Soft Space secures pre-series C funding through partnership with Japanese payment firm

Soft Space secures pre-Series C funding through partnership with Japanese payment firm

Soft Space, a Malaysian fintech firm, secures new capital through a partnership with GMO Financial Gate, a Japanese payments major.

• Series C Funding: The collaboration is a precursor to Soft Space's upcoming series C funding round, aimed at advancing cashless payments in Japan.

• Previous Funding Round: Soft Space raised US$31.5 million in a series B1 round in April last year, nearly doubling its revenue from 2021.

• Market Expansion: Joel Tay, CEO of Soft Space, highlights the company's agility and readiness to expand rapidly from Malaysia to Japan and beyond.

Founded in 2012 by Chris Leong and Chang Soon, Soft Space now serves over 90 financial institutions and partners across 30 global markets.