Pay2o Raises 170 Million Yen Seed Round Led by XTech Ventures
Pay2o Inc., which runs a payment service for monthly fees and membership charges, raised 170 million yen in a seed round through a third-party allotment of new shares. XTech Ventures led, with Mizuho Capital and PLAID subscribing.
1 source 5d ago
Reporting from 1 source: ASCII.jp.
Why it matters
Pay2o is pricing its bank-account payment at a fraction of the 3-4% of sales that the source says fitness clubs and cram schools pay in card fees, and the new money goes toward large-business adoption and SaaS partnerships.
Key Facts
- Pay2o Inc. raised 170 million yen in a seed round through a third-party allotment of new shares.
- XTech Ventures led the round, with Mizuho Capital and PLAID subscribing.
- Pay2o handles no card numbers and takes payment from a bank account using only a smartphone.
- Pay2o fees start at 0.95% before tax when conditions on the financial institution and transaction scale are met.
- Pay2o released its product in February 2026 and says it is used in fitness clubs and lessons and schools.
Pay2o handles no card numbers, takes payment from a bank account by smartphone, and quotes fees from 0.95% before tax when conditions are met.
Pay2o's product released in February 2026, and the company says it is already in fitness clubs and lessons and schools nationwide. The service requires no card number and uses passkey login, which the company says reduces concern about impersonation. The seed money goes to hiring sales and development staff as well as to partnerships with SaaS providers and adoption by large businesses. Pay2o frames the market as monthly-fee operators caught between rising costs and the cancellations that price increases risk.
Written with AI by Yomimono from the 1 cited source below, including Japanese-language reporting where cited. See our editorial policy.
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