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Irish fintech NomuPay lands $40M at a $290M valuation from SoftBank

  • Irish fintech startup NomuPay has secured $40 million in Series C funding from SoftBank Corp's subsidiary SB Payment Service, valuing the company at $290 million.
  • NomuPay simplifies cross-border payments for merchants across Asia, Europe, MENA, and the U.S., and will utilize the funding to expand in key regions and enhance its platform.
  • The startup plans to add Japan APMs and SBPS cards to its platform, along with multi-currency settlement and IC++ billing, aiming to offer more local payment options and currency management services.
  • NomuPay aims to increase its global presence, focusing on growth with a target of exceeding $45 million in annualized run-rate revenues and $20 million in net revenue by the end of 2025.

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