Paidy is a FinTech leader in delivering cardless payments and other financial services to mass market and business. It is Japan’s first instant post-pay credit service for e-commerce consumers.

Paidy offers instant, monthly-consolidated credit to consumers throughout Japan.

Paidy was founded in 2008 by Russell Cummer and is based in Minato-ku, Tokyo, Japan. In October 2014, Paidy started Japan’s first instant post-pay credit service for e-commerce consumers.

Paidy's solutions are at the forefront of revolutionizing online & mobile payments, p2p transfers, personal finance and merchant settlement.

Paidy uses proprietary models and machine learning to underwrite transactions in seconds and guarantee payments to merchants. The company increases revenue for merchants by reducing the number of incomplete transactions, increasing conversion rates, boosting average order values, and facilitating repeat purchases from consumers.


Paidy is backed by PayPal Ventures, Soros Capital Management LLC (a Robert Soros Enterprise), Visa, JS Capital Management LLC (the family office of Jonathan Soros), Tybourne Capital Management Ltd. and others. The company raised $143M ($83M in Series C extension & $60M in Debt Financing). This brings Paidy's total funding to $163M to date.



  • Year founded: 2008
  • Funding Info: $163M over 5 Rounds (Latest Funding Type: Series C extension & Debt Financing)
  • Yearly Revenue: NA
  • Employee Size: 51-200
  • Business Valuation: NA
  • City/Town: Minato-ku
  • State: Tokyo
  • Country: Japan
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