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Japan based provider of a payment app offering connected Visa cards, with the goal of becoming Japan's first challenger bank, raised $14m in Series B funding, co-led by Goodwater Capital and Mitsubishi UFJ Capital.
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“We’re not here to win over existing banks, but instead inform [them of] how money should work in next decade,” explained Shinichi Takatori, Kyash's founder. “So why not collaborate in some way.” “We have open eyes for globalization, it’s just a matter of when,” he told TechCrunch. “We still have a far way to go [in Japan, but] maybe after the Olympics.”
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