Paidy, a Japanese financial tech startup that provides instant credit to consumers in Japan, announced today that it has raised a total of $143 million in new financing.
This includes a $83 million Series C extension from investors including PayPal Ventures and debt financing of $60 million.
In addition to PayPal Ventures, investors in the Series C extension also include Soros Capital Management, JS Capital Management and Tybourne Capital Management, along with another undisclosed investor.
The debt financing is from Goldman Sachs Japan, Mizuho Bank, Sumitomo Mitsui Banking Corporation and Sumitomo Mitsui Trust Bank.
Earlier this month, Paidy and Goldman Sachs Japan established a warehouse facility valued at $52 million.
Paidy also established credit facility worth $8 million with the three banks.