its<br />
platform<br />
07/07/16 Investor(s): Bank of<br />
11<br />
Tokyo Mitsubishi UFJ;<br />
Mitsubishi UFJ Capital;<br />
Sozo Ventures<br />
• On July 7, 2016, the Company announced that it had raised $10.5 mm in a strategic investment from Bank of<br />
Tokyo Mitsubishi UFJ, Mitsubishi UFJ Capital and Sozo Ventures<br />
• The funding will be used to fuel Coinbase’s international expansion, particularly in Asia, and opens a partnership<br />
between Coinbase and BTMU<br />
Source: FT Partners’ Proprietary Transaction Database.<br />
27
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